Keyword: "trade war"

In the long-term, enterprises hope that the Government will manage exchange rates flexibly to benefit exports and prioritise reasonable loan quotas for agricultural exports as domestic raw material prices increase.

The following is a brief review of the day’s events as reported by the Vietnam News Agency.

Exporters were advised to make full use of FTAs, tap into niche markets, and seize new opportunities to overcome challenges in an increasingly unpredictable global trade landscape.

At least over the past month, optimism for Malaysia's medium- and long-term growth prospects has remained unchanged, the country’s Economy Minister Seri Rafizi Ramli has said.

Indonesian Minister of Trade Budi Santoso has affirmed his country's readiness to address potential impacts of a trade war between the US and China when Donald Trump assumes the presidency.

Vietnam is again in the spotlight after Apple’s move to shift production activities to this Southeast Asian country, according to TRT World page of Turkish Radio and Television Corporation.

With the Vietnamese economy still growing, firms' boards of directors should develop to take advantage of opportunities, a top businessman has said.

Japan’s Sumitomo Corporation will spend 19 billion JPY (177 million USD) to expand two industrial parks in Vietnam in order to serve businesses shifting production away from China to avoid the trade war.

Indonesia’s House of Representative passed the 2020 state budget on September 24, focusing on five prioritised fields, to avoid an economic downturn amid a risk of recession in developed economies and a global trade war.

Prime Minister Nguyen Xuan Phuc emphasised Vietnam’s aspiration to develop a strong economy in his speech at a plenary session of the Vietnam Reform and Development Forum (VRDF) 2019 in Hanoi on September 19.

Thailand’s Commerce Ministry has planned to establish a war room to respond to economic challenges in the country.

Domestic production has faced strong competition as the US and China are increasing exports to Vietnam on the back of their escalating trade war, head of the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam Le Trieu Dung said on August 9.

The USD/VND exchange rate has grown strongly at the heart of the global fight over economic dominance between the US and China, the world’s two largest economies.

Vietnamese importers and exporters should stay alert and take a proactive approach to risks posed by the unpredictable development of the US-China trade tension, experts said at a workshop in Ho Chi Minh City on March 22.

Interest rates for VND deposits would remain stable or even decline over the next few months, analysts from Saigon Securities Inc. (SSI) forecast.

A trade war waged by the US is likely to deliver a further blow to China’s economy in 2019, but the Association of Southeast Asian Nations (ASEAN) may benefit from the dispute between the world’s two biggest economies, according to Japan’s Kyodo News.

The US – China trade war would generate more opportunities than challenges for Vietnam’s real estate market, experts said at the Vietnam Real Estate Summit (VRES) in Hanoi on December 12.

The Monetary Authority of Singapore (MAS) on December 12 announced the results of its recent survey that Singapore’s economy will grow only 2.6 percent in 2019 due to the negative impacts of protectionism and a trade war between the US and China, the world’s first and second largest economies.

Malaysian Prime Minister Mahathir Mohamad believes that Malaysia stands to benefit from the trade war between the US and China, even though the conflict has triggered concerns over a global economic slowdown.

President Tran Dai Quang has asked newly-accredited ambassadors and heads of Vietnamese representative offices overseas to promote economic diplomacy to serve the country’s sustainable development.