Global capital flows are pivoting away from China in favor of other emerging Asian markets such as India and Vietnam, as investors seek alternatives with fewer economic and geopolitical risks.

The World Bank approved a $129.6 million project on Monday to strengthen flood resilience and improve sanitation, transport, and infrastructure in Nghe An Province.

Many Indian restaurants are cutting back on tomatoes in their popular dishes and consumer companies are ramping up production of cheaper purees that are flying off the shelves, after prices surged more than 500%.

India has rejected Chinese automaker BYD Co's (002594.SZ) proposal to set up a $1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday.

India on Thursday ordered a halt to its largest rice export category in a move that will roughly halve shipments by the world's largest exporter of the grain, triggering fears of further inflation on global food markets.

The Indian government is weighing a ban on the export of many rice types to control inflation, creating a good chance for Vietnam to accelerate outbound sales of rice, said several industry insiders.

India is poised to become the world’s second-largest economy by 2075, leapfrogging not just Japan and Germany, but the U.S., too, says Goldman Sachs.

El Niño has resulted in increasing rice imports from Vietnam, enabling the country to reap US$2.32 billion in the first half.