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Parliament members say the ongoing US-China trade war has had visible impacts, and Vietnam needs to reduce dependence on both nations. At the ongoing National Assembly session, several National Assembly deputies Saturday stressed the need for Vietnam to make…
Vietnam’s coffee exports grew 21.5 percent and rice exports 3.4 percent year-on-year in the first ten months, government data showed on Monday. Coffee Coffee exports from Vietnam will rise an estimated 21.5 percent between January and October from a year ago…
Vietnamese companies are struggling to sell their products to ASEAN member countries despite the abolition of tariffs within the bloc. Analysts blame this on their lack of market information and poor understanding of consumer needs among other factors. With…
The European Commission submitted for approval on Wednesday a free trade agreement with Vietnam. The E.U.-Vietnam trade and investment agreements will need approval from the E.U.’s 28 members and from the European Parliament. The parties have agreed a related…
Indonesia’s trade deficit narrowed in August, but the gap was larger than expected as exports growth slowed, government data showed on Monday, adding to pressure on the rupiah and local stocks. Southeast Asia’s largest economy reported a trade deficit of…
Strong growth in telephone and textile exports helped Vietnam post a $2.2 billion trade surplus in August, according to customs data. The August surplus even surpassed Vietnam’s $2.1-billion surplus for all of last year, and was a positive signal for economic…
Indonesia will release a list of goods subject to higher import taxes in the next few weeks, ministers said on Friday (24/08), part of efforts to shrink a widening current account deficit and curb pressure on its shaky currency. The rupiah on Friday slipped…
Vietnam’s trade surplus in the first seven months was $3.1 billion as exports rose 15.3 percent year-on-year to $133.7 billion. Domestic companies accounted for $39 billion of the exports, up 18.7 percent, while foreign firms registered $94.7 billion, up 14…
Regional economies in Indonesia will be affected if the United States suspends its special tariffs for some of the country’s exports, a minister said on Tuesday (10/07). The US is currently reviewing Indonesian products on its Generalized System of…
Indonesia plans to review the import of capital goods for big government projects to help manage its current-account deficit, Finance Minister Sri Mulyani Indrawati said on Tuesday (03/07). The move forms part of a series of coordinated policy measures to…
China’s seaborne coal imports are on track to have surged by around 14 percent in the first half of the year, with Indonesia emerging as the big winner among exporters. Imports are likely to be around 126.6 million metric tons in the first six months of this…
Stocks in both Europe and the Americas are bouncing on Wednesday after President Donald Trump made a move that looks likely to deescalate the trade war developing between his adminstration and the rest of the world. Earlier, Trump announced the details of a…
Indonesia’s trade deficit narrowed to $1.52 billion in May, but was worse than expected, due to higher oil prices, the country’s statistics agency said on Monday. That compared to a revised $1.63 billion deficit posted in April, which was the largest in four…
Exports grew 14% to RM84.2 billion in April 2018 from a year ago, driven by electrical and electronic (E&E) products, refined petroleum, crude petroleum, timber and timber-based products, palm oil and palm oil-based products, while liquefied natural gas (LNG)…
The Canadian International Trade Tribunal (CITT) said on Monday it has initiated a preliminary dumping inquiry into steel imported from China, South Korea and Vietnam. The tribunal will investigate whether the alleged dumping and subsidizing of “cold-reduced…
Indonesia has won an appeal against the European Union in a dispute over the bloc’s anti-dumping duty on biodiesel, the Ministry of Trade said in a statement on Wednesday (21/03). The European Court of Justice, the EU’s highest court, ruled that the bloc must…