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Vietnam: Adjusting trade promotion strategies

Trade promotion activities have helped Vietnam to not only reach export surpluses throughout most of the last decade but also extend its reach towards 12 times the amount of countries and territories in 2000. Vu Ba Phu, director general of the Trade Promotion Agency under the Ministry of Industry and Trade, discussed current bottlenecks that […]

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Fitch unit: Philippines budget gap at 9.3% of GDP

A Fitch Group unit has raised its forecast for the Philippines’ budget deficit this year as the coronavirus disease 2019 (Covid-19) pandemic continues to affect government revenues. In a report on Thursday, Fitch Solutions said it expected the government to post a fiscal shortfall of 9.3 percent of the country’s gross domestic product (GDP) in […]

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