Economy
India’s metro revolution: A decade of transformative growth and connectivity
In a significant milestone for India's urban infrastructure development, Prime Minister Narendra Modi recently inaugurated the Delhi section of the Delhi-Meerut Namo Bharat corridor between Sahibabad and New Ashok Nagar.
Economy
Mahakumbh 2025: How India prepares to hold world's largest spiritual congregation
The Mahakumbh, one of the largest spiritual gatherings in the world, is set to take place in Prayagraj in the northern Indian state of Uttar Pradesh, from January 13 to February 26, 2025.
Economy
Vietnam Introduces Incentives of Initial Costs for Semiconductor and AI R&D Projects
The government has issued a decree providing financial support up to 50% of initial investment costs for enterprises undertaking research and development projects in the semiconductor and artificial intelligence (AI) industries.
UKVFTA Opens up New Opportunities for Vietnamese Coffee Exports
Following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA), the average export price of Vietnamese coffee to the United Kingdom has surged, underscoring Vietnam’s increasingly strong position in the global coffee market.
Growth Prospects for Vietnamese Economy in 2025
Economic growth in 2024 is set to rebound impressively, thanks to significant gains in industrial production, trade, and import-export activities. These will serve as a foundation for the economy to accelerate further.
Pakistan attempts to secure permanent membership of BRICS
Pakistan has tried to secure permanent membership in Brazil, Russia, India, China, and South Africa (BRICS). Reports indicate that Islamabad is engaging with member countries to seek support for its membership. Pakistan is also pursuing entry into the New Development Bank (NDB), an institution established by BRICS nations.
Fostering Digital Economic Growth and Technological Innovation in Vietnam
The draft Law on Digital Technology Industry is anticipated to provide a legal framework to foster the development of Vietnam’s digital technology industry. Its focus is on Vietnamese digital technology enterprises, gradually transitioning from assembly and outsourcing to innovation, design, integration, production, and mastering core technologies.
Ho Chi Minh City Hosts Forum to Boost Vietnam-Laos Economic Cooperation
The Vietnam-Laos trade and investment promotion forum in Ho Chi Minh City on December 27 emphasized the 60-year friendship between the two countries as a springboard for bolstering economic partnerships in key sectors such as energy, agriculture, and tourism.
India Poised to Obtain Air & Space Force: A Leap into the Future of Defense
The Indian Air Force (IAF) is on the brink of a significant transformation, evolving into the Indian Air & Space Force (IASF). This evolution is marked by a strategic enhancement of capabilities through the addition of 52 satellites, aimed at bolstering Indian Army's surveillance and warfare prowess. According to insights shared with Sputnik India by leading expert, this move is not only showcases India's advancements in space technology but also positions the country at the forefront of modern military technology.
Vietnamese Farm Produce Makes Strong Inroads into Malaysian Markets
The presence of Vietnamese rice, fruits, and spices in Malaysia’s major supermarkets reflects a rising preference for these high-quality goods. Experts forecast significant growth in Vietnam-Malaysia trade relations, driven by enhanced export strategies.
Vietnam’s Expanding Role in Global Supply Chains
Vietnamese companies have a golden opportunity to become part of global supply chains and boost their competitiveness.
India's quest for semiconductor self-reliance gets wings in 2024. Here's what to expect in 2025
Central and state government policies and incentives have encouraged the setting up of semiconductor fab facilities, but global challenges could cause uncertainties.
Forum Discusses Way to Expand Vietnam-Cambodia Cooperation in Digital Economy
The Vietnam-Cambodia Trade and Investment Promotion Forum aims to assist local businesses in finding trade and investment partners while fostering connections between the business communities of both countries.
Gwadar (Pakistan) ‘paralysed’ as workers over border trade continue
Normal life in Gwadar remains severely disrupted as workers and supporters of the All Parties Alliance continue their sit-in at Marine Drive for over a week. The protesters are demanding the reopening of the border with Iran for trade in oil and other commodities, which has been closed for months.
Vietnam Achieves Highest Export Growth to Singapore in 11 Months
Over an 11-month period, Vietnamese exports to Singapore increased by 32.11% year-on-year, while exports to Taiwan (China) and India grew by 26.70% and 23.86%, respectively.
Vietnam Ascends to World’s Second Largest Garment Exporter
Vietnam’s textile and garment industry is on track to achieve nearly US $44 billion in exports this year, surpassing competitors to become the second-largest exporter globally, according to Vinatex's General Director Cao Huu Hieu.
Vietnam - US Trade: Many Bright Spots Throughout 2024
Do Ngoc Hung, Trade Counsellor and Head of the Vietnam Trade Office in US, shared in a recent interview that the economic and trade mechanisms between Vietnam and the US have shown efficiency in 2024.
India’s expanding credit landscape is a result of the strengthening of Indian financial markets
Robust consumption demand and capex push by the government, accompanied by rapid digitization and expanding financial inclusion, are the backbone of expanding financial markets in India.
PM Modi meets President of Kuwait Heritage Society, praises works of preserving India-Kuwaiti artefacts
Official Spokesperson of the Ministry of External Affairs, Randhir Jaiswal said that Prime Minister Narendra Modi met with Fahad Ghazi Alabduljaleel, President of Kuwait Heritage Society in Kuwait on Sunday.
Leading the Way: Singapore's Exceptional Achievements at the ACES Awards 2024
At the ACES Awards 2024, Singaporean companies and leaders took center stage, honored for their groundbreaking contributions to sustainability, innovation, and transformative leadership.
India to be global hub for renewable energy in next 30 years: US Ambassador
Like the resilience of a palm tree that grows notwithstanding the "strongest storm" and "biggest wind", the India-US relationship will continue to thrive and benefit the world, US Ambassador Eric Garcetti said on Monday.
Sri Lanka hails India’s support in economic recovery, debt restructuring
Sri Lankan President Anura Kumara Dissanayake expressed gratitude to the Indian government for its support during their economic crisis and subsequent recovery efforts and acknowledged the country’s role in debt-free structuring process.
UK Commits to Supporting Vietnam’s CPTPP Goals for Growth and Innovation
As the CPTPP takes effect on December 15, the UK and Vietnam stand ready to deepen their trade ties, bolstering cooperation across key industries.
