Thailand’s exports plunge in June
Thailand’s exports declined by almost 23.2 percent in June compared to the same period last year, the strongest fall since July 2009, but the country’s Commerce Ministry still expects improvement in the second half of 2020.
Rice for sale at a supermarket in Bangkok capital of Thailand (Photo: VNA)Hanoi (VNA) – Thailand’s exports declined by almost 23.2 percent in June compared to the same period last year, the strongest fall since July 2009, but the country’s Commerce Ministry still expects improvement in the second half of 2020.
Pimchanok Vonkorporn, director-general of the ministry’s Trade Policy and Strategy Office, said that in June, export value was at 16.4 billion USD while imports went down by some 18.1 percent to 14.8 billion USD.
In the first half of this year, overseas shipments dropped by about 7.1 percent to 114.3 billion USD, and imports down 12.6 percent to 103.6 billion USD.
Thai media cited the official as saying that exports would be bottoming out, and they were slowly improving in many markets and would show an overall contraction of 8-9 percent throughout this year./.
You should also see
Semiconductor workforce development a breakthrough: PM
Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.
See more
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
World
Danger warning issued for Thailand’s Bangkok as extreme heat bites
Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
ASEAN
UK supports ASEAN’s economic integration
The UK delegation to ASEAN held a seminar in Jakarta, Indonesia on April 24 to discuss the ASEAN-UK economic integration programme.
