Backed by a 5 million Swiss Francs (5.6 million USD) grant from the State Secretariat for Economic Affairs (SECO), the initiative will run until 2029, helping over 500,000 SMEs access up to 35 billion USD in financing.
In October 2024, Indonesia banned the iPhone 16 after Apple failed to meet requirements that smartphones sold domestically should comprise 40% locally-made parts.
While China remains a significant supplier, recent trade data highlights Vietnam’s efforts to diversify supply to meet industry demands.
There is an urgent need for ASEAN member states to work towards an agreement not to circumvent the global minimum tax (GMT) as countries begin to adopt the tax, according to Malaysian Deputy Investment, Trade and Industry Minister Liew Chin Tong.
The Mercantile Exchange of Vietnam (MXV) and Singapore-based CWT International Limited, a leading provider of logistics and related engineering services, on December 5 signed a Memorandum of Understanding (MoU) for strategic cooperation in commodity logistics.
The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.
With a population exceeding 650 million, ASEAN is a dynamic economy in the midst of a robust digital transformation, representing a highly promising “playing field”.
It is a great time for Vietnam to build on specialty coffee segment to enhance its global recognition and increase its value in the coffee supply chain.
Prime Minister Pham Minh Chinh has signed a decision issuing the strategy for developing Vietnam’s semiconductor industry by 2030, with a vision to 2050.
A high-level forum on ASEAN Supply Chain Connectivity: "Key Issues and Challenges" was held in Vientiane, Laos, on September 16, with participants discussing the critical need to enhance integration amid evolving global challenges.
Deputy Permanent Representative of Vietnam to the World Trade Organisation (WTO) Minister-Counsellor Le Dinh Ba held a working session on September 9 with a delegation from the Semiconductor Industry Association (SIA) of the US led by its director of global policy for trade and supply chain matter.
The Vietnam-EU Free Trade Agreement (EVFTA), which took effect on August 1, 2020, has marked significant progress in bilateral trade, increasing Vietnam's exports to Europe from 35 billion EUR (nearly 39 billion USD) in 2019 to over 48 billion EUR in 2023.
The Department of Business Development (DBD) in Thailand is stepping up efforts to enforce laws governing foreign businesses, ensuring fair competition for Thai entrepreneurs.
Vietnam's supporting industries (SI) are becoming increasingly attracting to foreign direct investment (FDI). However, stronger policies are necessary to enable domestic enterprises to make significant breakthroughs in this sector.
The Vietnam International Logistics Exhibition (VILOG), the second of its kind, kicked off on August 1 in Ho Chi Minh City.
Vietnamese electronics businesses participate in the supply chain but with unstable order positions which are low and small in the chain, with too few opportunities.
The Vietnam International Sourcing Expo 2024 opened in Ho Chi Minh City on June 6.
