News

Vietnam aims for ASEAN Top 3 with its digital economy

21 tháng 10. 2024

With a high digital economic growth rate of about 20% per year, and the fastest rise in e-commerce in the ASEAN region, Vietnam is moving close to the position of top three biggest countries in the ASEAN region in terms of its digital economy.

Việt Nam will continue working with Cambodia, Laos to promote extensive cooperation

18 tháng 10. 2024

"Việt Nam has been, is, and will continue consulting with Laos and Cambodia to promote deep, substantial, and effective cooperation among the three countries in line with the new development requirements, for the benefit of the people of the three nations, for the ASEAN Community, and for peace, cooperation and development in the region," said Ministry of Foreign Affairs spokeswoman Phạm Thu Hằng.

Vietnamese sugar cane tops ASEAN in productivity for first time

18 tháng 10. 2024

The Vietnamese sugar industry has led the region in sugar productivity for the first time, according to the Vietnam Sugarcane and Sugar Association (VSSA).

Chinese food and beverage chains, low-cost, expand across ASEAN, fearing that local businesses will not be able to compete

18 tháng 10. 2024

Low-cost “Chinese” food and beverage chains are expanding their business across ASEAN, setting up thousands of branches, causing serious concerns that they will affect local industries.

Hungary, Philippines Strengthen Bilateral Ties During 67th Anniversary Commemoration

18 tháng 10. 2024

Hungary, Philippines Strengthen Bilateral Ties During 67th Anniversary Commemoration

Less is more for Indonesia’s tariffs on China

18 tháng 10. 2024

Indonesia's plan to impose tariffs on a range of Chinese products in response to alleged industrial overcapacity could harm the country's economy, decreasing the competitiveness of its exports, increasing production costs and consumer prices and risking retaliation from China. A better approach for economic security could lie in utilising multilateral trade agreements and institutions, maintaining economic openness and learning from Australia's handling of China's sanctions.

Malaysia Needs Diverse Trading Partners To Explore New Solar Market

18 tháng 10. 2024

Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).

Singapore turns into net importer of jet fuel despite overall distillate decline

18 tháng 10. 2024

A rise in total jet fuel imports come as volumes from both China and India increase