Economy and commerce
ANZ to remain in local market?
The chief executive of ANZ Royal Bank has denied media reports that the Australian and New Zealand Bank Group is considering pulling the plug on its Cambodian operations amid a planned retreat from the region’s markets. In a filing to the Australian Stock Exchange on ...
Young farmers turn to social media to stimulate growth
The rice price crisis may be a pressing problem for most rice growers, but not for a group of young farmers who know how to exploit sales through social media. For Pongpat Sukarbjai, the key to selling crops is in reducing the use of pesticides and ...
IIP growth drops
Việt Nam’s index of industrial production rose by 7.2 per cent in the first 10 months of 2016, according to the General Statistics Office. The increase was much lower than that of the same period last year due to strong decline in ore mining. In ...
Bank to lend to develop HCM City grassroots-level hospitals
The Housing Development Commercial Joint Stock Bank last week signed an agreement with the HCM City Department of Health to provide credit to buy medical equipment for grassroots-level hospitals and set up a social work division at all hospitals by 2020.Keep reading ...
Minister vows action against out-of-date, contaminated foods
Action has been and will continue to be taken to prevent the sale of out-of-date and contaminated foods as well as the provision of unfair services that continue to surface, a minister told the National Assembly recently. Minister of Industry and Commerce, Ms Khemmani Pholsena, ...
South Korean investors lambast business obstacles in field
South Korean investors have begun complaining of irregularities they face in running their operations in Indonesia, amid the government’s efforts to improve the business climate. Despite applauding Indonesia’s attempts to ease the business atmosphere by issuing economic policy packages, the Korean Chamber of Commerce and ...
NA members want tougher oversight on chemical use
National Assembly members have proposed that the government impose tougher measures in managing the distribution and use of dangerous chemicals so they can be brought under control. NA members expressed their wish on October 31 when debating the NA’s Standing Committee oversight of social and environmental ...
Migration crisis looms over Mekong Delta
Young people are leaving the Mekong Delta, Vietnam’s rice bowl, while the region’s economic growth is declining. These issues were discussed at the conference about socio-economic development of the Mekong Delta 30 years after the economic reforms implemented in 1986 held by Vietnam Academy of Social ...
How has outdated Chinese technology entered Vietnam?
Vietnamese businesses are continuing to import outdated Chinese technology despite repeated warnings by scientists that the country could become a ‘technology landfill’. The latest report of the Ministry of Science & Technology shows that technologies used in most industries in Vietnam are outdated, causing serious pollution ...
Rice farmers despair amid low prices
Kneeling and sobbing before a top commerce ministry official, a Phichit farmer appealed to the government on October 30 to help growers suffering from the fall in rice prices to 5,000 baht a tonne, the lowest level in decades. Sanit Kaho, a 63-year-old farmer, held the legs ...
