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Vietnam and ASEAN member states are jointly deploying measures to boost the region’s economy, with a focus laid on completing the upgrade of a regional agreement to expand trade and investment.

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Prime Minister Hun Manet said that Cambodia’s economic and business landscapes gave prominence to partnerships and Asean is a beacon of stability and power.

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Fruit and vegetable exports to China in the first two months of this year fell by nearly half compared to the same period last year, as the country tightened inspections of chemical residues in durian, jackfruit, and dragon fruit

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Though simpler and less costly, exporting goods via unofficial channels poses risks for businesses, such as violating import laws or facing high dispute rates. In contrast, formal exports are more complex and high cost but bring about greater benefits for businesses, including state support and easier market access. For a large and demanding market like the European Union (EU), the later practice is a sustainable path for businesses.

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Vietnamese businesses need to thoroughly study the Food Safety and Security Act 2025 (FSSA), which was passed by the Singapore Parliament on January 8, to ensure compliance with relevant regulations in their import and export activities to the Singaporean market.

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Therefore, the ministry will focus on implementing effective solutions to bring into full play competitive advantages and seize opportunities by promoting and supporting businesses and industry associations in effectively exploiting traditional markets that still hold significant potential

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Due to the effects of global supply and demand developments, Vietnam's rice exports in the first two months showed a declining trend as export prices continuously fell. Meanwhile, Mekong Delta localities are currently in the peak harvest season for the winter-spring crop, leading to a significant decrease in the rice purchasing prices compared to the same period in 2024.

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China has just introduced a series of solutions to strive to achieve ambitious economic growth targets in the context of the Donald Trump administration escalating trade tensions.

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US President Donald Trump's plan to impose 25% tariffs on semiconductors may push chipmakers to establish US facilities to avoid levies, potentially reducing Southeast Asia's key role in the supply chain, but it won't halt the industry's global expansion, experts say.

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Efforts are focused on ensuring compliance with international safety standards through stricter oversight, chemical residue testing, and pest inspections.

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