Handicraft and souvenir vendors wait for customers and tourists at the Luang Prabang market US companies, whose investments trail far behind those of China, Vietnam and Thailand in Laos, are turning their attention to the poor but fast-growing nation, an official said Thursday. The US-ASEAN Business Council this week took its first formal delegation to [...]
Japan’s Sapporo Holdings said on Thursday it would enter the Vietnamese market by taking a 65 percent stake in a beer joint venture with Vietnam National Tobacco Corp to tap its fast-growing market. It marks the first major overseas expansion in three years by Sapporo, the smallest of Japan’s four major brewers, as bigger rivals [...]
Fast growing China and India may be important players but the emerging economic giants alone do not have the clout to drag the global economy out of its worst slump since the 1930s, analysts say. China, ranked the worldâs third largest economy after the US and Japan, grew 7.9 percent in the second quarter this [...]
