A trade delegation from Vietnam – scheduled to arrive in the Mahoning Valley Oct. 1 – has the potential of developing stronger business ties that could boost exports and diversify the local economy’s global supply chain, specialists say.

The country played a proactive role in shaping regional economic cooperation at the 56th ASEAN Economic Ministers’ Meeting (AEM) held in Vientiane, Laos from September 16-17.

The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, according to the latest statistics from the General Department of Customs.

The past eight months of the year witnessed two-way trade between Vietnam and the United States reach US$87.7 billion, with strong growth recorded in both exports and imports.

Việt Nam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9 per cent over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.

Prime Minister Pham Minh Chinh received Indonesian President-elect Prabowo Subianto in Hanoi on September 14, during which he proposed Indonesia soon sign a rice trade cooperation agreement with Vietnam.

As Western governments pile on tariffs, Beijing on its end, is likely to tread carefully to avoid triggering a global trade war, analysts say, because it realises what’s at stake for its economy – and in the process, could adapt its trade strategy by finding a silver lining in Southeast Asia for imports of its goods as the West steps up barriers.

The recent amendment of the plan on green banking development in Vietnam is expected to create conditions for credit institutions to effectively promote green credit.

Indonesia and Peru agreed to accelerate the completion of the Indonesia-Peru Comprehensive Economic Partnership Agreement (IP-CEPA) negotiations.

It' after 74 years the blast furnace at Chile's biggest steelmaker will be turned off on Monday, snuffed out by competition from China with the loss of thousands of jobs.