ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020 Business

ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020

Vietnam’s economy is forecast to expand 1.8 percent in 2020 amid the coronavirus and bounce back in next year, while economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next year, according to a recent report released by the Asian Development Bank (ADB).
ASEAN - China trade turnover surges in first eight months World

ASEAN - China trade turnover surges in first eight months

The Association of Southeast Asian Nations (ASEAN) has maintained its position as China’s leading trade partner with two-way trade hitting 416.6 billion USD in the January-August period, according to the General Administration of Customs of China.
Vietnam recovery prospects brightest in Southeast Asia: ICAEW World

Vietnam recovery prospects brightest in Southeast Asia: ICAEW

The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW.
Virtual exhibitions a new direction for wood industry during COVID-19 Videos

Virtual exhibitions a new direction for wood industry during COVID-19

COVID-19 has limited all exhibitions and international trade shows and made export activities that much harder. The idea of using virtual exhibitions on 2D and 3D platforms, however, has already proven to be a lifesaver for many businesses, especially those in the wood industry.
Indonesia export-import revenue plummets in July World

Indonesia export-import revenue plummets in July

A Reuters poll announced on August 14 showed that Indonesia’s exports and imports may have plummeted in July, following an improvement a month prior, with global trade still reeling under the fallout from the coronavirus crisis.
ASEAN's 53rd founding anniversary marked in Venezuela ASEAN

ASEAN's 53rd founding anniversary marked in Venezuela

The Embassies of ASEAN member states in Venezuela held a ceremony in Caracas on August 7 to celebrate the 53rd founding anniversary of the regional grouping, with Venezuelan Vice Minister of Foreign Affairs for Asia, the Middle East and Oceania Ruben Molina in attendance.
Singapore sees Vietnam valuable friend during COVID-19 Politics

Singapore sees Vietnam valuable friend during COVID-19

To mark Singapore’s 55th National Day (August 9, 2020), Singaporean Ambassador to Vietnam Catherine Wong Siow Ping writes about Singapore’s growing Strategic Partnership with Vietnam, and how both countries have worked together to overcome challenges.
AMRO economist impressed with Vietnam’s achievements since joining ASEAN ASEAN

AMRO economist impressed with Vietnam’s achievements since joining ASEAN

In a recent interview granted to Vietnam News Agency correspondent in Singapore, Dr. Hoe Ee Khor, Chief Economist at the ASEAN+3 Macroeconomic Research Office (AMRO), expressed his impressions on Vietnam’s economic achievements and contributions to the Association of Southeast Asian Nations (ASEAN) since the country joined the bloc 25 years ago.
Pepper export volume down 5.7 percent in first half Business

Pepper export volume down 5.7 percent in first half

Vietnam exported over 166,800 tonnes of peppercorn worth 356 million USD in the first half of 2020, down 5.7 percent in volume and 21.1 percent in value compared to the same period last year, according to the General Department of Customs.
Vietnam expects Japan to continue leading role in multilateral trading system World

Vietnam expects Japan to continue leading role in multilateral trading system

Vietnam expects that Japan will continue to play a leading role in strengthening the multilateral trading system, facilitating trade and investment, and contributing to regional and global development and prosperity, said Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the UN, WTO and other international organisations in Geneva.