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Spirethoughts

Spire's six most recent Spirethoughts.

Soybeans set to reap from global health movement
Global disruption of PPE supply chain
Demand for Masks is 10x production capacity
Asia’s demand for Air Purifiers increases as air quality worsens
APAC Silver Tsunami: Ageing Market worth US$4.56 trillion by 2025
Asian Flavours gain popularity

EU offers more market access to Vietnam

EU lawmakers voted to open its market wider to the ASEAN country in a deal that will eliminate 99% of tariffs on Vietnamese goods, with a transition period of up to 10 years on some imports.

This ‘carrot’ rewards Hanoi for its commitment and progress to improving its labour standards.

It is the most comprehensive pact of its kind struck by the EU with a developing country, and only its second – after Singapore – with a member of the Association of Southeast Asian nations (ASEAN).

Will Vietnamese exports to the EU see a boom?


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E-mail: marie.teo@spireresearch.com

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