A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
APEC should align sustainability standards, such as carbon measurement, environmental, social, and governance (ESG) reporting, and green certifications, across economies.
On the occasion, she expressed her thanks for Vietnam’s commitment to hosting the 16th UNCTAD Ministerial Conference in this year, and described the country as a model of transformation through trade and an inspiration to the world.
Vietnam's signing of the World Trade Organisation (WTO) accession protocol in Geneva on November 7, 2006, and its subsequent entry as the organisation's 150th member on January 11, 2007, marked a pivotal turning point in the nation's development. Over the past 18 years, this membership has strengthened Vietnam’s position in global value chains while demonstrating its strong commitment to international economic integration.
Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.
Agro-forestry-fishery exports reeled in about 38.48 billion USD in the first nine months, of which 22.1% came from China - Vietnam’s biggest market of the products.
RAM Rating Services Bhd (RAM Ratings) forecast that the Malaysian economy possibly faces formidable challenges in the remaining months of this year amidst soft global demand and other headwinds.
Prime Minister Pham Minh Chinh will attend and deliver a speech at the 2021 Global Trade in Services Summit via video in the evening of September 2, at aninvitation from Chinese Party General Secretary and President Xi Jinping.
Fostering connectivity between logistics providers and between them and companies in other sectors will create more opportunities for mutual support, thus creating large enterprises to lead the market, according to Deputy Minister of Industry and Trade Tran Quoc Khanh.
Vietnam attained impressive achievements across economy, investment as well as international trade during 2016-2020 period thanks to drastic direction of the Prime Minister as well as joint efforts of competent ministries and sectors, Head of the Party Central Committee’s Economic Commission Tran Tuan Anh has said.
Five Mekong sub-region nations and the Republic of Korea (RoK), on September 29, called for joint efforts to restore and promote global trade plagued by the coronavirus pandemic and to secure fair and equitable access to COVID-19 vaccines.
A Reuters poll announced on August 14 showed that Indonesia’s exports and imports may have plummeted in July, following an improvement a month prior, with global trade still reeling under the fallout from the coronavirus crisis.
Vietnam will strive to be among the world’s top 15 most developed countries in agriculture by 2030 with agricultural processing to rank in the world’s top 10.
Vietnam stands ready to cooperative with countries, including Canada, in recovering the global trade and supply chain, Deputy Prime Minister and Foreign Minister Pham Binh Minh told Canadian Foreign Minister Francois-Philippe Champagne during their phone talks on May 14.
Export revenues in the southern province of Kien Giang hit 153 million USD in the first quarter of this year, a year-on-year surge of 32 percent despite the complexities created by the COVID-19 pandemic, according to the province’s Department of Industry and Trade.
Vietnamese manufacturers need “integrated marketing solutions” comprising both online and offline platforms to gain access to buyers in both traditional and emerging markets, experts have said.
Vietnam has been named one of the rising stars of global trade with the sixth position among the top 20 markets with the greatest potential for future trade growth, according to a recent report by Standard Chartered.
The Philippines’s economy is poised to grow at 6.4 percent in 2019 and 6.5 percent in 2020-2021 amid lingering global and local uncertainties, according to a report released by the World Bank (WB) on April 1.