ASEAN countries are becoming a rising hub destination for global manufacturers thanks to well-established trade networks, a growing middle class, a thirst for tech expansion, and a young and educated workforce. As a region, ASEAN has experienced years of consistent high growth. Its markets now draw more foreign direct investment and are wealthier than before […]
Read MoreThe EU-Vietnam Free Trade Agreement has created a new driving force for Vietnam’s logistics, but the industry needs to take further action to unlock its full potential. Tran Viet Huy, managing director of Tracimexco – Supply Chains and Agency Services JSC (TRA-SAS), told VIR that the EU-Vietnam Free Trade Agreement (EVFTA) will open up doors […]
Read MoreThe headline consumer price index (CPI) declined 0.50% in August from a year earlier, a smaller than expected drop, according to Commerce Ministry data released on Thursday. The reading compared with a forecast fall of 0.65% in a Reuters poll of leading ecnomists, and July’s 0.98% decline. The core CPI index rose 0.30% from a […]
Read MorePETALING JAYA: After a sharp V-shaped rebound after the movement control order (MCO), the Malaysian manufacturing sector appears to have moved towards stabilisation. The country’s manufacturing Purchasing Managers’ Index (PMI) has continued to moderate over the past two months but contracted slightly in August. However, economists feel the PMI number of 49.3 in August was […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) contracted by nearly 26 percent to $2.38 billion in the first five months from $3.19 billion in the same period last year despite the strong recovery in May, according to the Bangko Sentral ng Pilipinas. The BSP attributed the lower inflow to the grim […]
Read MoreThe Hanoitimes – The fact that Vietnam is already a top trade partner with the EU despite not having an FTA in place highlights the opportunities that the EVFTA will create for Vietnamese seafood producers. As the EU – Vietnam Free Trade Agreement (EVFTA) has come into effect, Vietnamese seafood exports are perfectly placed to take […]
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Thailand
