Economy and commerce

On August 1, Prime Minister Nguyen Xuan Phucheld a working session in Can Tho with 13 Mekong Delta provinces and cities on removing difficulties for production and business activities and boosting the region’s economy. This is the fourth working session of the government leader with Mekong ...

Vietnam has banned the import of wildlife and wildlife products to reduce the risk of new pandemics. The move also bans wildlife markets for such items, including online sales. Vietnam has previously been accused of turning a blind eye to the sale of products such as pangolin ...

The Thai Rice Exporters Association cut its projection for 2020 rice exports from 7.5 million tonnes to 6.5 million tonnes, the lowest in a decade. Thailand shipped 3.14 million tonnes of rice in the first six months of this year, down 32.7% from the same period ...

Vietnam’s Prime Minister Nguyen Xuan Phuc today issued a new directive with urgent and powerful measures to restrict wildlife trade and consumption, and reduce further pandemic risk.   With immediate effect, the directive (29/CT-TTg) bans imports of live wild animals and wildlife products, strictly eliminates any wildlife ...

A concessional loan worth 1.45 billion baht to help Myanmar improve its electricity system has been approved by the government, according to an official. Rachada Dhnadirek, deputy government spokeswoman, on Tuesday said the loan is part of an initiative to strengthen ties with neighbouring countries. The Neighbouring ...

Activists campaigning against wildlife crime say Thailand could be a global leader in stopping pandemics by further cracking down on and ceasing to be a gateway for the illegal wildlife trade. They believe this would help stop animal-to-human disease transmission. They said scientific information has shown that ...

Innovative Thai start-ups are pushing technology to add value in agriculture and raise incomes Saraburi, a verdant central Thai province north of the capital, Bangkok, is known for spectacles like fields of sunflowers spreading beneath hills, and dragon fruit piled high like rubies at roadside stalls. ...

Pandemic-hit Indian exporters, especially in labour-intensive sectors, are expecting their fortune to plummet further, as key competitor Vietnam has clinched a free trade agreement (FTA) with the EU. The pact will raise competition between the Asian rivals for the lucrative EU market in a range of ...

Vietnam has emerged as an important investment spotlight for foreign investors. With GDP growth of 7 percent, import-export turnover of US$518 billion in 2019, and total registered capital of $362.58 billion by the end of 2019, the country continues to thrive in a wide variety ...

The EU-Vietnam free trade agreement will increase Vietnam’s annual GDP growth by 0.1 percentage points and boost exports of various sectors, HSBC says. Vietnam’s National Assembly Monday ratified the EU-Vietnam Free Trade Agreement (EVFTA) which will cut or eliminate 99 percent of tariffs on goods traded between the two ...