Economy and commerce

Vietnam's northwest seeking tourism aid from Ho Chi Minh City

As an economic and tourism hub in the country, Ho Chi Minh City plays a vital role in the development of tourism in the north-western region, Deputy Prime Minister Nguyen Xuan Phuc has said. The city administration needs to offer more incentives to encourage tourism enterprises ...

Vietnam is still scratching the surface of what it can become: economists

Vietnam is believed to have achieved many great successes a lot over the last three decades of economic renovation, but many economists say the years ahead will continue to be challenging.    At a forum in Hanoi last week to mark the 30th year of the reform ...

Thailand's debt-stricken teachers 'need financial help'

The Thailand Teacher’s Development Association on 23 November demanded Education Minister Dapong Ratanasuwan provide debt refinancing packages, to prevent teachers from becoming swamped with debts which will eventually affect the students. The association proposed the ministry combine formal and informal debts of teachers nationwide, and transfer the whole chunk ...

Expired Thai food burned in Battambang

Customs officials in Battambang on 23 November seized and burned nearly 500 kilograms of expired food imported from Thailand. The intercepted goods included noodles, dried squid, biscuits and candy. Keep reading ...

ASEAN Community officially formed in landmark declaration

The ASEAN Community was officially declared on 22 November by leaders of the 10 member states of ASEAN in a landmark moment promising greater regional integration for the 48-year-old group. Twelve years in the making, the foremost goal of the ASEAN Community is to turn the region ...

Vietnam's SMEs to face regional competition

Small and medium-sized enterprises in Vietnam have paid little attention to the nearing formation of the ASEAN Economic Community (AEC), while larger companies with a “national brand name” are actively preparing for the regional integration process. Le Thanh Hai, the deputy manager of the Viet Nam ...

370 foreign companies approved under Thailand's Foreign Business Act in first 11 months

Thailand’s Business Development Department approved the operations of 370 foreign companies under the Foreign Business Act during the first 11 months of the year. Keep reading ...

Thai TPP opponents voice major concerns

Consumer and farmer advocacy groups have urged the government not to enter the Trans-Pacific Partnership (TPP) agreement, saying Thailand is unprepared to handle the negative impact. Nusaraporn Kessomboon, a lecturer in Khon Kaen University’s Faculty of Pharmaceutical Sciences, raised concerns that the TPP would obstruct Thai people’s ...

Cambodian PM urges US to drop tariffs

Prime Minister Hun Sen urged policymakers in Washington to expand its preferential treatment of goods imported from least-developed countries (LDCs) including Cambodia by increasing the amount of goods permitted duty- and quota-free access to the US market. “Cambodia would like to request that the US provide ...

Mekong rice straw to go to Japan

Rice straw, which is usually burnt by Cuu Long (Mekong) farmers at rice fields after harvest, will be exported to Japan as animal feed, according to Song Hau State Farm in the Mekong City of Can Tho. Keep reading ...

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