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  • Kyoei Steel revives Vietnam investment plans

    OSAKA -- Japanese steelmaker Kyoei Steel announced Friday that it will build a plant for reinforcing bars in northern Vietnam for about 21.8 billion yen ($200 million), revisiting stalled plans in order to both boost output capacity and cut down on

    August 19, 2017 03:27 am JST
  • Southeast Asian workers press for big minimum wage hikes

    HANOI -- Calls for major increases in minimum pay are spreading through Southeast Asia as workers grow more conscious of their rights amid economic expansion and turn up the pressure on their governments.Malaysia and Myanmar are among the countries

    August 18, 2017 10:30 am JST
  • Vietnam's VPBank lists on Ho Chi Minh City stock exchange

    HO CHI MINH CITY -- The Vietnam Prosperity Joint Stock Commercial Bank, better known as VPBank, floated more than 1.3 billion shares on the Ho Chi Minh City Stock Exchange (HOSE) on Thursday, after three years without any banking stocks listed on th

    August 17, 2017 10:03 pm JST
  • Hanoi makes sharp U-turn on Japan-built bridge

    HANOI -- A dramatic about-face by the Vietnamese government on its assessment of a Japanese-built bridge in northern Vietnam, which went from "major" flaws to no issues at all in a couple of days -- suggests to some involved in the project that the

    August 17, 2017 11:31 am JST
  • Amid renewed N.Korea tensions, China appoints new special envoy

    BEIJING (Reuters) -- China has appointed a new special envoy for the North Korean standoff, the foreign ministry said on Monday, a relatively low-profile diplomat now in charge of Asian affairs, amid renewed international concern over China's nuclea

    August 14, 2017 09:44 pm JST
  • Nikkei Asia300 Index recovers from weekly loss as US inflation damps Fed rate hike bets

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rebounded from a weekly loss, tracking gains on Wall Street after slower-than-expected U.S. inflation data eased expectations of another rate increase this year.The Nikkei Asia300 Index add

    August 14, 2017 09:24 pm JST
  • For ASEAN, Japan is a key counterbalance to China

    TOKYO -- Five decades after the Association of Southeast Asian Nations was established, changing economic and political dynamics in the region are putting a spotlight on Japan's growing importance to the bloc as a counterbalance to China.Japan and t

    August 14, 2017 12:16 pm JST
  • Angel Gurria

    Making the digital age work for ASEAN

    Southeast Asia is one of the world's most dynamic regions, with vast endowments of natural resources, an increasingly diversified economy, an expanding middle class and growing global influence. With the launch of the ASEAN Economic Community in 201

    August 14, 2017 09:00 am JST
  • Richard Heydarian

    Divided ASEAN hands China diplomatic coup

    The annual regional forum and related meetings of the Association of Southeast Asian Nations (ASEAN) in Manila brought together 27 foreign ministers from around the Asia-Pacific region -- but the outstanding result was a major diplomatic victory for

    August 12, 2017 04:14 am JST
  • FPT reduces stake in handset retail subsidiary

    HO CHI MINH CITY -- FPT, Vietnam's biggest information technology company, announced on Friday that it has transferred 30% of FPT Digital Retail's charter capital to Dragon Capital and VinaCapital, the two biggest investment funds in Vietnam.Details

    August 12, 2017 12:11 am JST
  • ASEAN AT 50

    ASEAN is looking good, but now looking up to China and India

    TOKYO -- The first 50 years of the Association of Southeast Asian Nations should be regarded as an overall success, but its future is anything but certain. Sandwiched between China and India, ASEAN could find itself overwhelmed economically by these

    August 11, 2017 07:27 pm JST
  • VPBank to list on jittery main bourse next week

    HO CHI MINH CITY -- The Vietnam Prosperity Joint Stock Commercial Bank, better known as VPBank, is to list on the Ho Chi Minh City Stock Exchange next week with an offering price of 39,000 dong ($1.72) despite the market entering some stormy times.V

    August 11, 2017 03:27 am JST
  • Beijing sets the pace in South China Sea talks

    MANILA For 15 years, China dictated the pace of negotiations with the Association of Southeast Asian Nations on a code of conduct for handling disputes in the South China Sea. Now that an agreement has been reached, Beijing seems still to have the u

    August 10, 2017 10:00 am JST
  • In final court appearance, Yingluck appeals to Thai farmers

    BANGKOK In her darkest hour, former Thai Prime Minister Yingluck Shinawatra has turned to the country's rice farmers, the voter base she tapped for her maiden electoral triumph, for support."I am most proud [because] ... I had the opportunity to pus

    August 10, 2017 10:00 am JST
  • Angel Gurria: Making the digital age work for ASEAN

    Southeast Asia is one of the world's most dynamic regions, with vast endowments of natural resources, an increasingly diversified economy, an expanding middle class and growing global influence. With the launch of the ASEAN Economic Community in 201

    August 10, 2017 10:00 am JST
  • ASEAN AT 50: Nicholas Farrelly

    Time for idealism is over in ASEAN

    The Association of Southeast Asian Nations will celebrate its 50th birthday in August with much backslapping and bonhomie. In recent decades, its 10 members have prospered, leaving behind the dark shadow of the Cold War when battles raged on almost

    August 10, 2017 10:00 am JST
  • Vietnam-Germany relations sour over intrigue in Berlin

    HANOI -- The alleged kidnapping of a national of Vietnam on German soil by Vietnamese intelligence may have economic repercussions on top of the usual political ones, with Berlin vowing further action over what it deems a flagrant violation of the l

    August 9, 2017 12:00 pm JST
  • Australia ready to move forward on 'TPP 11': trade minister

    SYDNEY -- Despite America's withdrawal, members of the Trans-Pacific Partnership trade pact are focused on reaching an agreement for the 11 remaining countries, Australian Trade Minister Steve Ciobo said.Australia prefers the agreement stay as close

    August 9, 2017 11:30 am JST
  • China, at its own pace, sails ASEAN toward a maritime dispute code

    MANILA -- For 15 years, China has largely dictated the pace of its negotiations with the Association of Southeast Asian Nations on a code of conduct for the disputed South China Sea. With an agreement now reached, Beijing still has the upper hand on

    August 9, 2017 11:30 am JST
  • ASEAN AT 50: Frederic Neumann

    At 50, ASEAN is still punching below its weight

    It is easy to dismiss the Association of Southeast Asian Nations as another international talking shop. But that would be a mistake. Over the last five decades, the organization has brought stability to a region all too often riven by tension and st

    August 9, 2017 10:00 am JST