Southeast Asia Archive

Vietnam has made international headlines in recent weeks, but for all the wrong reasons. Vietnam’s dynamic economy, which until recently dominated news coverage of the country, has been replaced by accounts of economic decline, political infighting and the arrest of leading figures tied to the party leadership. Until a few years ago, because of its remarkable economic growth — about 7 percent a year — Vietnam was considered one of the world’s hottest emerging markets and a rising Asian star racing to catch up with its neighbors. However, all of that is apparently over: The country’s economy has slowed sharply, […]

Southeast Asia is increasingly emerging as one of the world’s leading new havens for the wealthy — and particularly financial sector wealth managers. Video News by NewsLook

President Barack Obama accepted the nomination of the Democratic Party to stand for a second term last night in Charlotte, N.C. But by adhering to the traditional schedule for the party’s convention, he excluded the possibility of attending the Asia-Pacific Economic Cooperation (APEC) summit in Vladivostok, Russia. Obama declined the invitation to attend this year’s APEC conclave because he would not have been able to deliver his keynote address in time to fly out to Russia’s Far East for the meetings. But, ironically, a key reason for speaking in Charlotte — to personally address tens of thousands of party activists […]