Keyword: "global trade"

For Vietnam, a highly open economy, new developments in US tariff policy may directly affect export prospects and the predictability of the business environment, as well as policy planning by relevant state agencies.

Thailand will centre on building confidence in the economy, enhancing competitiveness for local businesses, and expanding cooperation with international partners.

Deputy Minister of Industry and Trade Phan Thi Thang noted that global economic growth in 2025 remained modest compared to pre-COVID-19 levels as trade tensions, rising protectionism, geopolitical conflicts disrupting supply chains, and impacts of climate change continued to heap pressure on global trade and investment flows.

With US President Donald Trump’s tariff policies prompting businesses to rethink sourcing and shipping strategies, ports in Vietnam and Malaysia have seen an uptick in activity.

Vietnam’s electronics industry has set a new export record this year despite rising tariffs and trade barriers in major markets.

Under the new national strategy, logistics is recognised as a key economic sector with high added value and a critical service driving economic growth. The strategy leverages Vietnam’s geographic advantages, maritime potential, and trends in digital and green transformation to build a modern, connected logistics ecosystem.

Titled “Future of Trade: Resilience”, the report draws on insights from 1,200 C-suite executives and senior leaders at global corporates, who shared their views on global trade prospects and corporate strategies for the next three to five years.

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva, has recently held a working session with representatives of the St. Gallen Endowment to boost cooperation between Vietnam and the Swiss fund, as part of his attendance at a seminar in Geneva on risk levels and countries’ trade responses to rising tariffs.

A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.

APEC should align sustainability standards, such as carbon measurement, environmental, social, and governance (ESG) reporting, and green certifications, across economies.

On the occasion, she expressed her thanks for Vietnam’s commitment to hosting the 16th UNCTAD Ministerial Conference in this year, and described the country as a model of transformation through trade and an inspiration to the world.

Vietnam's signing of the World Trade Organisation (WTO) accession protocol in Geneva on November 7, 2006, and its subsequent entry as the organisation's 150th member on January 11, 2007, marked a pivotal turning point in the nation's development. Over the past 18 years, this membership has strengthened Vietnam’s position in global value chains while demonstrating its strong commitment to international economic integration.

Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.

Agro-forestry-fishery exports reeled in about 38.48 billion USD in the first nine months, of which 22.1% came from China - Vietnam’s biggest market of the products.

RAM Rating Services Bhd (RAM Ratings) forecast that the Malaysian economy possibly faces formidable challenges in the remaining months of this year amidst soft global demand and other headwinds.

Joining the world logistics passport (WLP) initiative could help enterprises reduce logistics costs and increase competitiveness for exports.

Prime Minister Pham Minh Chinh will attend and deliver a speech at the 2021 Global Trade in Services Summit via video in the evening of September 2, at aninvitation from Chinese Party General Secretary and President Xi Jinping.

Fostering connectivity between logistics providers and between them and companies in other sectors will create more opportunities for mutual support, thus creating large enterprises to lead the market, according to Deputy Minister of Industry and Trade Tran Quoc Khanh.

Vietnam attained impressive achievements across economy, investment as well as international trade during 2016-2020 period thanks to drastic direction of the Prime Minister as well as joint efforts of competent ministries and sectors, Head of the Party Central Committee’s Economic Commission Tran Tuan Anh has said.

Five Mekong sub-region nations and the Republic of Korea (RoK), on September 29, called for joint efforts to restore and promote global trade plagued by the coronavirus pandemic and to secure fair and equitable access to COVID-19 vaccines.