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News

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries.

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Indonesia has become Egypt’s main source of coffee, authorities said on Tuesday, as annual exports reached nearly $93 million, or about 43 percent of the market.

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Tra Vinh FARM Co. Ltd. (Sokfarm) in the Mekong Delta province of Tra Vinh has officially exported its first batch of four kinds of organic coconut nectar products to the Australian market.

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The Thai government is considering imposing a seven percent value-added tax on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones to protect local businesses being impacted by the flood of cheap imports. Currently, goods not exceeding the 1,500 baht value are exempted from duties and VAT.

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U.S. Trade Representative Ambassador Katherine Tai assured lawmakers her office is in talks with Brazil concerning frustrations surrounding the country's tariff on U.S.-imported ethanol.

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They discussed Việt Nam's remarkable achievements, its consistent policies, and strategic breakthroughs in institutions, infrastructure, and human resource development.

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Enterprises' production and export orders have gradually returned, leading to many recovery prospects. Therefore, the issue of raw materials for production continues to be a major concern to meet rules of origin requirements.

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US Trade Representative Katherine Tai said on Tuesday that India’s decision to remove retaliatory tariffs on several US products has improved access to chickpeas, lentils, almonds, walnuts, and apples and is benefiting farmers across the country.

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‘The most important thing for the whole of ASEAN is to maintain peace and stability in the South China Sea because not only is it our immediate backyard, but it is also one of the world’s busiest waterways’

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The ratification is expected to boost foreign direct investment and economic growth in the Philippines. President Marcos Jr. expressed confidence in the adaptability of AANZFTA to address the changing business landscape and promote economic collaboration within the region.

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