Small states like Singapore can do little to influence the big powers, but they are not entirely without agency, said Prime Minister Lee Hsien Loong on Friday (May 31).

South Korea officially announced the start of free trade agreement (FTA) negotiations with the Philippines on Monday as part of efforts to strengthen economic ties with the Southeast Asian country.

South Korea and the Philippines are working on a free trade agreement (FTA). The two countries established their diplomatic relations 70 years ago.

The dairy industry's revenues grew at 12.7 per cent a year on average in 2010-18, and the momentum is expected to continue thanks to an increase in milk consumption in the country, according to the Việt Nam Dairy Association.

Vietnam has grown so much after the World War and has proven to be resilient through multiple threats to its economy. Analysts noted that the country's multiple networks of free trade agreements (FTAs) will help in pushing the economy towards overtaking Singapore in 10 years or so.

President Trump said Thursday that he would impose a 5 percent tariff on all imported goods from Mexico beginning June 10, a tax that would “gradually increase” until the flow of undocumented immigrants across the border stopped.

As many as 85 per cent of industrial enterprises in Việt Nam still lag behind the fourth Industrial Revolution (Industry 4.0), and only 13 per cent are at the beginner level, one official has warned.

Việt Nam’s tra fish (pangasius) exports to China have been skyrocketing since 2015, making it the biggest market for Việt Nam's tra fish by 2017.

U.S. Trade Representative Robert Lighthizer sent a letter to congressional leaders on Thursday, kicking off the process of approving updates to the North American Free Trade Agreement.

China accused the Trump administration of committing "economic terrorism" on Thursday.