29.5 C
Ho Chi Minh City
Tuesday, June 25, 2024

spot_img

TAG

ASEAN

Unlocking opportunities in Asian markets

Do Hoa, a member of the advisory council for Harvard Business Review, spoke to The Saigon Times, emphasizing the need for Vietnam to pay more attention to the ASEAN market, alongside leveraging opportunities in the Chinese market. While acknowledging signs of recovery in the manufacturing sector, he noted that significant growth has yet to materialize. Not a very bright picture The Saigon Times: Signs of recovery of the manufacturing sector were noted in the first two months of the year. The Purchasing Managers’ Index (PMI) in February was 50.4 points, slightly higher than 50.3 in January. What is the main reason for this recovery and would this trend continue in the following months? Do Hoa: Merchandise imports and exports increased remarkably in January and decreased quite strongly in the following month. In specifics, Vietnam’s merchandise import-export turnover in February was estimated at US$48.54 billion, down 25.8% over the previous month. Exports in January and February were US$33.57 billion and US$24.82 billion, up 42% and 5% over the corresponding period last year, respectively. Imports in January and February were US$30.65 billion and US$23.72 billion, up 33.3% and 1.8% over the same period last year, respectively. According to many experts, the import-export […]
To read more, please click here.

Vietnam PM to attend ASEAN Summit in Indonesia

HCMC - Prime Minister Pham Minh Chinh will lead a high-ranking delegation of Vietnam to attend the 42nd ASEAN Summit in Labuan Bajo, Indonesia,...

HCMC looks to stronger Vietnam-Indonesia business ties

HCMC – HCMC has expressed expectations that cooperation between Vietnamese and Indonesian businesses, especially small and medium-sized enterprises (SMEs), will expand in the future. HCMC...

Vietnam’s tra fish exports to ASEAN surge

HCMC - Vietnam's tra fish (pangasius) exports to ASEAN have increased strongly and if the pace continues, shipments to the region might surpass the...

First multilateral electricity trade project in ASEAN gets nod

HCMC - The governments of Laos, Thailand, Malaysia and Singapore have approved a power trade project between Laos and Singapore, part of the power...

The dilemma of boosting localization in a small market

Resolution 115/2020/NQ-CP aims to fuel the growth of supporting industries, including those for cars. However, these policies are unlikely to change the supply chain...

RCEP signed, forming world’s largest free trade area

HCMC – Ministers from 15 countries in the Asia-Pacific region—10 ASEAN countries and five partner countries comprising Australia, China, Japan, South Korea and New...

PM speaks highly of AIPA’s contribution to ASEAN development

HCMC – Speaking at the 41st General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA 41) this morning, September 8, Vietnamese Prime Minister Nguyen Xuan...

Latest news

spot_img