Trading economics australia

In 2017 ASEAN economic ministers set the twin goals of reducing trade transaction costs by 10 per cent by 2020 and doubling intra-ASEAN trade between 2017 and 2025. ACTS has been developed to realise this goal to allow businesses to lodge e-transit declarations directly with ASEAN customs authorities and track the movement of their goods from loading to delivery. … [Read more...] about EU helps set up online customs transit system to boost ASEAN trade

"The twin oil-coronavirus crisis has had a large negative impact on most sectors in the non-oil economy with significant credit risk implications," noted Schuyler D'Souza, Managing Director Middle East, Atradius. "The IMF in its latest report on the region estimates that the default risk for corporates has doubled and Atradius can confirm that payment performance has deteriorated across the weaker sectors due to falling demand, cash flow constraints and insufficient support from banks."   … [Read more...] about Atradius: COVID-19 crisis lends fresh urgency to MENA economic diversification efforts

The disruptions caused by the pandemic could persuade multinationals to hasten their shift from China to Vietnam, Jacques Morisset, the bank’s lead economist and program leader for Vietnam, said at the Vietnam Reform and Development Forum Tuesday. … [Read more...] about Pandemic improves Vietnam’s chance to enter global supply chain: WB

Vietnam is the first country in the Asia-Pacific region and fifth globally to reach such a milestone agreement with the FCPF. ERPAs are innovative instruments that incentivise sustainable land management at scale and help to connect countries with other sources of climate financing. The resources from the FCPF provide new opportunities to conserve and regenerate forest landscapes and biodiversity while simultaneously supporting sustainable economic growth, which is critical for Vietnam’s development going forward. … [Read more...] about VIETNAM NEWS DECEMBER 1

Over the last three years, the country has continued making practical and outstanding contributions to this building process, he noted, adding that as deputy head of the APEC Vision Group, it worked to promote consensus during the compilation of the group’s report. It also joined other ASEAN members to propose ideas that suited the common interest to promote the role of the Asia-Pacific, centered on people and securing inclusive and sustainable development. … [Read more...] about Vietnam to continue with efforts to realize APEC Vision 2040: Official