Economy and commerce

Call to limit imports, use of chemicals in agriculture

Imports of farming chemicals should be restricted to ensure food safety for the public, a social forum in Bangkok featuring government ministers proposed this week.Keep reading ...

HCM City to help firms join Samsung’s global supply chain

HCM City is ready to work with Samsung to boost the capacity of local enterprises in support industry, said Nguyễn Thiện Nhân, Secretary of the municipal Party Committee.Keep reading ...

Funds needed for hi-tech agriculture

Agricultural productivity and quality should be increased by investing more in innovation and strengthening links between all stakeholders, including farmers, enterprises and research institutes, experts say. At a seminar held in Hà Nội on Tuesday, they also said that access to land, capital and markets were ...

EAEU-Việt Nam Free Trade Area and opportunities discussed in Russia

A roundtable discussion on “The Free Trade Area between the Eurasian Economic Union (EAEU) and Việt Nam: New Opportunities for Business” took place in Moscow on Tuesday, inspired by the upcoming visit of President Trần Đại Quang to Russia.The event was organised by the Russian ...

Thailand plans to sign electricity accord with Laos and Malaysia

Thailand is preparing to sign a tripartite electricity-trading agreement with two neighbouring countries at the upcoming Asean Ministers of Energy Meeting. Energy Ministry permanent secretary Areepong Bhoocha-Oom said the agreement would pave the way for the Laos-Thailand-Malaysia electricity deal, enabling the Asean Power Grid to ...

Cassava prices hit a new low

Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday.Faced with low prices of around 144 riel ($0.035) per ...

Japan's Daiwa to buy into Myanmar internet provider

Daiwa Securities Group will invest nearly 700 million yen ($6.26 million) in Myanmar internet service provider Frontiir with the hope of cashing in on abundant growth potential. Daiwa PI Partners will purchase newly issued shares, obtaining a stake of nearly 10%. Founded in 2013, the ...

US initiates anti-dumping investigation on VN’s polyester

he US Department of Commerce (DOC) last week announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester staple fibre from China, India, Republic of Korea, Taiwan and Việt Nam.These investigations are based on petitions filed by DAK Americas ...

The next chapter for the Trans-Pacific Partnership

The future of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement. The TPP was the economic arm of ...

Demarcation complete, Luang Prabang eyes investment to push SEZ project ahead

Development of a US$1.2 billion special economic zone (SEZ) in Luang Prabang province has faced delays attributed to project demarcation now completed while its developer seeks further investment and financial backing. The plans for the zone include a 23-storey building, schools, hospitals, shopping centre, bank, ...

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