Indonesia’s palm oil exports account for 54% of the world’s
Indonesia is the world’s biggest palm oil supplier as its exports account for 54% of the global palm oil exports.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
75% of Malaysian exports to EU affected by Carbon Border Adjustment Mechanism
The EU’s Carbon Border Adjustment Mechanism (CBAM) will impact 75% of Malaysia’s exports to the bloc, according to the Securities Commission Malaysia (SC).
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign-invested firms post Jan-Feb trade surplus of $8.25 bln
Foreign-invested enterprises (FIEs) in Vietnam posted a trade surplus of $8.25 billion in the first two months of the year, according to government data.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Job market reflects cautious sentiment among businesses in 2024
Employers in Vietnam remain cautious about hiring new staff in 2024, with about one-third of companies surveyed saying they will maintain their current employee numbers, write Adecco analysts in their newly-released Vietnam salary guide 2024.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam likely to emerge strongly from mounting challenges in 2024: HSBC
Despite headwinds, Vietnam ended 2023 relatively optimistic that 2024 is likely to be the year that Vietnam emerges strongly from mounting challenges, HSBC said in a recent note.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam urged to extend economic support program into 2024
The Vietnamese government should consider extending the economic support program approved for the 2022-2023 period into 2024 to allow its planned investments to be fully implemented, supporting aggregate demand, the World Bank Vietnam has said in a monthly note.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam upbeat about 2024 growth prospects: Deputy Minister
All three growth engines of Vietnam’s economy - investment, exports and consumption - hold brighter prospects in 2024 after a year of struggling due to weaker external demand, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam on track to recover from global trade downturn: HSBC
Vietnam’s exports continued to gain momentum, growing almost 6% year-on-year in October, suggesting that the country in on track to recover from the global trade downturn, HSBC said in its monthly report released Wednesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Samsung to remain top foreign investor in Vietnam over next 3 decades: CFO
Samsung Group will continue to invest in Vietnam to retain its largest foreign investor status in the country over the next two to three decades, said chief financial officer of the Korean chaebol Park Hark Kyu.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam steelmakers report losses in Q3
A number of steel producing companies in Vietnam reported losses in the July-September quarter, a situation already anticipated by securities companies.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s best scenario GDP growth not more than 6% this year: minister
Despite ongoing efforts to accelerate public investment disbursement and other measures, Vietnam’s economic growth is unlikely to exceed 6% this year, according to the Ministry of Planning and Investment.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam faces coffee scarcity despite price hikes
Although coffee prices have increased continuously in recent days, Vietnam lacks supply to serve domestic consumption and exports, according to the Vietnam Coffee-Cocoa Association (Vicofa).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam sees three-digit growth in pepper exports to key markets
Vietnam, the world’s largest pepper exporter, enjoyed a three-digit growth rate month-on-month in August pepper shipments to some markets like India, the United Arab Emirates (UAE), Egypt and Pakistan.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam fishery, forestry and agricultural sector records $6.7 bln trade surplus in 8 months
Vietnam’s agricultural sector earned over $33 billion in Jan-Aug exports to post a trade surplus of $6.7 billion, up 6.4% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Don't expect too much from China’s reopening: expert
China’s reopening will have an impact on Vietnam's imports and exports, but not much, according to Can Van Luc, chief economist of major Vietnamese bank BIDV.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s September manufacturing index slightly down, new orders up: S&P Global
Vietnam’s manufacturing sector continued to expand in September despite a slower pace, with new orders rising, according to S&P Global.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Textile firms see mixed performance in Q2
In contrast to a sector-wide pickup in the first quarter of 2022, Vietnamese textile and apparel companies saw mixed performance in the second quarter.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Exchange rate volatility impacts importers, exporters
Recent fluctuations in the U.S. dollar and Japanese yen had both positive and negative impacts on Vietnamese traders, the Ministry of Industry and Trade (MoIT) reported.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam aims to become top ten global agri processor
Vietnam aims to develop a modern and sustainable farm produce processing system, making the country one of the world’s top ten agricultural processing hubs by 2030.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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