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Sweden’s Gripen Triumphs in Thailand, Driving Nordic Impact in ASEAN Defence Market

Sweden’s Gripen Triumphs in Thailand, Driving Nordic Impact in ASEAN Defence Market

by Antti Rahikainen | Aug 13, 2025 | Editors Choice, Aviation, Exports, Imports, Investment, Sweden, Thailand, Trade

Saab Gripen E/F fighter jets soar over the iconic King and Queen Royal Pagodas in Doi Inthanon. (AI created) How Sweden’s Saab secured a strategic victory over US competitors, and what this means for Nordic companies in ASEAN While Nordic business circles are...
US Tariffs on ASEAN: Navigating New Trade Waters for Nordic Businesses in Southeast Asia

US Tariffs on ASEAN: Navigating New Trade Waters for Nordic Businesses in Southeast Asia

by Antti Rahikainen | Aug 6, 2025 | Editors Choice, ASEAN, Business, Economy, Exports, Investment, Research, Taxation

The United States introduced new tariffs on ASEAN countries through an executive order signed by President Donald Trump on 31 July 2025, marking a significant shift in US trade policy. These levies, scheduled to take effect on 7 August, present a pivotal challenge for...
Retail Rice Prices in Vietnam Remain High Despite Record-Low Export Prices

Retail Rice Prices in Vietnam Remain High Despite Record-Low Export Prices

by Teuvo Tuomi | Feb 17, 2025 | Economy, Exports, News, Vietnam

According to the Vietnam Food Association, paddy prices have decreased by 40-50% year-on-year to VND5,400-9,500 (US$0.2-0.37) per kilogram, depending on the variety. Meanwhile, the export price of Vietnam’s 5% broken rice was at $395 per ton on 14 February, the...
China-Vietnam Cross-Border Freight Transport Sees Eleven-Fold Increase

China-Vietnam Cross-Border Freight Transport Sees Eleven-Fold Increase

by Teuvo Tuomi | Jan 14, 2025 | China, Exports, Imports, News, Trade, Vietnam

The China Railway Group reports a sharp increase in freight transport on the China-Vietnam cross-border railway last year, marking an annual increase of 1,153%. Monthly freight volumes hit record highs in March, April, July, October, and November. Initially focusing...
Korean Beauty Products Gain Popularity

Korean Beauty Products Gain Popularity

by Teuvo Tuomi | Jan 12, 2025 | Korea, Exports, Lifestyle, News

Korean beauty product exports have surpassed the $10 billion mark for the first time last year. According to the Ministry of Food and Drug Safety on Monday, Korean cosmetics exports reached $10.2 billion last year, a 20.6% increase on-year from $8.46 billion in 2023....
Vietnam’s Rice Exports Soar in Volume and Value

Vietnam’s Rice Exports Soar in Volume and Value

by Teuvo Tuomi | Aug 20, 2024 | Vietnam, Exports, Food & Drinks, Lifestyle, News

Vietnam’s rice exports are projected to exceed 5 billion USD this year, fueled by robust global demand and stable prices. Between January and July, Vietnam shipped over 5.1 million tonnes of rice worth 3.2 billion USD aboard, up 25% in volume and 5.8% in value...
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