Jan. 26 – Ho Chi Minh City is set to host the World Economic Forum on East Asia in June 6 to 7, highlighting the region’s steady economic recovery through increasing regional economic integration, local consumption and adaptive stimulus measures.

The region is expected to maintain high growth when the members of the Association of Southeast Asian Nations (ASEAN) fuse their markets into one by 2015. Vietnam was chosen as a venue for the forum as the current chair of the ASEAN and as a developing economy in the region. The meeting will gather the regional leaders to talk about how to fortify competitiveness while driving innovation and environmentally friendly economies. Continue reading →

Jan. 26 – India and China were the top two over-performers among developing economies in terms of improved logistics performance despite lower levels of per capita income, says a World Bank Group survey on international trade logistics.

The “Connecting to Compete 2010: Trade Logistics in the Global Economy” ranked 155 economies based on Logistics Performance Indicators compiled from information provided by international freight forwarders and express carriers on the logistics process of the countries where they trade and operate in. Continue reading →

Jan. 25 – India and China are working towards a new comprehensive bilateral agreement that will expand trade relations between the huge, developing nations.

The joint economic group meeting held in Beijing addressed issues of increasing local stakes in Chinese projects in India and easing market entry for Indian companies in China particularly for in its IT and pharmaceutical industries. New Delhi wants Chinese projects in India to have more Indian participation after getting strict with employment visas issued to Chinese workers in the country last year. Continue reading →