Enterprises boost production, recover post-COVID-19 Business

Enterprises boost production, recover post-COVID-19

Following the first five months of 2020, Vietnam enjoyed a trade surplus of 1.88 billion USD. Of that figure, foreign direct investment firms accounted for 10.52 billion USD while domestic firms accounted for 8.64 billion USD.
US cuts anti-dumping taxes on Vietnamese catfish products Business

US cuts anti-dumping taxes on Vietnamese catfish products

The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Vietnam following its official conclusion of its 15th period of review (POR15) from August 1, 2017 to July 31, 2018, according to the Trade Remedies Authorities of Vietnam under the Ministry of Trade and Industry (MoIT).
Singapore to suffer economic recession in 2020 due to COVID-19 World

Singapore to suffer economic recession in 2020 due to COVID-19

The Singaporean Ministry of Trade and Industry (MTI) on March 26 admitted that the country’s economy is looking headed for its first full-year recession in about two decades as the COVID-19 pandemic is causing negative impact on the global scale.
Singapore lowers GDP growth due to COVID-19 World

Singapore lowers GDP growth due to COVID-19

The Ministry of Trade and Industry of Singapore downgraded its economic growth forecast to between 0.5-1.5 percent from the rate of between 0.5-2.5 percent estimated in November 2019.
Singaporean economy forecast to expand 0.7 pct in 2019: MAS World

Singaporean economy forecast to expand 0.7 pct in 2019: MAS

The Singapore economy is expected to grow 0.7 percent this year, up from 0.6 percent in the previous survey in September, according to the latest quarterly poll of professional forecasters by the Monetary Authority of Singapore (MAS) released December 11.
Singapore’s economic growth slowest in decade World

Singapore’s economic growth slowest in decade

Singapore's economy expanded by its slowest rate in a decade in the second quarter of this year, raising fear of a recession and monetary policy easing in October, according to a Reuters article.