News

Relocating to Vietnam to Mitigate the Effect of the US – China Trade War

In the last few years, driven by rising labor costs, the need for diversification, and the government’s focus shifting from labor-intensive sectors to high-tech industries, Chinese as well as foreign firms operating in China have slowly shifted their manufacturing activities to Southeast Asia, especially Vietnam.

  • Vietnamese firms look to establish foothold in Mexican market

    Mexico City (VNA) – Fifteen Vietnamese companies operating in furniture, fine art, agricultural processing, coffee, rubber, and building materials visited Mexico from September 4-6 to seek opportunities in penetrating the market.

  • Việt Nam, Russia sign various co-operation agreements

    SOCHI — General Secretary of the Communist Party of Việt Nam (CPV)’s Central Committee Nguyễn Phú Trọng and Russian President Vladimir Putin witnessed the signing of many cooperation agreements on Thursday, within the framework of the former’s ongoing visit to Russia.

  • Mexico wants steel dispute ended before new NAFTA signed

    MEXICO CITY: Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on a reworked trade agreement with its northern neighbor, Mexican Economy Minister Ildefonso Guajardo said on Thursday.

  • China warns of retaliation if U.S. slaps new tariffs

    BEIJING (Reuters) - China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce ministry warned on Thursday, as the world’s two biggest economies remain locked in an intensifying trade war.

  • Pakistan to revisit free trade deals

    ISLAMABAD: The government would revisit existing and proposed trade agreements with different countries in order to ensure an enabling environment for the promotion of Pakistan’s trade with international market, said Adviser to the Prime Minister on Commerce, Textile, Industries and Investment Abdul Razak Dawood.

  • Trump says not ready to make trade deal with China

    WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that the United States was not yet ready to come to an agreement over trade disputes with China but he said talks would continue.

  • UK, U.S. urge EU not to lock out foreign banks

    LONDON (Reuters) - Britain’s top markets regulator, backed by the United States, urged the European Union to soften its stance and grant broad access to UK banks after Brexit to avoid hitting investors and harming markets.

  • U.S.-Canada trade talks grind on, but 'final' issues unresolved

    WASHINGTON (Reuters) - U.S. and Canadian negotiators pushed ahead in grinding talks to rescue the North American Free Trade Agreement on Thursday, but a few stubborn issues stood in the way of a deal, including dairy quotas, protection for Canadian media companies, and how to resolve future trade disputes.