Better disbursement of public capital, sound steel prices and opportunities to boost steel export to Europe are among the expectations of steel enterprises so as to have a rossy business result in 2023.
As cashew exports in the first half of 2022 fell by 9.2% against the same period last year, the Vietnam Cashew Association (VCA) has to adjust down its annual export target to 3.2 billion USD.
Thailand’s shrimp exports are projected to fall 14 percent this year to only 150,000 tonnes, with values down 21 percent to some 44 billion THB (about 1.46 billion USD), mostly due to the pandemic and strong currency.
Due to global weak demand and ongoing trade tensions, State investment in big-ticket infrastructure projects and the government's Eastern Economic Corridor (EEC) flagship appears to be one of the few lifelines that Thailand can bank on to maintain economic growth momentum in 2020.