Economy and commerce
China, ASEAN to strive to end talks on upgraded FTA
Chinese Commerce Minister Gao Hucheng said on 23 August that both China and ASEAN have agreed to strive to bring to an end their negotiation on an upgraded version of the China-ASEAN Free Trade Area before the end of this year. “Progress has been made in ...
Japan charts road to industrialization for Mekong region
Japan and the five Southeast Asian countries bordering the Mekong River adopted a blueprint on 24 August to boost industrialization in the subregion. The blueprint, known as “The Mekong Industrial Development Vision,” got the thumbs-up during a meeting between Japan’s Minister for Economy, Trade and Industry Yoichi ...
Vietnam enjoys strong export growth in UAE
Vietnam’s exports to the United Arab Emirates (UAE) hit 3.463 billion USD in the first seven months of this year, up 23.37 percent year on year, reported Nhan dan (People) daily. Keep reading ...
Vietnam exports over 500,000 tonnes of rice to Africa
The volume of Vietnam’s rice export to African markets in the first seven months of this year rose by 52% in the comparison to the same period last year. Keep reading ...
Vietnam's CPI expected to drop slightly in August
Vietnam’s consumer price index (CPI), the main gauge of inflation, is expected to drop slightly by 0.07 percent in August, compared to the previous month, said the country’s General Statistics Office on 24 August. Keep reading ...
Vietnam stocks plunge as bank concerns trigger sharp sell-off
Vietnam’s stocks just had a rough week after bad news kept hitting the markets, prompting many investors to dump a large number of bank shares amid a broad sell-off. The benchmark VN-Index dropped to 556.30 at the 3 p.m. close on 21 August, shedding nearly 17 ...
State banks help more Thais to join financial system
Thailand is among several countries in the East Asia and Pacific region to record an increase in financial inclusion thanks to greater financial services offered by state-owned banks, says a World Bank senior economist. Thailand registered a higher rate of financial inclusion among adults aged 15 ...
Vietnam sets up steering committee for industrialisation strategy
The Prime Minister has decided to establish a Steering Committee for Vietnam’s industrialisation strategy as part of a cooperation agreement with Japan by 2020, with a vision to 2030. The Steering Committee for the strategy will be led by Deputy PM Hoang Trung Hai while Minister ...
China factory index hits 6-year low
A key indicator of China’s manufacturing activity slumped to a 77-month low in August, an independent survey showed on 21 August, fuelling concerns of further deceleration in the world’s second-largest economy. The preliminary reading of Caixin’s Purchasing Manager’s Index (PMI) came in at 47.1 this month, ...
Vietnam, Dagestan reach oil and gas exploitation agreement
Vietnam is willing to pour up to 300 million USD into an oil and gas exploitation project in the Caspian Sea of the Republic of Dagestan within the Russian Federation, said Dagestan’s Government Office on 18 August. Keep reading ...
