The Hanoitimes – Foreign companies are abusing preferential treatments from free trade agreements (FTAs) between Vietnam and its partners for illegal transshipment. Amid a growing number of Chinese goods forging Vietnamese origin to evade US punitive taxes when being exported to the US, Vietnam could face sanctions from the later without drastic measures to address the […]
Read MoreVietnam is expected to be the only Southeast Asian economy to achieve growth this year, with its GDP rising by a likely 2.3 per cent. The Global Economic Outlook report said recovery prospects look brightest for Viet Nam, which had contained the Covid-19 outbreak very effectively until recently. The pandemic has delivered the biggest growth […]
Read MoreThe Hanoitimes – The record US$13.5 billion trade surplus in the eight-month period far exceeded the unprecedented figure of US$11.12 billion last year. In the first eight months of 2020, Vietnam’s trade surplus reached an all-time high of US$13.5 billion, representing a 150% increase compared to the same period of last year (US$5.47 billion), according to […]
Read MoreThe Hanoitimes – Hotels for sale is reaching a record number in a decade in Vietnam. The number of hotels for sale is reaching a record high in a decade in Vietnam as the Covid-19 pandemic has thrown the local tourism industry in abyss, according to real estate brokers. Every day, dozens of hotels in Ho […]
Read MoreThe Hanoitimes – While Vietnam’s economic outlook in the near term is dim, the country is showing stronger resilience than most comparable economies, stated the ADB. The Asian Development Bank (ADB) has revised down Vietnam’s economic growth forecast to 1.8% in 2020 from the previous estimate of 4.1% in June, but the growth is expected to […]
Read MoreAfter a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations. The Department of Post-Customs Clearance Inspection from the General Department of Customs revealed that it […]
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Thailand
