Economy and commerce
Trade
Thai exports to China facing another fall
China’s economic slowdown continues to hurt Thai exports, with shipments to the country expected to contract for the third straight year in 2016. Aat Pisanwanich, director of the Center for International Trade Studies under the University of the Thai Chamber of Commerce (UTCC), said Thai exports to China ...
India trade with Cambodia, Laos, Myanmar and Vietnam has potential
India’s trade relation with Cambodia, Laos, Myanmar and Vietnam (CLMV) countries has immense potential, and “connectivity” and “economic integration” with regional value chains were crucial in this regard, Union Minister Nirmala Sitharaman said on 12 January. Keep reading ...
Vietnam shares end three-day decline
Vietnamese shares rose on both local markets yesterday, snapping a three-day decline, led by large-cap stocks. The benchmark Vietnam Index on the Ho Chi Minh Stock Exchange rose 1.2 per cent to close at 564.26 points. The southern index dropped 2.9 per cent in the previous ...
SMEs need support to benefit from free trade pacts
Vietnam’s domestic small and medium sized enterprises need close co-operation from public offices in getting information about regulations of free trade agreements for getting more benefits from the agreements. This was suggested by experts at an Asia-Pacific Economic Cooperation (APEC) public-private dialogue. Keep reading ...
Vietnamese companies perform well in Laos
Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...
Rice exports miss the mark again
Five years after setting out an ambitious 1 million-tonne milled rice export target, Cambodia’s rice sector fell well short of the mark last year, exporting close to 550,000 tonnes, with industry experts cautiously optimistic over export increases in 2016. The Agriculture Ministry’s report, released on 8 January, ...
China starts rice imports from Laos
The first shipment of rice imports from Laos have passed through inspection and quarantine procedures at south China’s Shenzhen port, according to local authorities. The shipment weighed 87.8 tonnes and was valued at 746 million U.S. dollars, said the Shenzhen Entry-Exit Inspection And Quarantine Bureau. Keep reading ...
Thailand's TCC acquires Metro Vietnam for $704 million
Thai consumer goods group TCC Holding Co. Ltd has completed its acquisition of the Vietnamese operations of Metro for 655 million euros (US$704.1 million). TCC’s subsidiary TCC Land International Pte. Ltd. takes over Metro’s 19 stores and related real estate portfolio in Vietnam, the German company ...
Trade-friendly Vietnam now offers far more than just low-cost labor
Vietnam is seen by many foreign businesses as being a very attractive place to invest in and do business for many reasons, Francois Guibert, Chairman of the EU-ASEAN Business Council says. “Vietnam has a lot more to offer investors than just low-cost labor,” Guibert told Thanh Nien ...
Downward spiral persists in exports of Lao coffee amid world price slump
The volume of coffee exports from Laos has decreased continually over the past couple of years due to a slump in coffee prices on the world market. Total coffee exports in 2014 reached 26,000 tonnes at an estimated value of US$60 million (Bt16.6 billion), which fell ...
