Trade

On March 14, experts welcomed recent moves by ASEAN members to agree to cut 90 percent of tariffs in the Regional Comprehensive Economic Partnership for between 5,000 to 6,000 kinds of products over the next 15 years, saying it would fully benefit Cambodia after the ...

The International Monetary Fund has recommended that Thai policymakers implement both fiscal and monetary stimuli in order to boost economic growth and steer inflation back to target. The recommendation was made during a visit to Bangkok for Article IV consultations. “The team recommends monetary policy ...

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

A survey found that only 32 percent of businesses have confidence in the competitiveness of their products, while others are worried about the increased presence of foreign goods. Chu Tien Dung, chair of the HCMC Business Association, said at the meeting between HCMC’s leaders and ...

The parliaments of Cambodia, Laos, Myanmar and Viet Nam shared experiences in monitoring and managing State budget and public investment during a conference in Phnom Penh on Monday. Addressing delegates at the launch of the conference, Cambodian National Assembly leader Heng Samrin said the event ...

ASEAN members are holding to their vow to cut import tariffs on 90% of products, amounting to 5,000-6,000 items under the Regional Comprehensive Economic Partnership, over the next 15 years. They also plan to push for the conclusion of negotiations this year. According to Commerce Minister ...

Việt Nam’s listed steel companies can achieve higher growth in 2017 despite a volatile and predictable international market if they optimise operations and exploit missing links in the sector’s supply chain, experts said on March 13. Given recent international developments, global markets are likely to ...

The government of Australia will contribute US$2.5 million in additional funding for the ongoing Second Trade Development Facility Project, aiming to improve trade and Laos’ business environment. An official launch ceremony for the additional financing took place on March 13 at the Ministry of Industry ...

As Thailand continues to negotiate more free trade agreements, local businesses often struggle to reap the rewards of lower or zero tariffs offered for shipments. The Commerce Ministry reported exporters took advantage of US$52.5 billion worth of FTA preferences and lower tariffs allowed by the Generalised ...

The construction of the Tonkin Gulf fishery logistics center in Co To island district, northern Quang Ninh province, is expected to be put into operation in March, said Secretary of the district Party’s Committee Hoang Ba Nam. The project, started in 2009, has a total ...