Vietnam 

Ministry of Transport to accelerate North-South Expressway project – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Ministry of Transport plans to rush the implementation of the North-South expressway project in 2019, said Minister of Transport Nguyễn Văn Thể.— Photo vietnamfinance.vn HÀ NỘI — The Ministry of Transport plans to rush the implementation of the North-South expressway project in 2019, said Minister of Transport Nguyễn Văn Thể. He said the ministry had approved a feasibility study of 11 sub-projects of the North-South expressway project since October last year and was in the process…

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Vietnam 

November car sales accelerate – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Car sales rose by 23 per cent y-o-y in Novenmber to 30,540 units, according to a report by the Vietnam Automobile Manufacturers’ Association. The report showed that November sales reached 253,957 units, with giants such as Toyota, Trường Hải Auto Corporation (Thaco), Ford and Honda claiming the majority of market share. Domestic automaker Thaco now leads car sales in Việt Nam with 88,181 units sold in the first 11 months, up 9 per cent compared with the same period last year,…

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China 

US-China trade war pushes firms to accelerate supply chain shift to Asean, Citigroup says

An escalating trade war between the US and China is causing companies caught in the crossfire to accelerate plans to shift portions of their supply chains out of the mainland, with Southeast Asia slated to benefit from the disruption of trade flows, according to a Citigroup official. Gerry Keefe, Citi’s head of corporate banking for Asia-Pacific, said that rising trade tensions have caused some clients to bring forward plans to move capacity out of China to other parts of Asia, a trend that has been ongoing for several years as…

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