Economy and commerce
Trade
November trade deficit narrows to $3.8b
Vietnam’s trade deficit narrowed to US$3.8 billion in the first 11 months of this year, from the $4.1 billion recorded for the first 10 months. According to the General Statistics Office, the reduction was thanks to an $18.8 billion trade surplus achieved by foreign direct investment ...
Firms study EEU deal opportunities
Numerous Vietnamese firms and member states of the Eurasian Economic Union (EEU) gathered at a business forum on 25 November in Hanoi to study opportunities from the free trade agreement. The business forum, which was co-organised by the Vietnam Chamber of Commerce and Industry, the Ministry of ...
US to review Thai trade benefits after labour complaint
The United States will review Thailand’s eligibility for trade benefits after complaints that the country is not properly protecting workers’ rights, the US Trade Representative said. Keep reading ...
Chinese firm intends to list on Cambodia Stock Exchange in 2016
Hong Kong-based developer Eastland Development (HK) Ltd has expressed interest in listing on Cambodia’s stock exchange within a year. Sam Yang, the company’s chief executive, said during a recent company promotional event that Eastland is working with a local underwriter to prepare to float shares on ...
Cautious optimism on the economic front
The Thai economy will expand by 2.8% by year-end, and government megaprojects will accelerate higher growth rates next year, the Fiscal Policy Office said on 26 November. Keep reading ...
'Echelon Thailand' set to host Mekong region start-ups
“Echelon Thailand” will bring active start-up communities from around the Mekong region including CLMV (Cambodia, Laos, Myanmar and Vietnam) to connect with one another. The 26-27 November event organised by e27, Asia’s largest tech media platform, is expected to attract the best of the Mekong region’s ...
Thai auto production hitting 2m units in 2016
With the slowdown in domestic auto sales ebbing and strong exports, Thai automobile production is expected to reach 2 million units next year, the Federation of Thai Industries projects. Surapong Paisitpatanapong, a spokesman for the FTI’s automotive industry club, said the production in 2016 likely will grow ...
Soaring price of onions confronts NLD with challenge of governing
As the National League for Democracy prepares to take charge of Myanmar’s economy, small businesses in Yangon are cutting costs and preparing for the worst, with food prices soaring and the kyat touching an all-time low against the dollar. Restaurant and tea-shop owners in Myanmar’s largest ...
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 ...
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 ...
