Singaporean and Vietnamese youths are also the most optimistic and satisfied about their countries’ political systems, law enforcement and economic future than their peers in four other Southeast Asian countries,
Indonesia is "requesting bilateral economic cooperation to help lower tariffs," the country's Coordinating Minister for Economic Affairs, Airlangga Hartarto, said this week.
The optimism surrounding Asia’s tourism potential is evident from the expansion plans of major global hotel chains
Asian countries' focus on experiences over material acquisitions reflects a broader shift in travel trends, positioning these countries as major players in the global travel landscape.
European mobility superapp Bolt is entering Vietnam’s ride-hailing market, while Chinese smartphone manufacturer Honor plans to enter Indonesia this year. Subscribe now to enjoy unlimited access at just $59.
Nha Trang in Vietnam also gained recognition in 2024, being named one of the top beach destinations for foreign retirees by Travel+Leisure. With an established expat community and an average temperature of 81°F year-round, Nha Trang provides a perfect mix of modern amenities and laid-back beach living.
Grab Holdings plans to deploy 50,000 electric cars made by China's BYD across Southeast Asia as part of its efforts to boost the number of EVs on the roads.
With billions of dollars in Chinese pledges and regulatory reforms, Jakarta is betting big on solar - with a weather eye on US trade policy As US tariffs squeeze Chinese solar firms across Southeast Asia,
Besides apartments and cars, smartphone sales are also booming. The number of registered smartphones among Vietnam’s 100 million population is estimated at 85.73 million, up 6.9% from a year earlier—double that of 2020 and up 23-fold from 2014 — according to Statista.
Dollar Tree CEO Michael Creedon said at its third quarter earnings call that the team can mitigate risk based on its experience in 2018 and 2019. Overall, direct imports make up 41% to 43% of Dollar Tree's total retail value purchases, and China supplies the majority of those imports, per a company filing.
Researchers newly identified a “supergiant” sea bug species off the coast of south-central Vietnam, but scientists worry about its vulnerability to overfishing.
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.