India

Chairman of the Indonesia Food and Beverage Industry Association Adhi Lukman He said WTO has called for trade liberalism and investment, especially in food and farm produce, in an effort to ensure food security amidst COVID-19. … [Read more...] about RCEP believed to be signed this year

Hanoi (VNA) – Vietnam is among the “brightest” spots in Asia despite the challenge of trying to contain the coronavirus pandemic and its economy is poised to rebound, said Edward Teather, a senior ASEAN economist from the Union Bank of Swizerland (UBS). “Vietnam is suffering some pain from the impact of COVID-19, but the outlook is looking like one of the brightest in the region.” “Retail sales, imports and industrial production were all actually up on-year in the month of June, which is better than you can say for most economies in the region,” he told CNBC. Many economies contracted in the second quarter of 2020 compared to a year ago, but Vietnam’s gross domestic product (GDP) grew slightly at an estimated 0.36 percent. Lauding Vietnam’s success in containing COVID-19, Teather said Vietnam is growing and is well-positioned to continue to take global market share in terms of exports going forward, so … [Read more...] about Vietnam’s outlook is “one of the brightest” in Asia: UBS economist

This serves as motivation for Vietnamese businesses as they strive to access e-commerce platforms. Despite this positive landscape for local companies within the sector, e-commerce giants such as Lazada, Tiki, Sendo, and Shopee are racing to pump money into technology and warehousing as a means of allowing their own delivery teams to serve outside customers and compete directly with traditional logistics firms from both at home and abroad, such as Viettel Post, VNPost, FedEx, UPS, and DHL, in addition to super applications like Grab, Go-Viet, and Be. … [Read more...] about Logistics market must prepare itself for transformation process

Vietnam should speed up public investment disbursement to lure Japanese investments: official The Saigon Times Friday,  Jul 10, 2020,19:13 (GMT+7) Vietnam should speed up public investment disbursement to lure Japanese investments: official … [Read more...] about Vietnam should speed up public investment disbursement to lure Japanese investments: official

The 19th SGPFair features businesses from more than 10 countries and territories, including Singapore, Malaysia, Indonesia, the Republic of Korea, Cambodia, Vietnam, China and the Chinese territories of Hong Kong, Macau and Taiwan. Among the six Vietnamese businesses at the event, A&EM with paintings, Doma Vina with paper toys and Tu Duy with horn souvenirs and jewellery all took part in the fair last year. The newcomers are Sweety Lovey with kids’ clothes, BOARC with handicrafts made from bamboo toothpicks and YLP which helps Vietnamese businesses attend international exhibitions and trade promotion events. Notably, handicrafts made from bamboo toothpicks have attracted much interest from visitors as they recreate famous destinations around the world like the White House of the US, the Taj Mahal of India and the Gardens by the Bay of Singapore. The SGPFair is believed to be a good occasion for Vietnamese firms to introduce their products and seek partners to expand … [Read more...] about Vietnamese products on show at Singapore Gifts & Premiums Fair