Economy and commerce
Economic policy and administration
E-commerce makes great contribution to Vietnam's growth
After five years of implementation of the General Plan to Develop Electronic Commerce 2011-15, e-commerce has contributed greatly to Vietnam`s socio-economic growth. A new general plan for the next five years, to be released by the Ministry of Trade, was discussed at the seminar “Policies for ...
E-commerce makes great contribution to Vietnam's growth
After five years of implementation of the General Plan to Develop Electronic Commerce 2011-15, e-commerce has contributed greatly to Vietnam`s socio-economic growth. A new general plan for the next five years, to be released by the Ministry of Trade, was discussed at the seminar “Policies for ...
ASEAN Economic Community and impacts on Hanoi’s socio-economic development
Hanoi Institute of Socio-economic Development and Economic and Urban Newspaper together hold a city-level scientific workshop named “ASEAN Economic Community and impacts on Hanoi’s socio-economic development”. The workshop aims to evaluate positive impacts and limitations of joining ASEAN economic community towards Hanoi’s economy, culture and society, ...
Myanmar's economy risks overheating: IMF
Myanmar’s economy is showing strong signs of overheating and has become increasingly vulnerable over the past 12 months amid rising macroeconomic imbalances, according to the International Monetary Fund (IMF). An expansionary budget and limited monetary policy tools will see inflation at 13 percent by year-end, the ...
Survey finds Thai government doing poor job publicising economic plans
Largely clueless about the government’s economic plans, a majority of the Thais believe officials should go on the road to publicise their initiatives to reignite the economy, a poll released on 17 September concluded. The survey of 1,200 people nationwide by the University of the Thai Chamber ...
Myanmar keeps ‘cordial’ relations with North Korea
A foreign ministry delegation is visiting North Korea this week to further diplomatic relations, although a senior official noted that arms deals were excluded under UN sanctions. U Kyaw Zeya, deputy director general of the foreign ministry, told The Myanmar Times that a delegation led by ...
B200bn stimulus at the ready
At least 200 billion baht of the government’s budget is expected to be taken out from October-December as part of efforts to ramp up public spending and tackle cooling economic expansion. In the first three months of fiscal 2016 starting Oct 1, state agencies plan ...
Guarantees for SME lending set to jump
Loan guarantees for small and medium-sized enterprise (SMEs) are expected to surge 67% to 10 billion baht a month in the wake of the new credit guarantee portfolio scheme by Thailand’s state-owned Credit Guarantee Corporation. Keep reading ...
Vietnam plans to drop fines for some tax defaulters
The Ministry of Finance plans to forgo fines imposed on businesses which were behind their tax due date if their partners, including state agencies, had failed to pay them on time in accordance with contract terms. Keep reading ...
Measures approved to revive SMEs
The cabinet on 8 September approved five tax and financial measures to help some 2 million SMEs as part of its stimulus packages to revive the economy. Deputy Prime Minister Somkid Jatusripitak said the packages should help strengthen existing SMEs and attract new operators with potential. Keep ...
