Workshop seeks measures to boost Vietnam-Russia economic, trade cooperation

The Vietnamese Embassy in Russia on May 15 organised a workshop in Moscow to promote bilateral economic and trade cooperation.Trade Counselor Duong Hoang Minh said that in 2021, the two countries saw a record-high two-way trade turnover of 7.1 billion…

Malaysia’s GDP expected to grow 4.2% this year

Malaysia’s gross domestic product (GDP) is set to moderate to 4.2% in 2023 amid external headwinds and tightening of monetary policy in many economies, said the Malaysian Industrial Development Finance Berhad (MIDF) Research.In a note, the research ho…

Tesla recalls 1.1M units in China over braking issues

American electric carmaker Tesla is recalling more than 1.1 million vehicles in China due to braking issues, the country’s top regulator said in a statement Friday. The recall includes Tesla’s imported Model S, Model X, Model 3, and domestically produ…

Bangladesh, India to trade in local notes to cut dollar dominance

Bangladesh and India decided to trade in their currencies, taka and rupee, respectively, to bypass the rising dollar, its dominance in trading, and to promote regional businesses, a Bangladesh Bank (BB) official told Anadolu. The two neighbors made th…

Vietnamese farm produce introduced at largest agri-food fair in Northern Ireland

Vietnamese agricultural products have been introduced at Balmoral Show 2023, Northern Ireland’s largest annual agri-food fair that took place from May 10-13 at Balmoral Park of Lisburn city.The Vietnamese booth featured famous local food brands such a…

PH records $4.9 billion trade gap in March

The trade deficit in the country increased to USD4.93 billion in March, as imports outpaced exports, the Philippine Statistics Authority (PSA) said. In a report released on Tuesday, the PSA said the trade deficit during the month was higher by 7.5 per…

Estate tax amnesty extension lifeline for pandemic-hit sectors

The clock is ticking and the Senate needs to pass an important bill seeking to extend the estate tax amnesty period for two more years. Deputy Speaker and Batangas 6th District Rep. Ralph Recto said in a news release on Sunday that his ‘former classma…