Economy News

Economy

Vietnam's Youth Startup Ecosystem: A $529M Success Story

Vietnam's youth startup ecosystem has attracted $529M in 2024, with most entrepreneurs aged 16 to 35. The ecosystem is evaluated based on six key factors, and while it shows growth...

Economy

Vietnam's Coffee Exports Soar to Record $5.6 Billion Amid Global Price Surge

Vietnam's coffee exports are expected to hit a record $5.6 billion this year, driven by a surge in global coffee prices. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa As...

Economy

Vietnam's Trade Surplus Hits $24.3B: A Closer Look at the Numbers

Vietnam's trade surplus reached $24.3 billion in the first 11 months of the year, with exports and imports totaling $715.55 billion, up 15.4% from a year earlier. November alone ac...

Economy

Political Turmoil in South Korea: How Will It Affect Government Bond Yields?

An analyst at Hanwha Investment & Securities predicts that the impact of a martial law situation on government bond yields would be limited. This forecast comes in the wake of rece...

Economy

South Korea's Political Turmoil Threatens Economic Growth: Goldman Sachs Analysis

Goldman Sachs warns of increased economic risks in South Korea due to political instability, including martial law and impeachment proceedings. The forecast for 2025 growth rate is...

Economy

Uncertainty Grips Business Sector Amid Political Turmoil and Economic Challenges

Domestic companies are on high alert amid the aftermath of President Yoon Suk Yeol's martial law and the opposition parties' push for his impeachment. With the prolonged economic d...

Economy

Legislative Gridlock Threatens South Korea's Economic Stability Amid Political Crisis

South Korea's economic policies face significant turbulence due to political gridlock, with 1,764 economic bills pending in various committees of the National Assembly. The ongoing...

Economy

South Korea's Democratic Party Proposes Further Budget Cuts Amid Political Turmoil

The Democratic Party of Korea has proposed an additional 700 billion won budget cut, bringing the total reduction to 4.8 trillion won. This decision reflects the current political ...