Asean export decline smaller than feared
Jetro study shows shipments from six largest Asean economies fell just 2.2% last year
published : 13 Feb 2021 at 16:05 Container ships are berthed at Lam Chabang port in Chon Buri. (Post File Photo)
TOKYO: Exports from the six largest Southeast Asian economies fell by 2.2% in 2020 from a year earlier to a combined $1.35 trillion, a relatively small decline given the impact of the coronavirus pandemic, according to data from the Japan External Trade Organization (Jetro).
Of the six, only Vietnam posted an increase in exports for the year, up 7% to $282.66 billion, with a 5.2% drop to Japan more than offset by a 25.7% rise to the United States and an 18.0% expansion to China, Jetro said, citing data from customs authorities.
In 2020, Vietnam’s residential real estate prices continued rising, despite the major hit to the economy from COVID-19, and the country’s industrial real estate sector boomed, prompted by US-China trade tensions.
In poll-bound Assam, MEA goes for Japanese push
Wed, Feb 10 2021 04:58:44 PM
By Aarti Tikoo Singh
New Delhi, Feb 10 (IANS): At a time when Modi 2.0 has ticked all checkboxes in providing vaccine aid to India s neighbours, the Centre has ratcheted up a mega plan for a strategic partnership with Japan in poll-bound Assam.
Ahead of the state Assembly elections, External Affairs Minister S. Jaishankar will be taking a Japanese delegation headed by their Ambassador to India, Kenji Hiramatsu, to the northeastern state on February 14, a move seen as fillip to NDA s Look East policy.
Official sources in MEA confirmed to IANS that Jaishankar and a Japanese delegation will physically review some of the Japanese-aided projects that are under construction in Assam. The Sarbananda Sonowal government in Assam has already acquired 2,000 bighas of land in Nagarbera for an upcoming Japanese Industrial Township.
Almost 47 per cent of Japanese enterprises plan to expand their business in Việt Nam in the next one to two years, a survey by the Japan External Trade Organisation on business conditions of Japanese companies in Asia and Oceania has found.
Illustrative image (Photo: VNA)
Da Nang (VNA) - The central city of Da
Nang has set a goal of developing supporting industries in tandem with
high-tech industry to create products with high added value for export.
Under action programme No 01-Ctr/TU issued by the
municipal Party Committee on December 10, 2020, the industry-construction
sector is to grow by 11-11.5 percent annually between 2020 and 2025.
The municipal Department of Industry and Trade has reported
that several large-scale projects in
supporting industries have gradually
joined the global supply chain.
Since 2016, Da Nang has attracted 24 new supporting
industry projects worth over 9 trillion VND, two of which are foreign-invested,