Vietnam has established itself as a major trade player in Southeast Asia. In 2022, the country’s trade-to-GDP ratio reached an impressive 185%, according to the World Bank collection of development… read more →
The banks Citi and ING Germany have been working alongside export credit agencies Korea Trade Insurance Corporation (K-SURE) and Swiss Export Risk Insurance (SERV). In collaboration, they have successfully closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).
Globalisation is not dead, contrary to recent claims. Nowhere is this more evident than in global trade, where high-growth trade corridors in Asia, Africa and the Middle East are set to outpace the global average by up to four percentage points.
The UK is set to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an expansive free trade area of 11 countries spanning the Indo-Pacific. The new agreement follows… read more →
TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.
Your Monday morning coffee briefing from TFG: Euro hits parity with US dollar for the first time in 20 years
Over the last decade, Vietnam has become a top destination for investment in manufacturing – more desirable than other Southeast Asian nations like the ASEAN-4 countries (Indonesia, Malaysia, Thailand, and the Philippines). This has led many to wonder why Vietnam is such an attractive destination for investors.
In this article, Ed Lam and Pamela Mar offer a roadmap to a digital future for supply chains and trade finance, with a focus on Asian SMEs
Twenty years ago Asia had a 12% share of the global factoring market. Today that share is 25%.
In this article, FCI’s Lin Hui looks at factoring’s two decades of steady growth in Asia, and where the industry goes from here…
A recent survey, “Borderless Business: Europe-ASEAN Corridor”, noted the high-potential opportunities for the cross-border growth of trade in this trade corridor, according to Standard Chartered. 88% of European companies focusing… read more →
