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Vietnam: Smarter logistics will benefit Vietnam: experts

Smarter logistics are key for Vietnam to advance in the global value chain amid the fourth industrial revolution and the COVID-19 pandemic, experts told the Vietnam Business Summit 2020 held in Hanoi recently. The summit was held by the Vietnam Chamber of Commerce and Industry (VCCI) with the theme of ‘Digitalised Vietnam: Toward Resilient, Responsive and […]

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RCEP to help Indonesia climb out of recession

JAKARTA: The Regional Comprehensive Economic Partnership (RCEP) is expected to play a large role in promoting economic and trade relations between Indonesia and China, Indonesian experts said. “We’ve just fallen into recession and if RCEP is successful in improving economic relations, Indonesia will perhaps be able to climb out of recession through cooperation with China […]

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Thailand: Exports shrink in Oct but govt remains hopeful

Thai exports saw a wider contraction in October, with the rate dropping by 6.71% from the same month of last year after September’s reading registered a drop of only 3.9% year-on-year. The Commerce Ministry reported on Monday that the country’s customs-cleared exports fetched US$19.38 billion in October, with imports shrinking 14.32% to $17.33 billion, resulting […]

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MoU aims to improve logistics to strengthen Cambodia-China trade

The Logistics Business Association (LOBA) and European Cham-ber of Commerce and Industry (EACHAM) have signed a memorandum of understanding (MoU) towards improving trade investment and logistics between Cambodia and China. The agreement was signed “virtually” with both parties using Zoom to facilitate the signing event. Chandara Chea, president of LOBA, said: “Huge potential has been […]

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