Asia Pacific

Vietnam’s prime minister, Nguyen Tan Dung, has approved plans to set up “industrial clusters” in five sectors, backed by scientific research centres, skilled labour and economic inducements to investors.

Now that Myanmar’s decades of isolation under military rule have ended, the people are loosing their pent-up passion for foreign goods.

South Korean K-pop bands are one of the country’s most profitable cultural exports. But the boy band B1A4 has come up hard against religious disapproval after a recent concert in Malaysia’s Kuala Lumpur.

Since the Seoul government banned South Korean telecom network companies from offering subsidies to attract customers last October, other inducements have had to be found.

China last week raised the tax on gasoline, naphtha, solvent oil and lubricating oil for the third time since the end of November.

The demand for labour among the countries of Southeast Asia is set to explode over the next decade as the region this year creates an economic community modelled on the European Union.

Hong Kong's wealthiest man remains best known in Vancouver for buying the former Expo '86 site

City officials of Gwangmyeong, the “featureless satellite town” of the South Korean capital, Seoul, are paying a price for their zealous courting of the Swedish flat-box furniture giant Ikea.

The impending creation of the Association of Southeast Asian Nations Economic Community (AEC) is leading to a stampede by banks to set up in the region.

Vietnam has finally opened a new international airport terminal and transportation links into the capital, Hanoi. The new international Terminal 2 is to cater to rapidly rising traffic in passengers and cargo. In 2012 the airport served 11.