Economy and commerce
Trade
Public debt near red line: NA deputies
The second session of the National Assembly on November 1 continued with debates on a five year financial plan, targets and orientation for the mobilisation and use of public investment loans as well as public debt management during 2016-2020. Finance Minister Đinh Tiến Dũng presented a ...
Goa summit could be the turning point for BIMSTEC
The recently concluded eighth BRICS summit in Goa, India on October 15-16 saw a range of unprecedented outcomes and engagements. One of the biggest highlights among them was the BRICS-BIMSTEC Outreach Summit, where the BRICS leaders met the heads of government of the BIMSTEC countries. ...
Can Vietnam take full advantage of preferences in VN-EAEU FTA?
With the free trade agreement between Vietnam and EAEU (Eurasian Economic Union) having taken effect, many Vietnamese export items now enjoy a zero percent tariff. However, it will be not an easy task to boost exports. According to Trinh Thi Thu Hien from the Ministry of ...
PM reveals measures to bolster economic growth
Prime Minister Thongloun Sisoulith told the National Assembly that the government will employ a number of measures to spur economic growth amid the current economic and financial constraints. The prime minister on October 31 responded to questions raised by Assembly members about stimulus measures and policies the ...
Laos, China agree to strengthen border security
Laos and China have reaffirmed their commitment to further strengthen cooperation in the maintenance of security along their shared border with the signing of a new agreement. The agreement was signed by the Head of the National Boundary Committee Office of the Ministry of Foreign ...
Wooden furniture manufacturers beg for support
The HCM City Fine Arts and Woodworking Association predicted that Vietnam may reach $7.6 billion from timber and wooden exports in 2016, an increase of 10 percent compared to 2015. Meanwhile, experts have repeatedly warned of the danger of falling behind other regional countries. Vietnam urged to ...
Minister vows action against out-of-date, contaminated foods
Action has been and will continue to be taken to prevent the sale of out-of-date and contaminated foods as well as the provision of unfair services that continue to surface, a minister told the National Assembly recently.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, ...
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 ...
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 ...
Gems traders in Mandalay to protest decline in jade market
Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...