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Vietnam

Chip Push

India's semiconductor push, spearheaded by Prime Minister Narendra Modi at meetings with American tech leaders, marks a pivotal moment in the country’s efforts to cement its position as a key player in the global supply chain.

Vietnam’s woes

Vietnam’s GDP growth of 3.3 per cent in the first three months of 2023 has taken economists by surprise. The figure is far below forecasts and marks a reversal for what was till recently Asia’s fastest-growing economy. While a drop in exports weighed on growth, a simultaneous dip in imports, which are used mainly to make products for export, indicates producers are not optimistic about a nearterm recovery.