Asia Trade Experts

28/08/2024

As of August 22, 2024, the UK's total trade with Vietnam for the four quarters ending in Q1 2024 was £6 billion, a 13.8% decrease from the same period in 2023. This includes £969 million in exports, a 14.1% decrease, and £5 billion in imports, a 13.7% decrease. In May 2024, the UK's top exports to Vietnam were: Recovered paper (£8.19 million), Packaged medicaments (£3.43 million), Knit women's suits (£3.1 million), Hard liquor (£2.75 million), and Animal meal and pellets (£2.4 million).

Some say that the UK's expertise in clean growth, technology, and digitalization could be relevant to Vietnam's growth goals. Vietnam has committed to reaching net zero by 2050, phasing out coal power, and ensuring food security for its growing population.

28/08/2024

The Philippines and Vietnam, wary of China's hostile acts in the South China Sea, are set to sign a new defense cooperation agreement on Friday. - ANC, The W...

20/06/2023

High-level purge on pause amid growing worries about slowing economy

04/10/2022

Drones are changing the nature of war, but are yet to decisively shift the balance of power in the Indo-Pacific.

15/08/2022

The world’s financial centers are in danger of becoming passe, as workers opt for a better life post-pandemic.

29/07/2022

I'll be looking first-hand at the tourism sector in August

Vietnamese travel firms expect relaxed visa policies to increase foreign tourist numbers as the country lags far behind Southeast Asian neighbors post reopening.

09/06/2022

Asia's richest man has joined forces with US private equity giant Apollo to launch a £5bn bid for Boots.

https://uk.yahoo.com/news/india-richest-man-makes-5bn-103654750.html

27/05/2022

Another self serving Tory team player.

19/05/2022

Solar and wind farms forced to limit operations due to infrastructure limitations following renewables boom.

24/01/2022

Once-thriving Genting Hong Kong is headed for liquidation after seeing business evaporate during the pandemic.

11/01/2022

Amanda Milling, British minister of state for Asia, arrived in Cambodia on January 9 for her first visit since the UK became an official dialogue partner of ASEAN, which Cambodia chairs this year.

20/12/2021

https://uk.yahoo.com/style/liquid-hydrogen-powered-plane-fly-160505953.html

A UK government-backed research firm has unveiled a new liquid hydrogen-powered aircraft that can travel halfway across the globe without needing to refuel. The 279-seater plane by Aerospace Technology Institute, named the 'FlyZero', will perform similarly to regular passenger airliners, though it w...

20/12/2021

https://uk.yahoo.com/finance/news/chinese-owner-lotus-forced-hand-154303574.html

Lotus Cars was handed a £155m loan by its Chinese and Malaysian owners last year after the Covid crisis sent losses spiralling.

10/12/2021

Overseas investors are offloading shares despite VN Index’s 33 percent gain making it top performer in Southeast Asia

08/12/2021

World’s largest toymaker focuses on local manufacturing to build resilient supply chain

15/11/2021

In the space of 30 years, the country has launched a stock market and enjoyed annual economic growth of between seven and eight per cent.

04/11/2021

https://uk.yahoo.com/finance/news/government-rejected-loan-pleas-welsh-110021130.html

The British microchip company at the centre of a national security row over its Chinese-backed takeover was turned down for Government coronavirus support before being forced into a sale, it has emerged.

03/11/2021

Vietnam is stepping up its vaccination efforts and loosening COVID-19 restrictions after months of tough measures. A positive outlook is foreseen with Vietnam’s exports likely to increase by 10.7 percent at the end of 2021 and economic growth momentum strengthening further to 6.8 percent year on year in 2022. However, the easing of restrictions poses challenges to the workforce as thousands of migrant workers return to their home towns, resulting in significant labor shortages for many businesses.

Over the medium-term outlook, key industries such as textiles and garments as well as electronics are expected to create promising scenarios for Vietnam’s economy, driving the country’s GDP and highlighting its position as a dynamic manufacturing hub.

03/11/2021

Linacre College, founded in 1962, will change its name after a 'landmark gift' from female billionaire who owns 'bikini airline' VietJet Air

31/10/2021

The government will focus on six pillars to revive the economy post-pandemic, including mitigating difficulties faced by foreign companies, Prime Minister Pham Minh Chinh has said.

31/10/2021

Vietnam was honored as the world and Asia’s best golf destination for 2021 at the annual World Golf Awards held in Dubai on Friday.

25/10/2021

The plant is composed of eight boxes about the size of shipping containers, each fitted with a dozen fans that pull in air.

29/09/2021

https://uk.yahoo.com/finance/news/hong-kong-firms-start-flagging-093334013.html

(Bloomberg) -- Hong Kong-based companies with little to no presence in mainland China are the latest to warn about the risks they face from Beijing’s crackdown on businesses, in a further sign of enhanced disclosures sought by American regulators in filings for U.S. initial public offerings.Billio...

19/09/2021

On Thursday (September 16), UK retail chain Marks & Spencer said it was closing over half of its French stores due to food supply problems caused by Brexit.

One Derbyshire cheesemaker says it has fallen victim to the extra paperwork, costs and confusion that have hit many a British exporter to the continent since the UK left the EU.

17/09/2021

https://uk.yahoo.com/news/chinas-embattled-evergrande-tries-pay-074406169.html

Protests against teetering developer Evergrande spread to more Chinese cities on Wednesday after a company offer of property and parking spaces instead of cash repayments of its debts was rejected by investors.

17/09/2021

https://uk.yahoo.com/finance/news/tighter-grip-beijing-sends-message-040019787.html

As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city's powerful property tycoons: pour resources and influence into backing Beijing's interests, and help solve a potentially destabilising housing shortage. Chinese officials delivered the message in closed meetings t...

09/09/2021

Attended “Exploring Vietnam’s Medical Devices Industry: Opportunities for European Businesses" yesterday which was presented by the Italian Chamber of Commerce in Vietnam. A recording of the presentation can be found at https://youtu.be/CAnJ4GB2KOQ
If Asia Trade Experts can help you to pe*****te the Vietnamese market, please contact [email protected]
+44 1 7587077300

- Date: Wednesday, September 8th, 2021- Time: 3PM - 4:00PM (Vietnam time)- Platform: Zoom- Organized by the Italian Chamber of Commerce in Vietnam (ICHAM)- I...

05/09/2021

https://uk.yahoo.com/news/uk-dependence-chinese-imports-threat-161825790.html

The full extent of Britain’s reliance on trade with China is laid bare in a new report which claims that 28,000 firms import items for which the UK is almost “entirely dependent” on Chinese companies.

31/08/2021

The Delta variant is causing havoc in Ho Chi Minh City, disrupting business and supply chains of global brands

30/08/2021

https://www.bbc.co.uk/news/business-58380797

Wholesale coffee prices have risen by 50% this year as supplies have been hit around the world.