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Strong growth for manufacturing and retail in Vietnam

May 14, 2018

HANOI - Vietnam is continuing to witness robust expansion of its manufacturing and retail sectors, coupled with a substantial trade surplus and steady FDI disbursement, according to the monthly update from Vietnam Asset Management (VAM). It says Vietnam’s macro-economic data continued to show encouraging results in April, with the manufacturing and retail sectors remaining major growth engines.

China pledges to “fully incorporate core socialist values in legislation”

May 9, 2018

BEIJING - The Communist Party of China (CPC) Central Committee on Monday announced a plan to "fully incorporate core socialist values in legislation" in the next five to 10 years. The legislation, revision, abolishment, and explanation of laws should embody core socialist values, according to the document, the State newsagency Xinhua reported.

Indonesia’s growth stuck in a narrow range: ANZ

May 8, 2018

JAKARTA - At 5.06% year-on-year, Indonesia’s GDP growth came in lower than expected. Gross fixed investment provided an expected boost to overall growth, rising 7.95% y/y from 7.27% in Q4, but total private consumption (which includes non-profit institutions serving households) posted another quarter of lacklustre growth at 5.01% y/y, broadly unchanged from the previous quarter.

Hong Kong promotes talent admission schemes to young emigrants in Australia/New Zealand

May 8, 2018

SYDNEY – A delegation led by the Assistant Principal Immigration Officer of the Hong Kong Immigration Department, Choi Chi-yuen, has met university students, professionals and second-generation members of emigrated Hong Kong residents in Australia and New Zealand to detail various talent admission schemes on offer in Hong Kong.

Xi calls for building of “world-class universities with Chinese characteristics”

May 3, 2018

BEIJING - Chinese President Xi Jinping has called for the building of world-class universities with Chinese characteristics to nurture people well-prepared to join the socialist cause. China’s State newsagency, Xinhua, reported that Xi made the statement during an inspection tour of Peking University (PKU), ahead of China's Youth Day and the 120th anniversary of PKU, both falling on May 4.