Vietnam’s textile and garment exports to South Korea expanded 53.5% y/y recording USD 1.64bn last year, while the nation overall exports to South Korea accelerated 18.9% y/y posting USD 6.6bn. The two nations are working to finalise a free trade agreement (FTA), as it would improve the flow of capital, labour and goods.
The country’s import from South Korea for textile, garment and footwear increased 19% y/y registering USD 2.63bn during the period.
The acquisition of India's Essar Oil led by Russian oil major Rosneft can be “considered done”, the state-controlled company’s CEO Igor Sechin said at the annual shareholder meeting on June 22, ... more
Vietnam’s trade with Kazakhstan expanded USD 221.8mn during first eleven months last year. According to Erbolat Dossaev, Kazakh Minister of Economy and Budget Planning, Vietnam’s exports to ... more
China’s HSBC manufacturing purchasing managers' index (PMI) was registered at 50.1 in August this year, as compared to 47.7 posted in July. According to Qu Hongbin, HSBC's chief ... more