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ASEAN consumes half of Vietnamese fertilizer exports

April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.

Halal industry to boost Vietnam’s links with Muslim countries: official

With sound partnerships with Muslim-majority countries, the Halal industry will become an important field of cooperation, helping further promote Vietnam’s substantive ties with such partners and contribute to common development and prosperity, said former Deputy Foreign Minister Pham Quang Hieu.

Bangladesh, Vietnam eye FTA to boost economic relations

Bangladesh and Vietnam have agreed to explore possibilities of concluding a bilateral free trade agreement (FTA) in order to add further substance to the steadily increasing bilateral trade and economic relations between the two regional countries, particularly in the context of the LDC graduation

Analysts: Change in mindset needed over FDI attraction

There is much to do for Vietnam to continue to attract larger volumes of investment from the US and the EU, analysts tell recent workshop.

Improving product quality, infrastructure critical to promote trade with China

Improving product quality coupled with infrastructure was critical to promoting cross-border trade via official channels with China.

Vietnam, Cuba see ample room for trade-investment cooperation

There is lots of room available for Vietnam and Cuba to step up commerce and investment cooperation, especially in farming and food processing, heard a forum promoting trade between the two countries held in Ho Chi Minh City on May 12.

More US businesses plan to sound out opportunities in Vietnam

Many firms from the United States have devised plans to enter the Vietnamese market from now until the end of the year to seek business opportunities and meet Government members, said Vu Tu Thanh, deputy regional managing director for the US-ASEAN Business Council.

Image: Utilization of tariff preferences under Vietnam’s FTAs in 2022

Utilization of tariff preferences under Vietnam’s FTAs in 2022

According to data from the Ministry of Industry and Trade, the total export turnover taking advantage of tariff preferences under the FTAs in 2022 reached 78.3 billion USD

Big picture of economics of development

The word or term ‘development’ is mostly used to refer to a specified state of advancement or economic growth. Development is generally considered a process creating growth, progress or positive change. In a broader perspective, however, the definition development encompasses physical, economic,

UAE, Thailand agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Vietnamese shrimp products hold highest market share in RoK

East year sees the Republic of Korea (RoK) import over 100,000 tonnes of shrimp worth between US$800 million and USS$1 billion, with Vietnamese shrimp products always accounting for the highest market share at over 50%.

The new Pacific island: UK supply chains access CPTPP trade deal

The UK’s membership of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) trade group brings new supply chain opportunities. They should not be overstated: The UK already has trade deals of varying sorts with all CPTPP members except Malaysia and Brunei.

42nd ASEAN Summit wraps up highlighting three key pillars

The 42nd ASEAN Summit concluded on May 11 after three days of meetings, with leaders approving many documents in all three key pillars of political security, economy, and socioculture.

Việt Nam ready to supply rice to Philippines at reasonable prices in long-term: PM

Prime Minister Phạm Minh Chính on Wednesday met with President of the Philippines Ferdinand Romualdez Marcos Jr., as the two were attending the 42nd ASEAN Summit in Labuan Bajo, Indonesia.

Rice exports to China skyrocket

After enduring a period of stagnation, China is purchasing additional rice from the Vietnamese market, with several local enterprises continuously negotiating new export contracts, according to industry insiders.

China triples export volume and captures a third of India’s PVC import market share in FY’23

India’s primary producers always claim the dumping of sub-standard Chinese goods into local markets at competitive prices, which in turn takes away the market share of high-quality raw materials from domestic producers and pulls down the quality of final products in circulation. Polyvinyl chloride