Vietnam 

Industry has important role to overcome middle income trap in VN – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Workers process garment products. Policies on developing the industrial sector will play an important role to overcome middle income trap in Việt Nam. — Photo vietstock.vn HÀ NỘI — Policies to develop the industrial sector will be the key to keeping Việt Nam’s out of the middle income trap, according to experts. The middle income trap is closely tied to economic growth, so if growth doesn’t stay high and for decades and there is not high income per capita, the nation will fall into the middle income trap, Deputy Director of the…

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Vietnam 

Tech can lead Việt Nam past the middle-income trap: forum – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Minister Nguyễn Xuân Phúc (right) visits tech booths at the Forum on Developing Việt Nam’s Technology Companies on Thursday. — VNA/VNS Photo Thống Nhất HÀ NỘI – Supporting local tech firms as they strive for technological advancements is a vital part of Việt Nam’s efforts to beat the middle-income trap and become a developed economy, heard a forum on Thursday. To escape the middle-income trap, Việt Nam must have a yearly growth rate of 6.5-7 per cent or individual income must grow 5.5-6 per…

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Home 

China’s US$59 billion internet and technology bubble will trap many private-equity investors when it bursts, Bain says

China’s internet and technology sector is a bubble waiting to burst, according to an annual Asia-Pacific private equity report for 2019 released by Boston-based global management consultancy Bain & Company on Friday.According to the report, many private equity (PE) investors are stuck with portfolio companies bought over the past five years at high multiples. They now also face a deteriorating outlook for their investment.“That scenario, if and when it comes, will make it tough for general… Source link

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Vietnam 

Bull trap doesn’t mean stable rally: analysts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Investors need to closely monitor market trends and signals to assess whether the market will likely experience a bull trap after last Thursday’s shocking decline—and to determine whether this stage is one of more risk than opportunity.   A bull trap is a false signal that indicates a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline. The benchmark VN-Index on the HCM Stock Exchange gained 2.56 per…

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Global 

Could Donald Trump’s taste for tariffs trap Captain America, Spider-Man toys, Barbie dolls and Transformers in the trade war?

Captain America may soon face his toughest enemy yet: United States trade officials. Toymakers, major job creators in Hong Kong, China and the US, are on edge as the Trump Administration has placed tariffs of up to 25 per cent on about half of all goods shipped from China. Spider-Man action figures, Barbie dolls and Transformers have escaped the clutches of the new levies, but could be affected if US President Donald Trump goes through with his threat of adding tariffs to all Chinese-made goods, which accounted for more than…

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