Romelda Ascutia
East Asia drives trade, mfg recovery—UNCTAD
Global trade recovered in the fourth quarter of 2020, reducing overall decline in 2020 to about 9% on strong trade in goods,...
Vietnam’s agri exports fall due to container shortage
Coffee and rice exports in January decreased by more than 40% in volume, and by 43% and 38% in value, respectively, compared...
ASEAN-6 to see 5.3% growth in 2021, with Vietnam leading recovery
Vietnam is a clear winner, with its GDP already back above pre-Covid-19 levels, according to an Oxford Economics forecastGrowth in the short...
Japanese firms plan expansion in Vietnam this year—report
Vietnam currently tops the list of potential investment destinations among Japanese firms choosing to diversify their supply chainsJapanese electronic and automotive spare...
Asia survives global FDI plunge with 4% contraction in 2020
FDI in developing Asia fell 4% in 2020, the mildest FDI contraction among all regionsFDI in East Asia grew 12%, with China...
Japan’s exports plunge 11% in 2020, largest drop in 11 years...
Exports in 2020 stood at US$662 billion, the lowest level since 2012 The fall of 11.1% last year is the steepest decline...
Vietnam’s 2020 e-commerce revenue hits $11.8B
Vietnam’s e-commerce revenue grew 18% last year, hitting US$11.8 billionElectronics, fashion, toys, and furniture among fastest growing sub-sectors This year the industry ministry...
East Asia seen to grow 7.4% in 2021 with early vaccine...
Regional growth to be led by a strong rebound in China and to hinge on early rollout of effective vaccinesBut economic activity...
World Bank forecasts global economy to expand 4% in 2021 with...
Collapse in global economic activity in 2020 was slightly less severe than previously projected, mainly due to shallower contractions in advanced economies...
Laos bans Thai seafood imports over virus fears
Lao PDR has placed a temporary hold on Thai seafood imports, pending evidence the products are not contaminatedThe temporary suspension encompasses fresh...
