chinese yuan weakened to 11 year low in response to new tariffs

Chinese yuan weakened to 11-year low in response to new tariffs

Earlier on Monday morning, the Chinese yuan weakened to an 11-year low. The onshore renminbi weakened as much as 0.7 per cent against the dollar to its lowest since February 2008 following comments from the White House that President Trump’s only regret was not raising tariffs more than he already had.  
g7 wrestles with iran amazon fires and trade but own unity shaky

G7 wrestles with Iran, Amazon fires and trade, but own unity shaky

G7 leaders close their summit Monday (Aug 26) with discussion of world problems including the fires ravaging the Amazon rainforest, but overshadowed by President Donald Trump's trade wars and questions over the group's unity.
a larger slice of global capital rearrangements

A larger slice of global capital rearrangements

Numerous international investors, including Chinese groups, plan to relocate their facilities to ASEAN countries to avoid the impact of the US-China trade dispute. Phan Huu Thang, former head of the Foreign Investment Agency under the Ministry of Planning and Investment,  writes about multinationals’ concerns, particularly about human resources, and the exact potential of the market in Vietnam.
china hits out at bullying us over new tariffs

China hits out at 'bullying' US over new tariffs

China on Saturday (Aug 24) angrily hit out at the latest US tariff hikes on its goods, saying a "bullying" Washington would eventually "eat its own bitter fruit".
local food producers pick up gauntlet

Local food producers pick up gauntlet

As fruit and seafood imports, particularly from the United States, have risen a great deal in the past three weeks, domestic businesses are exercising plans to cope with this competition. Thu Huong reports.
vietnam asias bright spot amid trade tensions

Vietnam: Asia’s bright spot amid trade tensions

Amid the trade tensions between the United States and China, Vietnam has been one of Asia’s bright spots with the expectation of economy growth of 6.7 per cent in 2019 thanks to robust domestic demand and increasing foreign direct investment (FDI).
li pan to make presidents cup history for china taiwan

Li, Pan to make Presidents Cup history for China, Taiwan

Li Haotong, CT Pan and Abraham Ancer will make Presidents Cup history when they line up against Tiger Woods' formidable United States team in December.
5th vcca offering unparalleled networking opportunities

5th VCCA offering unparalleled networking opportunities

About 200 booths of nearly 100 enterprises from 10 countries like Vietnam, Japan, South Korea, Thailand, China, Malaysia, Taiwan, and Singapore will participate in the Vietnam International Conference and Exhibition on Control and Automation (VCCA) 2019.
17 chinese ukrainian seamen kidnapped off cameroon

17 Chinese, Ukrainian seamen kidnapped off Cameroon

Nine Chinese and eight Ukrainian seamen were abducted on Thursday (Aug 15) when two merchant vessels came under attack in Cameroonian waters, sources said Friday.
chinese and us trade negotiators speak on phone

Chinese and US trade negotiators speak on phone

Chinese and American trade negotiators spoke on the phone on Tuesday (Aug 13), state media reported, two weeks after US President Donald Trump ratcheted up tensions by announcing fresh tariffs on Beijing's exports.
hong kong stocks dive as protests rumble china anger builds

Hong Kong stocks dive as protests rumble, China anger builds

Hong Kong stocks tumbled on Tuesday (Aug 13) as protests that have jolted the city for more than two months fuel political and economic uncertainty, with China's growing frustration leading to worries it will take a tougher line with the standoff.
asian markets mixed as dealers fret over us china trade talks

Asian markets mixed as dealers fret over US-China trade talks

Asian markets were mixed Monday (Aug 12) with investors gripped by concerns about the US-China trade war after Donald Trump said he was prepared to walk away from next month's planned talks.
japanese textile and apparel makers sets solid foothold in vietnam

Japanese textile and apparel makers sets solid foothold in Vietnam

A number of Japanese textile and apparel makers plan to expand operations in Vietnam due to labour costs and the impact of the US-China trade war.
chinas prolonged falling yuan may harm viet nams trade

China's prolonged falling yuan may harm Viet Nam's trade

China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Viet Nam’s trade in the short term.
18 dead 14 missing as typhoon lekima hits china

18 dead, 14 missing as Typhoon Lekima hits China

Eighteen people are dead and 14 others missing in a landslide after Typhoon Lekima hit eastern China, state media reported Saturday (Aug 10).