Trade

Vietnam’s exports of mobile phones and parts exceeded US$30 billion last year, surpassing all other products, customs data showed.   That was a 27.9 percent increase compared to 2014, and accounted for 18.7 percent of the country’s total export revenue, it said. The EU was the biggest buyer of ...

Thailand’s Finance Ministry is seeking cabinet approval to waive import tariffs on more than 1,000 items, says Customs Department director-general Kulit Sombatsiri. If approved, 56 categories of imported goods and a total of 1,100 items will be allowed into the country without tariff, Mr Kulit said. Keep reading ...

Thailand’s Board of Investment (BoI) is set to propose promotional packages to support “smart farmer” projects at its next board meeting. Secretary-general Hiranya Sujinai said packages should combine both the BoI’s investment privileges and other support such as finance, technical assistance and  market access development.  Keep reading ...

Vietnam’s handicrafts face many challenges in producing and finding export markets, while integrating into the world economy although it has the potential for economic development. According to statistics from the Ministry of Agriculture and Rural Development’s Agricultural Trade Promotion Centre, there are nearly 1,750 traditional craft ...

More than 1000 activists of a Christian-based anti-narcotics group are to have police protection after getting the go-ahead from the Kachin State government to destroy over 1600 hectares (4000 acres) of opium poppy fields. Permission was received on 21 January to mount the mass operation in Waingmaw ...

Phanphet Agriculture Development Farm (PADF) is preparing to sell 10,000 tonnes of rice this year after negotiating exports with international partners. PADF President Mr Thongsavan Miboun told the media on 20 January the farm was doing its part to increase rice production and overseas sales. Keep reading ...

The Department of Fisheries does not expect Thailand to be hit with a red card by the European Union, citing positive signals from EU representatives over progress in dealing with illegal fishing during their visit to the country this week. Esak Pakdeekong, the department’s deputy chief, said ...

India is eyeing the huge opportunities in Cambodia, Laos, Myanmar and Vietnam (CLMV) and wants Indian financial institutes to establish branches in the region to boost trade and investment between the two sides. Addressing the third India – CLMV Business Conclave held last week at the ...

Vietnam’s participation in the ASEAN Economic Community (AEC) will create 14.5 per cent more jobs by 2025, the International Labour Organisation (ILO) found in a survey. Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep said at a workshop on 13 January in Hanoi that ...

The rubber price in Luang Namtha province has fallen continually since 2013 causing a large number of growers to plant other crops instead. The rubber price in the province is currently 3,000-3,500 kip per kilogramme, down from 4,000-4,500 kip per kg over the past year, an ...