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Vietnam exports up as US tariff threat lingers
Vietnam exports up as US tariff threat lingers
Economy
by  AFP

Vietnam's exports rose sharply last month, official figures showed Friday, as the communist country tries to negotiate relief from swingeing tariffs threatened by US President Donald Trump. Despite the tariff uncertainty, the United States remained Vietnam's number one export market with $57 billion in the first five months of 2025 -- up from $44 billion over the same period a year ago.

Asian markets wobble as Trump-Xi talks offset by Musk row
Asian markets wobble as Trump-Xi talks offset by Musk row
Economy
by  AFP

Asian markets stuttered Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk. Asian equities fluctuated in early business, with some observers suggesting traders were positioning for what could be a volatile start to next week in light of the row and upcoming US jobs data.

Norway adopts tourist tax to combat overtourism
Norway adopts tourist tax to combat overtourism
Economy
by  AFP

Norwegian lawmakers approved Thursday the introduction of a tourist tax to help finance infrastructure improvements as a boom in visitors has led to worries about overtourism. The funds raised by the tax will go exclusively to improve tourism infrastructure. phy/rl/jhb