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News

Vietnam and North Macedonia have enjoyed sound relations over the past 30 years with fruitful results seen in all cooperation areas, said Vietnamese Ambassador to the Southeast European country Do Hoang Long.

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The evolving trade and investment landscape between Singapore and China reflects both enduring cooperation and emerging challenges as intensified industrial competition reshapes key sectors.

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Together with the national flag carrier Vietnam Airlines, companies from Vietnam are taking part in the Hong Kong International Travel Expo (ITE-2024) in Hong Kong (China) from June 13-16.

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Vietnam exported 11,176 tonnes of cinnamon, worth for 31.1 million USD in May, up 75% in volume and 63% in value month-on-month.

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For each container of exported cashew kernels, enterprises lose hundreds of millions of dong when they have to import raw materials at high prices, while export prices are not adjusted to increase accordingly.

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Chile has officially submitted an application to join the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement (FTA), and it looks forward to becoming the first Latin American country to join the pact, the China Central Television (CCTV) reported on Sunday.

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The dollar depreciation is also a good sign for Việt Nam's import activities, with global raw material prices expected to decrease and inflationary fears for imports receding.

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It is forecasted that coffee prices on June 17, 6 in the domestic market will cool down and decrease sharply after 2024 consecutive weeks of increase. The decline in coffee this week is the expected result of the previous strong increase. Despite unfavorable technical indicators, coffee has still increased strongly in recent times.

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The upstream oil and gas sector has witnessed a resurgence of investment activity over the past few years.

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Malaysia is better positioned to negotiate a free trade agreement (FTA) with the European Union (EU) this time around as geopolitics and supply chain realignment gives it some edge, say industry observers.

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