Vietnam malaysia trade

With steady and strong growth, phones and phone parts have surpassed traditional export commodities such as textiles and footwear to become the country’s largest export commodity. Over the past several years, they accounted for approximately 20% of the country’s total exports. … [Read more...] about Vietnam’s phone exports fall 0.4% in 2020

The author wrote that Vietnam, the world's second largest rice exporter, this month made a surprising move by starting to import the grain from India. It is importing the cheaper Indian rice to meet domestic demand while saving its own output, which is currently selling at a multi-year high, for the export market. The Vietnamese rice prices recently have been outperforming those of Thailand, which traditionally attracted a high premium. One reason is that Vietnam has concluded a free trade agreement with the EU, opening the door to the lucrative European market. The recently signed Regional Comprehensive Economic Partnership (RCEP) will also open more markets for higher-priced rice. Vietnam is in a good position to take advantage of these opportunities, having worked hard to improve the quality and variety of its rice, it said. Thailand once held the crown as the world's biggest rice exporter but has now slipped to the third place after India and Vietnam. It needs to learn from how … [Read more...] about Thai paper impressed by Vietnam’s rice strategy

Hanoi (VNA) – Retail petrol prices rose by more than 300 VND per litre from 3 pm on January 26, the fifth increase in a row, following the latest review by the Ministry of Industry and Trade and the Ministry of Finance. Accordingly, the price of bio-fuel E5 RON92 increased by 361 VND to a maximum of 16,309 VND (0.71 USD) per litre, and RON95-III by 340 VND to no more than 17,270 VND per litre. The prices of diesel 0.05S and kerosene were pushed up by 395 VND and 350 VND to cap at 13,042 VND and 11,908 VND per litre, respectively. Meanwhile, the price of Mazut 180CST 3.5S inched up 350 VND to 12,622 VND per kilogramme. The two ministries said that the prices of petrol and oil on the global market increased from 5.34 to 6.45 percent in the past 15 days. They review fuel prices every 15 days to keep the domestic prices up to date with the global market. With a view to supporting economic recovery in the nation, the ministries decided to increase expenditure for the petrol price … [Read more...] about Vietnam raises petrol prices by over 300 VND per litre

On the other hand, according to the provisions of the 2015 Criminal Code, the criminal liability for the subjects committing acts of infringement of intellectual property rights after January 1, 2018 also applies to commercial legal entities. Expanding criminal prosecution with commercial legal entities can be seen as a significant effort by Vietnam to properly punish criminals of infringement of intellectual property rights. … [Read more...] about Ramifications of prosecution for counterfeit actions

First launched in 1960, Miss International is a Japanese-based international beauty pageant organised by the International Culture Association. The pageant is one of the Big Four international beauty competitions, including Miss World, Miss Universe, and Miss Earth. VOV … [Read more...] about Phuong Anh expected to make Top 10 of Miss International 2021