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March 3, 2021
Bright signs from textile and apparel export 22:13 | 03/03/2021 Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August. Apparel exports have been showing signs of a rebound since the end of the third quarter last year Recent figures by the Vietnam General Department of Customs show that as of February 15, Vietnam raked in $3.77 billion from textile and apparel exports, up $270 m...
February 26, 2021
Indian companies pin high hopes on Vietnamese market 14:08 | 26/02/2021 Indian companies are increasingly looking at the lucrative Vietnamese market In mid-December, major Indian IT provider HCL Technologies announced its official foray into Vietnam, where it aims to boost employment, provide resources and skilling local talent to serve its global clients. HCL began operations in Vietnam in July with the goal of hiring more than 3,000 local university gr...
February 21, 2021
Maldives, India sign Addu City Development project agreement An agreement has been signed between the governments of India and Maldives for land reclamation, coastal protection, road development and flood control projects in southernmost Addu City. The agreement for the Addu City Development Project was signed during India’s External Affairs Minister Dr. S Jayashankar’s official visit to the Maldives. The project will be funded under a USD 800 million Line of Credit extended to the Mald...
February 18, 2021
US removes anti-dumping tax on Minh Phu shrimp 07:00 | 18/02/2021 Minh Phu was honest in its report and put in a great deal of effort during the EAPA investigation, assessed the CBP Le Van Quang, general director of Minh Phu Corporation (MPC) said that the decision has been made in the morning of February 11. Accordingly, Minh Phu is allowed to continue exporting frozen shrimp to the US without being subjected to any type of anti-dumping tax. Besides, the compan...
February 16, 2021
Mobile devices and components produced in Vietnam last year were exported to 50 markets and reached the export value of more than $51.18 billion.
February 15, 2021
Indias exports up 6.16% in January; trade deficit narrows to $14.54 billion The countrys exports grew by 6.16 per cent to $27.45 billion in January 2021 as compared to $25.85 billion in the same period last year, driven by growth in pharmaceuticals, iron ore and engineering sectors BusinessToday.In | February 15, 2021 | Updated 20:14 IST Indias trade deficit narrows to $14.54 billion in January 2021 Indias exports rose for the second straight month in January, while the trade deficit narrowed ...
February 13, 2021
(MENAFN)The Reserve Bank of Zimbabwe (RBZ) has taken a total of USD1.4 billion from African Export-Import Bank (Afreximbank) between December 2017 and December 2019 with the government acting as sponsor, Finance and Economic Development Minister Mthuli Ncube has revealed. In general notices released through the Government Gazette on Saturday, February 13th, Ncube stated that the first loan accord of USD600 million in which the Government of Zimbabwe was backer was inked on December 27, 2017 "fo...
February 8, 2021
With the practical assessment of the report on the RCEP impacts on Vietnam, the agreement could prove more beneficial for the country.
January 15, 2021
Exports grew marginally at 0.14% while imports expanded 7.56% for the first time in 10 months leaving behind a trade deficit of $15.44 billion
January 11, 2021
The DoC has just published the preliminary findings of its anti-dumping investigation on automobile tyre imports Responding to VIR today (January 11), the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade said that the findings are quite positive because businesses that were found not to be dumping their products accounted for about 95.5 per cent of the value of local automobile tyre exports. The remainder has been levied a 22.3 per cent tax rate. The...