Vietnam to resume importing Australian oranges, tangerines and grapes from August

Vietnam’s Ministry of Agriculture and Rural Development has said resumed permission for importing three Australian fruits including oranges, tangerines and grapes is expected to be given on 1 August. Keep reading ...

Southern Thailand hit by weak rubber prices

At a time when little is going right for Southeast Asia’s second-largest economy, Thailand is being hit hard by weak global demand for its major agricultural exports. Among the people most affected are the country’s rubber producers, suffering depressed prices since January 2014. After surging to more ...

Vietnam's economy a global bright spot in 2015

Vietnam’s economic growth has continued to firm up in 2015 with gross domestic product forecast to expand 6.3 per cent in the first half of this year, according to the World Bank’s latest Taking Stock report. The bank’s semi-annual review of Vietnam’s economic performance said the ...

Myanmar's imports continue to outpace exports in Q1

Burma’s export volume rose slightly in the first quarter of the 2015-16 fiscal year compared with the same period last year, but failed to keep pace with increasing imports in an indication that the weakening of the country’s currency in recent months has failed to ...

Myanmar rice traders hope slowdown of Chinese buyers is temporary

The arrest of several Chinese buyers for tax evasion and the weakening Chinese economy is hurting trade with Myanmar’s largest rice export market, said U Soe Tun, vice chair of the Myanmar Rice Federation. China is the destination for over half of Myanmar’s rice exports. This ...

Rules passed for derivatives

Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month. On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. The prakas regulates the sector by allowing individuals ...

China growth slowdown may widen Vietnam trade gap, official says

China’s economic slowdown may widen Vietnam’s trade deficit as the Southeast Asian nation counts on its largest trading partner to buy commodities, according to a government official.   “It would hurt our exports to China, especially with agricultural products,” Nguyen Duc Kien, deputy head of the National ...

Nearly half of the Chinese stock market halts trading

Listed Chinese companies have rushed to halt trading in their shares today as the rout on the Shanghai and Shenzen exchanges continues. The South China Morning Post reports that 51 per cent of mainland Chinese stocks, representing some US$2.2 trillion in market capitalisation, have asked for voluntary ...

Cambodia priced out of Filipino rice tender again

Cambodia has lost a 100,000-tonne Filipino rice bid to Vietnam, on account of a higher costs as compared to regional competitors, marking the fourth time the Kingdom has failed to win a rice tender issued by the Philippines. The Philippines National Food Authority last week awarded ...

Exclusive: Myanmar drafts new foreign investment rules

Foreigners will no longer need a local partner to set up businesses in Myanmar and may be granted a five-year tax holiday from the start of commercial operations, according to the draft of a new investment law obtained by Reuters.  Keep reading ...

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