Economy and commerce
Vietnamese, Venezuelan leaders decide to deepen trade relations
State President Truong Tan Sang reiterated Vietnam’s desire to deepen ties with Venezuela to benefit both countries during talks with Venezuelan President Nicolas Maduro Moros in Hanoi on 31 August. Vietnam backed Venezuela’s constitutional government led by President Moros, said the host, adding that he believed ...
Thailand approves $3.8 billion stimulus to help stumbling economy
Thailand’s military government has approved economic measures worth a combined 136 billion baht ($3.81 billion) aimed at boosting spending power in rural areas, as the junta struggles to lift economic growth. Keep reading ...
Thai shippers fear deeper slump for exports
In the wake of falling exports for the seventh straight month in July, exporters are concerned that Thai shipments may slip into a full-year contraction of between 4.5% and 5%. Keep reading ...
Bomb hits property launches
The deadly Erawan Shrine bombing is expected to weaken already soft demand in the property market. In the wake of the bombing on 17 August, SET-listed developers including Supalai Plc, Property Perfect Plc, Major Development Plc and Noble Development Plc have decided to postpone some or ...
Seven clusters in for extra perks in SEZs
Additional investment privileges are likely to be offered to seven business clusters to be located in special economic zones (SEZs). Deputy Prime Minister Somkid Jatusripitak recently urged the Board of Investment and Industry Ministry to speed up studying the possibility of offering additional privileges to those ...
Rice federation forecasts exports to resume as scheduled in mid-September
Recently halted after severe flooding that inundated swathes of the country, Myanmar will resume rice exports as scheduled from mid-September, the country’s rice federation said on 31 August. Members of the Myanmar Rice Federation had agreed to a temporary pause on exports and to sell domestically at ...
Construction workers needed for Thai-Myanmar SEZ
A raft of additional labourers is needed as construction of the Thai-Myanmar Special Economic Zone in Mae Sot kicks off, Tak province, project leaders say. Keep reading ...
Chinese top visits to Laos
Chinese visitors represent the third-largest segment of foreign visitors to Laos, following visitors from Thailand and Vietnam. In the future it is likely that China will surpass Thailand and Vietnam as the top supply market for travel. Keep reading ...
Tycoon to the rescue as cheaper China floods Vietnam's economy
Soldier-turned-tycoon Nguyen Huu Duong is a fierce patriot still fighting to protect his country, four decades after battling American forces in the Vietnam War. The construction mogul has amassed a war chest of tens of millions of dollars to fight for greater independence for Vietnam’s economy ...
Farming bivalve molluscs for export favourable in Vietnam
Raising bivalve molluscs for export is currently a promising potential for Vietnam as global markets have a growing appetite for the product and the total domestic farming area could be enlarged, many insiders have said. Data from the Directorate of Fisheries show that the bivalve mollusc ...
