A food vendor stands in a busy street in Hanoi. As Asians switch from traditional occupations, farms and factories, the contribution of service industries to the region's economy is poised to exceed 50 percent for the first time, according to data compiled by Bloomberg from government statistics. Dinh Tu quit being a monk three years ago and worked in a yoga studio in Ho Chi Minh City to cater to a growing Vietnamese middle class who are finding new outlets for their money. These days, he's selling insurance, too. "People in Vietnam have more to spend now," said the 40-year-old agent for Tokyo-based Dai-ichi Life Insurance Co. "Because I'm no longer a monk, I have to worry about financial pressures, too. I can see that insurance is a good business." As Tu and millions of other Asians switch from traditional occupations, farms and factories, the contribution of service industries to the region's emerging economies is poised to exceed 50 percent for the first time, according to data … [Read more...] about Services set to take largest share of GDP in Asia