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After a lacklustre GDP print of 3.7% in 1H23, green shoots have quietly emerged. Alas, challenges are not fading, but high frequency indicators point to some positive stabilisation, according to HSBC.
MoreThe disputes centred around US tariffs on steel and aluminum products and India's imposition of additional tariffs on select items originating from the United States.
MoreThe ban on rice exports by India and some other countries is a golden opportunity for Vietnamese rice, as the demand and export prices have advanced day by day. Meanwhile, the domestic rice source can fully meet both domestic consumption and export demand.
MoreExports estimated at some $9 billion for 2023, representing a decline of 15-16 per cent against 2022.
MoreHistory shows that a significant and sharp fall in US net savings is usually associated with a fall in the dollar.
MoreVietnam has established itself as a bright spot in the global economy, an achievement that received substantial contributions from the agriculture sector.
MoreDraft to institutionalize Party guiding principles and State policies on completing special consumption tax policies.
MoreLocal media have reported that some businesses are at risk of losing shipments of peppercorn, cinnamon, star anise, and cashew nuts to UAE due to trade fraud allegations.
MoreIndicators are yet to fully recover but momentum is clearly moving, according to the latest HSBC report.
MoreThe UAE imports around 250,000 tons of seafood/year, worth 750-800 million USD. The top 4 suppliers are India, Thailand, Norway, and Vietnam, with India holding a dominant market share of 20%-24%, primarily in frozen shrimp. Vietnam's share is 6%-9%, mainly in frozen pangasius fillets.
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