Facing Trump tariffs, Vietnam eyes crackdown on some China trade

13 Sept 09:17 Key points summarised by AI

Vietnam pledges to curb the transshipment of Chinese goods through its territory to the U.S., aiming to avoid punitive tariffs and address U.S. concerns over trade fraud.
Following a 46% U.S. tariff (now suspended for 90 days), Vietnam seeks to negotiate a lower duty range while balancing its crucial trade ties with both the U.S. and China.
Hanoi plans to tighten controls on sensitive dual-use exports, such as semiconductors, from the U.S. to China, responding to Washington's requests to prevent technology transfer to third countries.
Vietnam is navigating complex geopolitical pressures by making gestures like approving Starlink and considering China's COMAC planes, showcasing its diplomatic strategy between major powers.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.