Economy and commerce
Trade
Cambodia, South Korea wrap up second round of FTA Talks
Cambodia and South Korea ended the second round of their negotiations on free trade agreement (FTA) today with positive progress. It was a remarkable progress after four days of virtual meeting held from Aug. 31 to Sept. 3, said Seang Thay, Secretary of State at the ...
Coronavirus: Vietnam bans wildlife trade over pandemic risk
Vietnam has banned the import of wildlife and wildlife products to reduce the risk of new pandemics. The move also bans wildlife markets for such items, including online sales. Vietnam has previously been accused of turning a blind eye to the sale of products such as pangolin ...
Thailand’s rice exports slump to decade low
The Thai Rice Exporters Association cut its projection for 2020 rice exports from 7.5 million tonnes to 6.5 million tonnes, the lowest in a decade. Thailand shipped 3.14 million tonnes of rice in the first six months of this year, down 32.7% from the same period ...
Vietnam’s Prime Minister issues new wildlife directive, shows strong leadership in protecting species and global health
Vietnam’s Prime Minister Nguyen Xuan Phuc today issued a new directive with urgent and powerful measures to restrict wildlife trade and consumption, and reduce further pandemic risk. With immediate effect, the directive (29/CT-TTg) bans imports of live wild animals and wildlife products, strictly eliminates any wildlife ...
WildAid
Push for total Thai ban on wildlife trade
Activists campaigning against wildlife crime say Thailand could be a global leader in stopping pandemics by further cracking down on and ceasing to be a gateway for the illegal wildlife trade. They believe this would help stop animal-to-human disease transmission. They said scientific information has shown that ...
APINYA WIPATAYOTIN
EU-Vietnam FTA: India’s labour-intensive export sectors to feel the heat, China may gain
Pandemic-hit Indian exporters, especially in labour-intensive sectors, are expecting their fortune to plummet further, as key competitor Vietnam has clinched a free trade agreement (FTA) with the EU. The pact will raise competition between the Asian rivals for the lucrative EU market in a range of ...
Banikinkar Pattanayak
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
Vietnam-EU Trade: EVFTA Ratified by Vietnam’s National Assembly
Highlights: Vietnam’s National Assembly on June 8 ratified the EVFTA and the EVIPA agreements between Vietnam and the EU. Analysts hope the trade deal will give a much-needed boost to Vietnam’s economy as it looks to recover from the COVID-19 pandemic. The agreement is expected to take effect sometime ...
Dezan Shira & Associates
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
Vietnam’s Illicit Bear Bile Trade
The current COVID-19 virus health crisis is said to have been passed on by animals to humans. Suspected wildlife pinned for the spread of the pandemic include bats and pangolins – both considered delicacies in China where the virus first emerged. According to a recent study, ...
The ASEAN Post Team
