Vietnam 

Vietnamese firms urged to export through Amazon – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Vietnamese coffee products sold on Amazon.com.  Vietnamese firms are urged to export through the US website to access over 300 million customers in 185 countries and territories. — VNS Photo HCM CITY — Vietnamese businesses, especially small- and medium-sized ones, should export their products through the Amazon e-commerce sales platform, a seminar heard in HCM City yesterday. Speaking on global export trends through the Amazon platform, Trần Xuân Thủy, managing director of Amazon Global Selling Việt Nam, said by putting their products on the platform, businesses would have the chance…

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Vietnam 

Cashew export volume up more than 21 per cent in June – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Processing cashew nut for export at the Việt Hưng Production and Trading Co Ltd in Bình Định Province. Việt Nam’s cashew export volume up more than 21 per cent in June. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam exported 39,200 tonnes of cashew nuts in June, earning US$275.6 million, according to the General Department of Customs, up 21.4 per cent in volume but down 6 per cent in value year on year. In the first six months of this year, cashew nut exports reached 195,700 tonnes,…

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Global 

Singapore’s economic downturn continues as US-China trade war wreaks havoc on Asia export hubs

Singapore’s exports plunged to a six-year low in June, the latest in a series of brutal indicators showing China’s slowdown and the trade war with the United States are wreaking havoc on the economies of Asia’s trade hubs.The city state’s economy is considered a bellwether for the region as it is a transshipment hub, meaning that the goods that pass through its ports are generally bound for other final destinations. So if trade in Singapore is weak, it usually points to slowing demand elsewhere… Source link

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Global 

South Korea braces for more export curbs as Moon Jae-in warns of ‘greater damage’ to Japan’s economy

South Korea is braced for Japan to further escalate the countries’ trade dispute by removing Seoul from Tokyo’s “white list” of trusted trade partners and subsequently imposing new customs clearance restrictions on 40 categories of products, which could amount to 1,100 specific items.Officials from the two countries made no progress in talks last Friday, leading Japan’s Ministry of Economy, Trade and Industry to suggest it could remove South Korea from the list of 27 preferred trading partners,… Source link

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Global 

South Korea seeks US intervention to heal deepening rift with Japan over hi-tech export restrictions

South Korea has intensified diplomatic efforts to involve the US in its bitter dispute with Japan, holding high-level meetings in Washington and warning of the negative impact on global trade if the stand-off is not resolved.Foreign minister Kang Kyung-wha spoke to US Secretary of State Mike Pompeo by phone and conveyed South Korea’s concerns over Japan’s “undesirable” export restrictions affecting hi-tech materials, the foreign ministry said.“Minister Kang said Japan’s trade restrictions could… Source link

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Vietnam 

Việt Nam’s forestry sector targets US$11 billion in export – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A production line of wood products at Đức Thành Wood Processing Joint Stock Company in HCM City.  The forestry sector is expected to reach US$11 billion in export value this year. — VNA/VNS Photo   HÀ NỘI – Việt Nam’s export of timber and wood products is expected to reach US$11 billion this year, said Minister of Agriculture and Rural Development Nguyễn Xuân Cường. Cường said export value reached $5.23 billion in the first half of this year, up 20 per cent compared with the same period in…

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Home 

Here’s how American chip makers pressed Trump’s administration to ease US export controls for Huawei Technologies

President Donald Trump’s decision to allow US companies to continue selling to Huawei followed an extensive lobbying campaign by the US semiconductor industry that argued the ban could hurt America’s economic and national security.In multiple high-level meetings and a letter to the Commerce Department, the companies argued for targeted action against Huawei Technologies instead of the blanket ban the Trump administration imposed in May. That includes identifying specific technologies that the… Source link

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Vietnam 

Clean production gets fruity in export – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

      HÀ NỘI — Vietnamese firms can expand exports and reap “sweet fruits” in picky markets by investing in clean production technology, a leading businessman has said.   General director of Aeon Topvalu Vietnam Limited Company Yuichiro Shiotani recently called on local firms to do more to meet strict standards in some export markets. In the coming year, the value of Vietnamese goods sold into modern retail system Aeon Group (Japan) will likely reach US$0.5 billion and is expected to reach $1 billion in the next five years,…

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Vietnam 

Tra fish industry faces challenges in production and export – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A corner of tra fish processing line at the Multinational Investment and Development Joint Stock Company of Sao Mai Group. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The domestic tra fish industry has faced challenges regarding the purchasing price on the domestic market as well exports due to high tariffs on the product in the US market, according to the Ministry of Agriculture and Rural Development (MARD). In May, the purchasing price of tra fish continued to decline in the Cửu Long (Mekong) Delta region, especially An…

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Hong Kong stocks climb most in six months on upbeat China export data; Macau casino operators hit a daily hot streak

Hong Kong and mainland stocks rose on Monday, with the city’s benchmark posting its biggest gain in six months, after official data showed China exports topped estimates.The Hang Seng Index rallied 2.3 per cent to 27,578.64 for its biggest gain since December 3. China’s Shanghai Composite Index added 0.9 per cent to 2,852.13, closing higher for the first time in seven days. Both markets were shut on Friday for a public holiday.Investors got a respite from a report released by the customs office… Source link

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