Trade
Exports
Ratified EU trade pact to boost Vietnam GDP
The EU-Vietnam free trade agreement will increase Vietnam’s annual GDP growth by 0.1 percentage points and boost exports of various sectors, HSBC says. Vietnam’s National Assembly Monday ratified the EU-Vietnam Free Trade Agreement (EVFTA) which will cut or eliminate 99 percent of tariffs on goods traded between the two ...
Dat Nguyen
Collapse in Myanmar Seafood Exports Puts 1 Million Jobs At Risk
About 1 million people may lose their jobs in Myanmar’s fisheries industry, with almost all exports ceasing since February as the spread of Covid-19 prompted major buyers, led by China and the U.S., to halt orders. Processing plants wouldn’t have been able to deliver anyway, as ...
Khine Lin Kyaw
Thailand boosting rubber exports a concern
Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber exports ...
Asia Rice: Vietnam rates gain on fears Mekong water woes may hurt crops
Rice export prices in Vietnam rose for the first time in six weeks as domestic buying picked up and fears of water scarcity in the country’s rice bowl grew, while weaker local currencies weighed on rates in other top Asian exporting hubs. In Vietnam, rates for ...
Tra fish industry needs to improve product quality
Việt Nam’s tra fish (pangasius) industry has been urged to strongly improve its quality so as to compete with not only traditional rivals, but also its biggest tra fish importer – China. According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), the domestic tra fish sector faces ...
Yunnan's trade with Mekong River countries tops 12.8 bln USD in 2018
The trade revenue between southwest China’s Yunnan Province and countries along the Mekong River exceeded 12.8 billion U.S. dollars last year. The trade volume saw a year-on-year increase of 7.28 percent. Keep reading ...
Việt Nam to build plan for trade promotion in development triangle area
Representatives of Cambodia, Laos and Việt Nam have agreed to assign Việt Nam to devise an action plan for effectively implementing the Agreement on Trade Promotion and Facilitation in the CLV Development Triangle Area, signed in 2016 in Siem Reap, Cambodia. This is one of the important ...
Vietnam increases its quota for Kingdom’s rice to 300K tonnes
After the EU decided to impose tariffs on Cambodia’s rice exports from January, Vietnam agreed this week to expand its import quota for the Kingdom’s rice to 300,000 tonnes. Vietnam’s actions come as the Chinese government late last night agreed to increase its import quota ...
Thailand: Cross-border trade up 6 percent in 2018
Thailand fetched 1.4 trillion THB (44.5 billion USD) from cross-border trade in 2018, up 6 percent over the previous year, but falling short of the set target of 1.5 trillion THB. According to Thailand’s Department of Foreign Trade, the ongoing US-China trade row, natural disasters, ...
Cambodia Faces Next Trade-Sanctions Move by the European Union
The European Union moved closer to imposing trade sanctions against Cambodia as a result of alleged human-rights violations in the country. The European Commission in Brussels has asked EU national governments to give the green light by Jan. 29 for suspending a policy that lets ...
