Vietnam maintains position as South Korea’s third largest trading partner
Two-way trade between the two countries rose 9.2 per cent to $86.7 billion last year, positioning Vietnam behind China ($272.9 billion) and the US ($199.9 billion).
Trade
Taiwan’s TSMC to launch full-scale production in Japan, US, Germany as part of ‘silicon shield’ vs China
Taiwan has adopted a “silicon shield” strategy to reduce the risk of Chinese aggression by concentrating production on the island, but it will also increase ties with other…
Thailand and Pakistan to revive joint trade committee
The renewed JTC will focus on exploring ways to enhance economic cooperation between the two countries, including revisiting the Thailand-Pakistan Free Trade Agreement (FTA).
India’s wheat export quota to Nepal draws flak
The Indian government has allowed 200,000 tonnes of wheat export to Nepal under a quota system. But traders say it’s late as Nepal’s new harvest starts soon.
Nippon Steel, U.S. Steel file lawsuits against U.S. government
They are also seeking billions of dollars in damages in another lawsuit against defendants including the major U.S. steel firm Cleveland-Cliffs Inc. and David McCall, president of…
High prices, freight costs take a toll on Bangladesh’s vegetable exports
Vegetables fetched $70.36 million in the July-December period of fiscal year 2023-24, and in the same period of fiscal year 2024-25 it was $29.60 million, according to data from…
Vietnam posts trade surplus of $24.77 billion in 2024
The December value was $70.53 billion, up 6.2 percent month-on-month and up 15.9 percent compared to the same period last year, according to the agency.
Pakistan-China trade suspended as protest on Karakoram Highway against power outages continues
While the government has failed to find any solution, Gilgit-Baltistan Chamber of Commerce and Industry President Imran Ali said that 700 trucks, including vehicles loaded with…
Newest Lao-Thai bridge link across the Mekong now 96 percent complete
The new 1,350-metre bridge will enable easier travel between Laos and Thailand and spur trade with other countries in the Greater Mekong Subregion.
K-beauty exports surpass $10b milestone
China topped the list as the largest importer of Korean cosmetics, accounting for 24.5 percent of exports, or around $2.5 billion, the US followed with $1.9 billion, and Japan…