Economy


US designates Vietnam as a currency manipulator: What does it mean?

The US Treasury Department’s designation of Vietnam as a currency manipulator reflects President Trump’s push to punish countries that have trade surpluses against the US. However, the move is likely to start a new phase of negotiations to avoid harm to both countries’ strategic interests.







Indonesia says military will develop millions of hectares for national agriculture push

Indonesia has given control of its new national agricultural plan over to Defense Minister Prabowo Subianto, who stands accused of ordering civilian repression, torture and other crimes. The military’s control of the food estates program has increased opposition to the plan as critics voice concerns about the militarization of agriculture.


Foreign investors push economic zones in Laos despite debt, local opposition

Foreign investment projects worth billions of dollars are poised to transform Laos’ Vang Vieng in spite of local opposition and the government’s precarious public debt. The area, known for its natural beauty, falls along the route of a new Chinese railway and is one of many projects in Laos under China’s Belt and Road Initiative.


Vietnam lauded for efforts to combat illegal fishing

Efforts to curb illegal fishing in Vietnam have drawn international attention from foreign officials, as the government in Hanoi adopts new measures in line with the recommendations of the European Commission.