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In a bid to alleviate the repercussions of escalating global fuel costs resulting from the Middle East conflict, Cambodia has chosen to diminish import duties on electric vehicles (EVs), electric stoves, and solar-powered appliances. Curtailing Import Duties…
Cambodia has been increasing its fuel imports from Singapore and Malaysia in a bid to compensate for supply shortages caused by ongoing conflict in the Middle East, which continues to hamper global fuel supply chains. The Minister of Mines and Energy for…
A new decree taking effect on July 8 has introduced changes to the minimum production volume requirements for automotive companies looking to enjoy preferential import tariffs on components. This policy aims to bolster the capabilities of domestic vehicle…
Vietnam is making waves in the European Union, with its fruit and vegetable exports booming in recent months. Leading the charge is the mango, which has become a standout success, raking in $27.6 million—an impressive 54% increase. Not far behind is…
Asics, the Japanese sportswear giant, has announced plans to increase its manufacturing operations in India from 30% to 40% over the coming years. This move is aimed at maintaining a stable supply chain, following changes in the country’s regulations that…
The Ministry of Industry and Trade plans to increase electricity imports from China and Laos by 1.6 to five times from between now and 2030. Vietnam’s electricity demand is set to rise by 12-14% annually as the government targets an ambitious double-digit…
Thailand has resumed exporting durians to China following a temporary ban due to the latter’s stricter requirement regarding Basic Yellow 2, a carcinogen. Itthi Sirilathayakorn, deputy minister of Thailand’s Ministry of Agriculture and Cooperatives, said…
Chinese green kiwi is being sold at VND20,000 (US$0.79) per kilogram onwards by wholesalers in Vietnam, a third of the prices of imports from Australia and New Zealand. Australian and New Zealand wholesale prices start at VND60,000 and go up to VND120,000.…
Vietnam imported US$697 million worth fruits and vegetables from China in the first nine months of 2024, up 24% year-on-year. Imported Chinese farm products used to be sold only in traditional markets, but now they can also be found at most major retail…
Rice imports to the Philippines amounted to 2.8 million metric tonnes (MT) during the first 8 months of this year, 19% higher than he same period last year, data from the country’s Department of Agriculture (DA) showed. In its latest report, the department’s…
Passion fruits have become the fifth kind of Vietnamese fruits to be officially exported to Australia, following mango, longan, lychee, and dragon fruit. On Monday, the Plant Protection Department under the Ministry of Agriculture and Rural Development in…
Vietnam exported 964,000 tonnes of coffee in the first 7 months of 2024, worth nearly US$3.54 billion, down 13.8% in volume but up 30.9% in value compared to the same period last year. The Agency of Foreign Trade under the Ministry of Industry and Trade and…
Rice was the Vietnamese product with the highest export value to Philippines in the first six months of 2024, with a turnover of $1.2 billion, up 41% over the same period last year. According to data from the Vietnam Trade Office in the Philippines,…
Some 304,850 tons of meat and meat products were imported in the first five months of 2024, up 29% year-on-year, at an average price of VND46,000 (US$1.8) per kilogram. According to data from the Agency of Foreign Trade, they shot up in May to 76,120 tons…
The Philippines, one of the world’s largest rice buyers, has announced a reduction in rice import taxes from 35% to 15%, effective from early this August through 2028. This can be seen as the latest action by the Philippine government to tackle inflation,…
Indonesia plans to increase rice imports by 1.6 million tons this year, giving Vietnamese exporters a big opportunity, the Vietnam Trade Office in that country said. The import licenses for the additional quota would be issued soon by its Ministry of Trade…
