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Pivot to Asia Remains Attractive

Pivot to Asia Remains Attractive

by Teuvo Tuomi | Apr 11, 2025 | Asia, Business, Economy, Investment, News, Trade, Visions

Tariffs have created another new normal. Companies and individuals in all parts of the world are scrambling to make sense of what should be the response. The decision of several Asian countries to embrace free trade agreements (FTAs) is worth highlighting. There is a...
SEA Hard Hit by Trump’s Tariff Rout

SEA Hard Hit by Trump’s Tariff Rout

by Teuvo Tuomi | Apr 5, 2025 | ASEAN, Asia, Business, Economy, News, Southeast Asia, Trade

Southeast Asia has been among the hardest hit regions by Donald Trump’s tariff rout across the globe, which has dealt a heavy blow to the region’s export-reliant economies. Washington on 2 April said it will slap levies of 46% on Vietnamese exports. Thailand...
Vietnam and Thailand Agree on 25 Billion USD Trade Target

Vietnam and Thailand Agree on 25 Billion USD Trade Target

by Teuvo Tuomi | Feb 25, 2025 | ASEAN, News, Thailand, Trade, Vietnam

Vietnam and Thailand have agreed to facilitate trade, expand market access, and work to achieve a bilateral trade target of US$25 billion soon. This commitment was made during talks between Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn and Thai...
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...
Indonesia’s Trade Surplus 2nd Largest Since COVID

Indonesia’s Trade Surplus 2nd Largest Since COVID

by Teuvo Tuomi | Dec 16, 2024 | Indonesia, News, Reports, Trade

Indonesia’s exports exceeded imports in November. This resulted in the second largest trade surplus since the government lifted the COVID-19 pandemic status in 2023. The country’s trade balance was US$4.42 billion in November, according to Statistics Indonesia...
Vietnam Is Finland’s Key Partner in SEA: Stubb

Vietnam Is Finland’s Key Partner in SEA: Stubb

by Teuvo Tuomi | Dec 2, 2024 | Business, ASEAN, Finland, News, Southeast Asia, Trade, Vietnam

During his recent visit to Finland, Vietnam’s Deputy Prime Minister Tran Hong Ha met with Finnish President Alexander Stubb and held talks with Finnish Deputy Prime Minister and Minister of Finance Rikka Purra. During the discussions, President Stubb and Deputy...
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