Agro-forestry-aquatic product exports were estimated at 20.26 billion USD in the first five months of 2023, down 11.1% year on year, according to the Ministry of Agriculture and Rural Development (MARD).
Dozens of commercial banks have simultaneously decided to reduce deposit interest rates from May 25, after the State Bank's decision to cut policy interest rates.
Falling selling prices and rising costs have caused the profits of most fertiliser businesses to plunge, after recording high profits in the previous few years.
Wood and fine arts enterprises hope to seek potential customers at the Vietnam ASEAN International Furniture & Home Accessories Fair (VIFA ASEAN 2023), scheduled to take place in HCM City from August 29 - September 1, in the context of a sharp decrease in the export of wood and wooden products in the last four months.
The price of black tiger shrimp in the first months of the year dropped sharply, causing farmers to suffer heavy losses due to the lack of export orders.
Retail stocks have dropped significantly due to the decline in business results in the context of the global economic recession and high interest rates.
Singapore’s retail sales in January fell for the first time in nearly a year amid a slump in motor vehicle sales and as consumers snapped up fewer big-ticket furniture and household equipment, according to the Singaporean Department of Statistics.
The retail prices of petrol have been revised down from 3pm on February 21 by the Ministry of Industry and Trade, and the Ministry of Finance, although previous forecasts predicted that they are likely to increase.
Singapore’s non-oil domestic exports plunged 25% year on year in January - the largest drop in the last decade, according to data of the Singaporean government.
Vietnam’s rice exports are predicted to reach just 6 million tonnes this year, lower than last year's figure due to limited supply and inventories, said businesses.
There were 10,800 newly-registered enterprises with total registered capital of 99.1 trillion VND (4.22 million USD) in January 2023, representing respective decreases of 16.6% and 48.5% over the same period last year.
Thailand’s Ministry of Commerce on December 27 announced that the country’s exports in November dropped for a second straight month and worse than expected due to a global slowdown and China’s lockdown measures.
Enterprises have managed to give Tet (Lunar New Year) bonuses equal to at least one-month salary to employees amid a sharp drop in orders for exports and suspension of production, the Ho Chi Minh City Labour Federation said.
The northern region will see a sharp temperature decline starting November 29 night as a serious cold wave is approaching, according to the National Centre for Hydro-meteorology.
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