Economy and commerce
Trade
Vietnam’s Prime Minister issues new wildlife directive, shows strong leadership in protecting species and global health
Vietnam’s Prime Minister Nguyen Xuan Phuc today issued a new directive with urgent and powerful measures to restrict wildlife trade and consumption, and reduce further pandemic risk. With immediate effect, the directive (29/CT-TTg) bans imports of live wild animals and wildlife products, strictly eliminates any wildlife ...
WildAid
Push for total Thai ban on wildlife trade
Activists campaigning against wildlife crime say Thailand could be a global leader in stopping pandemics by further cracking down on and ceasing to be a gateway for the illegal wildlife trade. They believe this would help stop animal-to-human disease transmission. They said scientific information has shown that ...
APINYA WIPATAYOTIN
EU-Vietnam FTA: India’s labour-intensive export sectors to feel the heat, China may gain
Pandemic-hit Indian exporters, especially in labour-intensive sectors, are expecting their fortune to plummet further, as key competitor Vietnam has clinched a free trade agreement (FTA) with the EU. The pact will raise competition between the Asian rivals for the lucrative EU market in a range of ...
Banikinkar Pattanayak
Ratified EU trade pact to boost Vietnam GDP
The EU-Vietnam free trade agreement will increase Vietnam’s annual GDP growth by 0.1 percentage points and boost exports of various sectors, HSBC says. Vietnam’s National Assembly Monday ratified the EU-Vietnam Free Trade Agreement (EVFTA) which will cut or eliminate 99 percent of tariffs on goods traded between the two ...
Dat Nguyen
Vietnam-EU Trade: EVFTA Ratified by Vietnam’s National Assembly
Highlights: Vietnam’s National Assembly on June 8 ratified the EVFTA and the EVIPA agreements between Vietnam and the EU. Analysts hope the trade deal will give a much-needed boost to Vietnam’s economy as it looks to recover from the COVID-19 pandemic. The agreement is expected to take effect sometime ...
Dezan Shira & Associates
Collapse in Myanmar Seafood Exports Puts 1 Million Jobs At Risk
About 1 million people may lose their jobs in Myanmar’s fisheries industry, with almost all exports ceasing since February as the spread of Covid-19 prompted major buyers, led by China and the U.S., to halt orders. Processing plants wouldn’t have been able to deliver anyway, as ...
Khine Lin Kyaw
Vietnam’s Illicit Bear Bile Trade
The current COVID-19 virus health crisis is said to have been passed on by animals to humans. Suspected wildlife pinned for the spread of the pandemic include bats and pangolins – both considered delicacies in China where the virus first emerged. According to a recent study, ...
The ASEAN Post Team
EU trade perks in the balance
On February 12, the European Union Commission pulled the plug on Cambodia’s Generalised Scheme of Preferences (GSP), citing “serious and systematic violations of human-rights principles,” partially withdrawing the country’s preferential access to the EU. The decision resulted in uncertainty for Myanmar’s industries, especially the garment and shoemaking ...
JOHN LIU
Cambodia, China closer to FTA signing deal
Cambodia and China say they are now planning to sign a free-trade deal some time later this year. The move came after the duo wrapped up their first-round negotiations, which were held last month in Beijing, China. The Ministry of Economy and Finance late last week ...
Chhut Bunthoeun
Expo held to boost Lancang-Mekong sub-regional trade and investment
The 2019 Lancang-Mekong Cooperation (LMC) Exposition opened Thursday in Kunming, capital of southwest China’s Yunnan Province, aiming at boosting sub-regional trade and investment. More than 2,000 merchants from home and abroad are expected to attend the five-day event, which has set up 1,800 booths in five ...
