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VIETNAM has been a major textile production hub for years and, as the country’s government pushes sectors to embrace technology associated with the Industry 4.0 movement, some companies are adapting advanced methods such as digital textile printing.

According to statistics from India-based Mordor Intelligence, Vietnam is the third-largest garment exporter in the world, with the United States, the European Union, Japan and South Korea serving as major destination markets. …

THE CHINESE government has from September 1 imposed 5% additional retaliatory duties on US exports of paint to China, in the latest round of the trade war between the two countries. The new tariffs cover products such as polyester, acrylic, ethylene and polyeurathane powdered paints; acrylic, polymer and vinyl liquid paints; and more – see http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201908/P020190823604938915640.pdf…

‘AUSTRALIAN-made’, ‘cruelty-free’ and ‘natural’ – these were the marketing buzz words most commonly cited during Australia’s leading beauty event – Beauty Expo Australia – staged in Sydney between August 24 and 25.

Although ‘Proudly Australian’ has become a slogan used by many beauty brands based in Australia, the conference actually demonstrated how Australian beauty retailers and consumers are open to trying more international lines, new treatments and innovative products.…

WHILE the future of Hong Kong’s political stability hangs in the balance given the long-term protests that have been wracking the territory, its underlying economy seems to be just holding together, with DBS Bank, for instance, in August projecting zero economic growth.…

THE EUROPEAN automobile manufacturing sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on EU automobile exports of 35%.

This agreement has been welcomed by the European Automobile Manufacturers’ Association (ACEA), which noted that the South American trade bloc, which also includes Uruguay and Paraguay, is home to around 270 million people, where 3.3 million new cars were sold during 2018.…

JAPAN and South Korea have many similarities in AML/CFT terms, being the only countries in north-east Asia with democratic, open societies, who also run their economies according to standard free market principles. They are also both developed industrial economies in which the rule of law is applied consistently and transparently.…

THE PERSONAL care product sector has an increasingly complex and global supply chain and as a result, international technical standards are growing in utility and importance. Where suppliers and retailers follow and require the use of international standards to guide their operations and products, there will be fewer nasty surprises, in orders and purchases.…

THE BALTIC States, being European Union (EU) member states adjacent to Russia and Belarus have been exploited by Russian criminals as a gateway for their illicit funds into the EU and beyond.

This is despite that as EU member states, Estonia, Latvia and Lithuania must implement EU anti-money laundering and anti-terror finance legislation.…

THE INDUSTRIAL minerals mining and processing sector and its customers has an increasingly complex and global supply chain and as a result, international technical standards are growing in utility and importance. Where suppliers and retailers follow and require the use of international standards to guide their operations and products, there will be fewer nasty surprises, in orders and purchases.…

Russia has criticised Mexico at the World Trade Organisation (WTO) for maintaining anti-dumping duties on Russian steel exports, which it claims are outdated, being based on pricing assessments using data from a different country.

The Mexican government used this method for past dumping calculations on Russian steel because it is permitted under WTO rules where a government dominates an economy that does not operate as a free market.…