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Vietnam earned 662 million USD from rubber exports in the first five months of the year, a year-on-year increase of 2.4 percent, according to the Ministry of Agriculture and Rural Development.

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The United States has been tightening the screws on several allies in an escalating global trade battle. India is its latest target.

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The Ministry of Agriculture and Rural Development (MARD) is calling for ideas to create a draft decree that establishes a system of regulations ensuring Vietnam’s legal timber and wood products qualify for import and export.

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Small states like Singapore can do little to influence the big powers, but they are not entirely without agency, said Prime Minister Lee Hsien Loong on Friday (May 31).

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South Korea officially announced the start of free trade agreement (FTA) negotiations with the Philippines on Monday as part of efforts to strengthen economic ties with the Southeast Asian country.

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South Korea and the Philippines are working on a free trade agreement (FTA). The two countries established their diplomatic relations 70 years ago.

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The dairy industry's revenues grew at 12.7 per cent a year on average in 2010-18, and the momentum is expected to continue thanks to an increase in milk consumption in the country, according to the Việt Nam Dairy Association.

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Vietnam has grown so much after the World War and has proven to be resilient through multiple threats to its economy. Analysts noted that the country's multiple networks of free trade agreements (FTAs) will help in pushing the economy towards overtaking Singapore in 10 years or so.

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President Trump said Thursday that he would impose a 5 percent tariff on all imported goods from Mexico beginning June 10, a tax that would “gradually increase” until the flow of undocumented immigrants across the border stopped.

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As many as 85 per cent of industrial enterprises in Việt Nam still lag behind the fourth Industrial Revolution (Industry 4.0), and only 13 per cent are at the beginner level, one official has warned.

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