RCEP enters into full force, to inject fresh vitality to world economy
The Regional Comprehensive Economic Partnership (RCEP) entered into force in the Philippines on Friday, signifying that the pact is now effective for all 15 members, a new stage of full implementation for the free trade area with the largest population, largest economic and trade volume in the
Slower-than-expected global recovery hurt exports
Slow recovery in global demands for consumption and waning production at home are expected to continue making it difficult for Vietnam to swell exports this year.
Vietnam’s exports to hit US$618 billion by 2030 at 7 per cent annual growth
Vietnam will be a key driver of global trade growth, with its exports projected to reach US$618 billion by 2030, an annual growth rate of 7 per cent, outpacing the global average of 5 per cent by a significant 2 percentage points.
‘We’re not going back’: The U.S. and Europe are entering a new trade era
The dramatic shift means that issues like climate and tech will grow more intertwined with trade.
Vietnamese lychee, longan eye bigger market share in Singapore
The Vietnamese Trade Office in Singapore is working to promote the export of Vietnamese fruits, particularly longan and lychee, to Singapore.
Coconut exports to be worth $1B this year
Vietnam will earn US$1 billion from exports of fresh coconuts and products made from them this year, up from $900 million last year, the Vietnam Coconut Association has said.
Vietnam to diversify rice export markets
Vietnam will develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure under a strategy recently approved by the Prime Minister.
Vietnam seeks to expand overseas markets for lychees, longans
The Ministry of Industry and Trade held a meeting with Vietnam Trade Offices abroad on May 31 to discuss ways to boost the exports of lychees and longans as many northern localities are harvesting the fruits.
Over 700 durian trucks stuck at Vietnam-China border
Some 700 trucks, most of them carrying durian, are stuck trying to enter China from Vietnam’s Lang Son Province, thanks to high demand during the fruit’s harvest season.
Vietnam willing to join efforts for CPTPP elevation, IPEF negotiations
Vietnam is ready to coordinate with other CPTPP member countries in implementing the 2023 rotating chair New Zealand’s initiatives on elevating the deal as a model one of the region and the world, affirmed Minister of Industry and Trade Nguyen Hong Dien.
Cambodian National Assembly ratifies ASEAN trade in services agreement
The Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services.
The market is in recession, tuna export businesses are facing significant challenges
Tuna processing and export businesses are currently facing numerous difficulties due to a downturn in the import market, soaring prices of tuna raw materials reaching a peak, and increasing production costs
Taiwan hails ‘comprehensive’ trade deal with US as China issues warning
Agreement designed to deepen economic ties ‘signals a new beginning’, says Taiwan cabinet spokesperson.
Thailand faces tougher durian export war in China’s market from Vietnam and the Philippines
Thailand can face tougher competition in exporting durians to China’s market over the next five years as China imports more durians from other countries, especially from Vietnam, according to the Bank of Thailand (BoT) report.
Ninh Thuan's grapefruit receives code to export to US
Grapefruit grown in Phuoc Binh commune, Bac Ai district in the south-central province of Ninh Thuan has received a farming area code, making it eligible for export to the US in the coming time
Southeast Asia’s digital economy may be set to hit $1 trillion, but roadblocks remain
Southeast Asia’s digital economy has plenty of growth potential, backed by strong fundamentals including over 460 million digital consumers, young and tech-savvy populations, as well as rising internet penetration
