Vietnam 

New decree issued to promote rice exports – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A worker at work at a rice export warehouse in the southern province of Đồng Tháp. — Photo Vietnamplus HÀ NỘI — More than 40 businesses have been added to the list of rice exporters under the Government’s newly revised decree on rice export, according to the Ministry of Industry and Trade’s Import and Export Department. The additional businesses are allowed to export rice thanks to the revised decree 107/2018/NĐ-CP, which came into effect recently, replacing decree 109/2010/NĐ-CP. The decree aims to solve problems and create the most open environment for rice…

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Vietnam 

Shrimp exports expected to pick up in 2nd half – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  At a shrimp processing plant in Hậu Giang. Việt Nam’s shrimp exports are expected to be strong in the rest months of the year. — VNA/VNS Photo Vũ Sinh HCM CITY — Việt Nam’s shrimp exports are expected to be strong during the rest of this year because countries tend to import more in the latter months of the year, with the free trade agreements Việt Nam has signed boosting its exports. According to the Việt Nam Association of Seafood Exporters and Producers, shrimp exports were worth US$1.4 billion in…

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China 

Singapore economy tipped for recession as US-China trade war slams imports, exports, manufacturing

Singapore’s economy has been tipped to enter recession in the third quarter of 2019 as the fallout from the US-China trade war continues to rock the Southeast Asian nation after second quarter growth was confirmed at minus 3.3 per cent.The gross domestic product (GDP) figure released on Tuesday was a huge decline on the 3.8 per cent growth in the first three months of 2019, and the worst reported quarterly growth for seven years.On a year-on-year basis, the economy grew at just 0.1 per cent,… Source link

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Vietnam 

Việt Nam seeks to boost agriculture and fishery exports – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at the VietFood, Beverage and Professional Packing Machines international exhibition that opened in HCM City on August 7. — VNS Photo Thu Hằng HCM CITY — Việt Nam will attract more foreign direct investment and boost its agricultural and fisheries exports through free trade agreements, experts have said. The recently signed Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) and the EU-Việt Nam Free Trade Agreement (EVFTA) would help the country increase its agricultural and fisheries output, Phạm Tuấn Long, deputy director of the division of agriculture,…

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Global 

China’s US trade slumps again, but exports rise due to higher demand from Asian neighbours

The first year of the US-China tariff war drove the world’s two largest economies further apart on trade, with new data suggesting that Beijing may be looking to its Asian neighbours to take up some of the slack as the mainland seeks to become less reliant on the United States.Exports from China to the US fell yet again in July – the month which marked the first anniversary of trade war tariffs – dropping 6.5 per cent.China is also buying fewer American goods with imports from the US falling 19……

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Home 

Chinese stocks buoyed by better-than-expected exports data, Ping An Bank earnings, record first rise in seven days

Chinese stocks rose for the first time in seven days, as better-than-expected exports data and strong results by Ping An Bank provided some relief to investors, suggesting the fallout from the US-China trade war might not be as bad as anticipated.The Shanghai Composite Index added 0.9 per cent to 2,794.55 on Thursday, ending a six-day, 6.2 per cent losing streak that sent the benchmark to a five-month low. However, the trading volume on the Shanghai exchange was 9.3 per cent below its 30-day… Source link

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Vietnam 

​​​​​​Cement, clinker exports on track to reach yearly target – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Cement bags are loaded onto ships for export. — Photo hoivlxdvn.org.vn HÀ NỘI — The nation’s cement and clinker exports are well on track to fulfill target set for the year with a positive turnover of nearly US$750 million seen in the first seven months, according to the General Department of Customs’ statistics. During the period, 17.3 million tonnes of cement and clinker were shipped overseas, the data shows. In the first half of this year, the country exported 15.6 million tonnes for $667 million, up 1.3 per cent in volume…

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Global 

China’s exports post surprise growth in July despite dramatic escalation in US trade war

China’s external trade reported surprising stability in July, with exports growing 3.3 per cent and imports shrinking at 5.6 per cent, which was slower than analysts expected.Exports, having dropped by 1.3 per cent in June, beat the median forecast of a Bloomberg poll of analysts who had suggested a 1.0 per cent decline. This is despite July being the second full month under which China’s exports to the United States faced a higher tariff of 25 per cent. July’s total exports were US$221.53… Source link

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Vietnam 

Việt Nam earns $1.73 billion from rice exports in first seven months of 2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Bags of rice loaded onto a ship for export at Cửa Lò Port in the central province of Nghệ An. — VNA/VNS Photo Danh Lam HÀ NỘI — Việt Nam exported 4.01 million tonnes of rice worth US$1.73 billion in the first seven months of 2019, up 2.1 per cent in volume but down 14.3 per cent in value from the same period last year, according to the Ministry of Agriculture and Rural Development. In July alone, the country shipped 651,000 tonnes of rice worth $285 million. Minister Nguyễn…

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Vietnam 

Sơn La exports 60 tonnes of locally-grown longan – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A booth at the Sông Mã Longan Festival. — Photo baotainguyenmoitruong.vn SƠN LA — The northern mountainous province of Sơn La exported 60 tonnes of its longan to China and other countries on Saturday.  The shipment was announced at the opening ceremony of the Sông Mã Longan Festival here the same day.  In his speech at the event, vice chairman of the provincial People’s Committee Nguyễn Quốc Khánh said that the festival was held to promote Sơn La longan which can meet standards and requirements of choosy markets such as Japan,…

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