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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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Vietnam should promote the development of the creative economy in order to benefit from the numerous opportunities brought by it, the Central Institute for Economic Management (CIEM) suggested.

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Vietnam is transforming into a new global manufacturing hub, offering a diverse range of products that are competitively priced and continuously improving in quality, assessed foreign distributors and importers, who will participate in the Vietnam International Sourcing expo this June.

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Vietnam International Sourcing 2024, a series of events meant to help Vietnamese firms deeper penetrate into global production and supply chains, will be held in HCM City from June 6 to 8, according to the Ministry of Industry and Trade.

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