GO­ING DOWN

Southeast Asia Globe - - Agenda -

Viet­nam’s rice ex­ports have fallen in vol­ume by 18% in the first quar­ter of 2017 in what is now a four-year slump for the one-time world leader. Hav­ing once looked to China as the sal­va­tion of its ex­port in­dus­try, Viet­nam has strug­gled to come to terms with the su­per­power’s strin­gent new stan­dards im­posed on im­ports from the Asean re­gion – stan­dards that only 22 Viet­namese com­pa­nies are able to meet.

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