Trade

A recent World Bank report says that trade growth in Myanmar could reduce poverty and boost prosperity, but local observers say in order for that to happen the government must implement economic policies that increase export markets. The Myanmar Diagnostic Trade Integration Study released last week by the ...

Vietnam’s garment-textile industry has already taking possible Brexit influence into accounts while conjuring up measures to weather its possible negative impacts. Vietnam’s garment exports to the EU account for approximately 20 percent of the total volume with the UK contributing around 4 percent. Vu Duc Giang, Chairman ...

Cambodia’s Ministry of Economy and Finance announced on 27 June that the government will block all illegal rice imports at its borders and limit legal rice shipments from Vietnam based on production cost. As part of the new regime, only milled rice with a production cost of ...

Laos and Cambodia have agreed to continue to strengthen cooperation and to develop land links to enhance trade and investment between the two nations. The plans arose from a meeting between Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen when Mr Thongloun visited Cambodia ...

The Ministry of Agriculture and Rural Development has called for provinces in the Mekong Delta to expand paddy farming in areas with favorable weather conditions given positive projections for outbound sales of the staple food later this year. With positive market forecasts by the VFA, Deputy ...

Vietnamese seafood exporters are scrambling to buy raw materials to compete with  Chinese businesses to fulfill export contracts. Local newspapers quoted sources as reporting that shrimp processing workshops in Mekong River Delta are now running at just 50-60 percent of capacity because of the lack of ...

Tokyo stocks went into a hair-raising dive on Brexit fears, plunging more than 8 per cent Friday (Jun 24), as major firms’ shares including Toyota and mobile carrier SoftBank went into freefall.The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped as much as ...

In the first 5 months of 2016, Vietnam spent US$140 million for the import of Chinese pesticides, or nearly $1 million a day, according to statistics of the General Customs Administration. Specifically, in May alone, Vietnam paid $27 million to import materials and pesticides from China. ...

A recent national cashew forum in Hanoi sponsored by the Vietnam Cashew Association focusing on ways to promote sustainability of the industry, attracted hundreds of stakeholders. The primary constraint that stakeholders face, undermining their efforts to realize the full trade potential for cashews is lack of ...

The volume of goods shipped has grown steadily in the three months since South Korean sea shipping line Hyundai Merchant Marine began calling at Sihanoukville port in Cambodia, and cargo sizes are expected to double in the coming month, a local company representative said on ...