Daily Archives: May 15, 2014

At most times, Brussels can seem far removed from the hurly-burly of Europe’s commercial life. But the 1,500 participants, from policy-makers to chief executives, at this year’s European Business Summit at the Palais d’Egmont, seem keen to get some practical and urgent messages across to each other. Read more

Protesters holding Vietnamese flags attempt to push down the front gate of a factory in Bien Hoa (Getty)

By Ben Bland

Prompted by anger over Beijing’s assertive stance in the South China Sea, the deadly anti-Chinese riots sweeping through Vietnam’s industrial parks have highlighted just how important the country has become to global supply chains.

This has been good for Vietnam too.

With the crucial banking and state-owned enterprise sectors hamstrung by huge debts and a lack of reform since Vietnam started overheating in 2008, it is the thriving manufacturing sector that has kept the economy ticking along, accounting for 17 percent of GDP and generating much-needed foreign exchange.

What’s behind this manufacturing boom? Read more