Economy News

Economy

China's Bold Economic Shift: Looser Monetary Policy and Enhanced Fiscal Support

China's Politburo announces a shift to a "moderately loose" monetary policy and a more proactive fiscal approach, aiming to boost economic consumption, stabilize the real estate se...

Economy

Vietnam's Bold Move: Reviving Nuclear Power for Sustainable Energy Future

Vietnam's National Assembly has approved plans to restart the Ninh Thuan Nuclear Power Project, aiming to diversify energy sources and meet net zero targets by 2050. The project, i...

Economy

Singapore Households See Income Surge Outpacing Expenses: A Detailed Look

The 2023 Household Expenditure Survey shows Singapore households' income grew faster than expenses, with average monthly income rising 4.1% annually to SGD15,473. Government suppor...

Economy

Vietnam's Foreign Investment Surges to $31.4B in 11 Months

Vietnam has attracted nearly $31.4 billion in foreign direct investment over the past 11 months, with the processing and manufacturing industry leading the way. The real estate bus...

Economy

Singapore Emerges as Billionaire Haven: 47 New Arrivals in 2024

A UBS report reveals that 47 billionaires relocated to Singapore in 2024, bringing their collective wealth to US$155.5 billion. The influx highlights Singapore's appeal as a safe h...

Economy

Vietnam Eyes Fresh Passion Fruit Exports to the US: A Potential $100 Million Market

Vietnam is hopeful that its fresh passion fruit will soon be exported to the United States, following Australia's approval of imports earlier this year. If the US approves these ex...

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...