Vietnam’s textile industry is facing many difficulties due to the prolonged China-US trade war, witnessing a fall in both export and production, say industry experts. Buyers are seeing fewer and smaller orders because of the conflict, said a ministry of investment and planning report. Export of raw materials to China plummeted as China cut back on imports.

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Till 30 September since 1988-89 fiscal year, the foreign investments by nine Asean countries in Myanmar, reached 38.155 billion US dollars, accounting for 46.6 per cent of the total FDI, according to the figures released by Directorate of Investment and Company Administration (DICA).

Malaysia is looking to enhance its collaboration with Asean neighbours to cushion the impact of the US-China trade war, says Prime Minister Tun Dr Mahathir Mohamad.

China and Mauritius signed a free trade agreement (FTA) here Thursday, the first FTA between China and an African country, according to the Ministry of Commerce (MOC).

Companies from Singapore and China will have greater access to each other’s markets, especially in services trade, e-commerce and environmental protection areas, after the upgraded China-Singapore Free Trade Agreement took effect on Oct 16.

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China’s ultimate condition for ending the trade war with the United States is that Washington should lift all tariffs levied on Chinese products since July last year, although Beijing is still open to a partial trade deal under the current conditions, China’s Ministry of Commerce said on Thursday.

The World Trade Organisation (WTO) formally authorised the United States yesterday to impose tariffs on up to US$7.5 billion (S$10.3 billion) of imports of European Union goods after an arbitrator's decision over subsidies to planemaker Airbus.

More than 40 US exporters and trade associations are visiting Việt Nam from Tuesday to Friday to seek agricultural export opportunities in “one of the fastest-growing regions in the world”, a US official said.