WTO

Increased local trade finance could boost annual trade by $55 billion

February 23, 2024 | 11:34

Improving access to affordable trade finance could increase imports and exports by up to 6 and 9 per cent respectively in Vietnam, according to a new report by the International Finance Corporation (IFC) and the World Trade Organization (WTO). This represents an annual increase in merchandise trade of $55 billion.

Thai government approves 225-million-USD scheme to tackle PM2.5 pollution

December 06, 2023 | 17:09

Thailand’s government has greenlighted incentives worth 8 billion THB (225 million USD) for sugarcane farmers who agree to cut fresh sugarcane without burning the residue, a move aimed at helping reduce the amount of PM2.5 dust in the 2022-2023 harvest year.

Aspartame sweeteners 'possibly carcinogenic', says WHO

July 14, 2023 | 09:57

The WHO said Friday it was now classifying aspartame, an artificial sweetener commonly used in soft drinks, as "possibly carcinogenic to humans" -- though the acceptable daily intake level remains unchanged.

WTO says 2021 global trade recovery rests on vaccines

April 01, 2021 | 09:17

Global trade is set to grow by eight percent in 2021, the World Trade Organization said Wednesday, stressing that the route out of the Covid-19 crisis rested on the rapid rollout of vaccines.

Malaysia files WTO lawsuit against EU on palm-biofuel curbs

January 20, 2021 | 16:44

Malaysia has recently filed a complaint with the World Trade Organisation (WTO) over the European Union (EU)’s rules affecting the consumption of palm oil-based biofuels.

WTO to let EU levy $4 bn in Boeing/Airbus dispute: report

October 01, 2020 | 15:30

The WTO is set to approve EU sanctions worth around $4.0 billion against imports of US goods and services in connection with a long-running Airbus/Boeing spat, the Bloomberg news agency reported Wednesday.

Vietnam agrees to establish WTO informal working group on trade, gender 1

September 26, 2020 | 08:00

Vietnam and a number of member states of the World Trade Organisation (WTO) agreed to establish an informal working group on trade and gender during an online meeting at the level of ambassador and head of delegation in Bern, Switzerland, on September 23.

New ventures more pronounced in first half

July 06, 2020 | 17:09

COVID-19 and US-China trade tensions brought a new investment wave from abroad in the first half of the year.

PetroVietnam proposal to stop importing petroleum refused

May 18, 2020 | 08:03

The proposal to either stop or suspend petroleum imports by PetroVietnam was refused as it would impact importers and violate Vietnam's FTA and WTO commitments.

Free trade signings stimulate success

December 26, 2019 | 16:16

Fuelled by its positive performance in 2019, Vietnam is expected to continue witnessing high growth in the year to come, Michael Mugliston and Milton Churche, visiting fellows from the Institute for International Trade at the University of Adelaide in South Australia, provide analysis on the outlook for the Vietnamese economy in 2020 amid the country’s growing international integration.

Vietnamese businesses start to seize CPTPP opportunities

November 27, 2019 | 19:00

Vietnamese companies are grabbing opportunities arising from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) taking effect.

EVFTA gains in telecoms and banking

November 02, 2019 | 08:00

Even though a bigger lift in foreign ownership cap could become a driving force to lure further European investment in banking and telecommunications, the funding picture in these sectors remains a question on the back of enforcement of the landmark EU-Vietnam Free Trade Agreement.

WTO approves US tariffs on EU goods in Airbus retaliation

October 03, 2019 | 09:16

The World Trade Organisation on Wednesday (Oct 2) gave Washington the green light to slap annual tariffs on US$7.5 billion (€6.8 billion) worth of EU goods in retaliation for the bloc's illegal support of Airbus.

Japan wins partial WTO victory in South Korea duties case

September 11, 2019 | 09:17

The World Trade Organisation on Tuesday (Sep 10) largely faulted South Korea in a final ruling over anti-dumping duties slapped on imports of industrial pneumatic valves imported from Japan.

Businesses have yet to pay due attention to CPTPP: forum

September 02, 2019 | 06:00

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) remains unfamiliar to and hasn’t received due attention from businesses as well as ministries, sectors and localities of Vietnam, heard a forum held in Hanoi on August 30.