New lockdowns, restrictions in China can worsen disruptions: Flexport

As production network blockage and postpones caused to a limited extent by the continuous COVID-19 pandemic in China have not yet died down, the new lockdowns and limitations declared as of late in Shenzhen, Shanghai and Souzhou can possibly essentially…

Global economic growth to suffer due to invasion of Ukraine: Moody’s

Russia’s intrusion of Ukraine has fundamentally modified the worldwide monetary scenery through three principle channels: high info expenses and purchaser expansion over a lengthy period because of spike in products costs; gambles due to monetary and business disturbance; and the…

More foreign investment flows into Vietnam’s logistics sector

More unfamiliar venture is immersing Vietnam’s strategies market-notwithstanding administrative boundaries to quickly take advantage of advancement chances after the pandemic. With Vietnam’s part in the worldwide production network rising, the coordinated factors area, actually overwhelmed by more modest homegrown players…

EU China’s top trade partner in Jan-Feb: Chinese commerce ministry

With the European Union (EU) outperforming the Association of Southeast Asian Nations (ASEAN) to turn into China’s biggest exchanging accomplice January-February 2022, China-EU exchange exhibits versatility and imperativeness, yet it will invest in some opportunity to sort out on the…

Ukraine war to hinder growth, aggravate inflationary pressures: OECD

The conflict in Ukraine has made another negative inventory shock for the world economy, exactly when a portion of the pandemic-actuated store network difficulties had all the earmarks of being beginning to blur, says the most recent monetary standpoint delivered…

ITC-Vietnam workshop seeks consultation on export strategy priorities

Vietnam’s service of industry and exchange, in a joint effort with the International Trade Center (ITC), as of late held a virtual studio to look for interview on need areas and regions in fostering the public commodity procedure. The occasion…

Rising freight rates put more pressure on strained global supply chain

With China battling a COVID resurgence, holding up compartment ships at a few ports there like Qingdao are rising, coming down on a stressed worldwide store network. The Russia-Ukraine war is likewise seriously disturbing delivery and airship cargo. As Russian…

Aramco, Sinopec sign MoU for downstream collaboration in China

The Saudi Arabian Oil Company (Aramco) through its Saudi Aramco Asia Company Limited (SAAC) auxiliary has marked a notice of getting (MoU) with China Petroleum and Chemical Corporation (Sinopec) for possible downstream cooperation in China. The MoU supports long standing…

2022 Philippine textile-garment exports may expand by 50% to $1.5 bn

The worth of piece of clothing and material commodities in the Philippine this year might grow by around 50% to $1.5 billion as the business is enthused about topping off supply holes by different makers.The Foreign Buyers Association of the…

China’s coal output grows amid efforts to stabilize production

The Chinese coal market has seen development in yield since late February in the midst of the country’s endeavors to balance out creation and guarantee supply, as per the National Development and Reform Commission, the top financial organizer. The nation’s…