Philippines benefits from global trade tensions World

Philippines benefits from global trade tensions

The Philippines has gained from the trade war between the US and China, according to a review of export data of the country in the first seven months of 2019 by Maybank Kim Eng analysts.
Tra fish export continues downward trend Business

Tra fish export continues downward trend

The export value of tra fish in July continued to drop for the fifth consecutive month, down 12.7 percent year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Sales of locally-assembled cars down, imported cars sharply up Business

Sales of locally-assembled cars down, imported cars sharply up

The sale of domestically-assembled cars during January-July fell 14 percent year on year to some 107,000 units, while that of completely-built units (CBU) shot up 207 percent to over 73,900, the Vietnam Automobile Manufacturers’ Association (VAMA) said on August 12.
79,300 new businesses set up in seven months Business

79,300 new businesses set up in seven months

The country had 79,300 newly-established businesses with a combined registered capital of 999.4 trillion VND (42.97 billion USD) in January – July, representing year-on-year increases of 4.6 percent and 29.6 percent, respectively.