Economy and commerce

Economic policy and administration

Vietnam seeking to boost exports: officials

Vietnam is seeking measures to boost exports as it is forecast to continue seeing a slow growth, officials said on 3 September. Export prices and volumes of many agricultural and mineral products will continue their downward trends, affecting the increase of export value, Nguyen Tien Vy, ...

Thai consumers reluctant to spend

Based on the latest report by the Commerce Ministry, consumer prices based on 450 products and services fell for an eighth straight month in August due mainly to prolonged weak consumption. The ministry on 1 September reported prices contracted by 1.19% year-on-year last month.  Keep reading ...

Vietnam poised to achieve economic target despite currency fall: experts

Vietnam will be able to achieve its economic growth target of 6.2 percent set for this year, regardless of China’s  yuan devaluation, the National Financial Supervisory Commission reported on 31 August. Keep reading ...

Vietnamese, Venezuelan leaders decide to deepen trade relations

State President Truong Tan Sang reiterated Vietnam’s desire to deepen ties with Venezuela to benefit both countries during talks with Venezuelan President Nicolas Maduro Moros in Hanoi on 31 August. Vietnam backed Venezuela’s constitutional government led by President Moros, said the host, adding that he believed ...

Thailand approves $3.8 billion stimulus to help stumbling economy

Thailand’s military government has approved economic measures worth a combined 136 billion baht ($3.81 billion) aimed at boosting spending power in rural areas, as the junta struggles to lift economic growth. Keep reading ...

Seven clusters in for extra perks in SEZs

Additional investment privileges are likely to be offered to seven business clusters to be located in special economic zones (SEZs). Deputy Prime Minister Somkid Jatusripitak recently urged the Board of Investment and Industry Ministry to speed up studying the possibility of offering additional privileges to those ...

Economic forum reflects on Vietnam’s international integration

Vietnam’s achievements and missed opportunities in the reform process and international economic integration were reviewed at the Autumn Economic Forum entitled “Vietnam`s Economy: Integration and Sustainable Development”. Keep reading ...

Cambodian youths urged to prepare for ASEAN integration

Cambodian deputy prime minister and foreign minister Hor Namhong on 30 August urged youths, who represent about 35 percent of the country’s population, to prepare themselves for an ASEAN Community, which will become a reality by the end of 2015. Keep reading ...

Economists blame lack of policy reforms for Vietnam's failure to benefit from FTAs

Though the government seeks to globally integrate Vietnam — 15 free trade agreements signed since 2007 — its tardiness in reforming policies is preventing businesses from benefiting from the FTAs, delegates said at an economic forum in the central province of Thanh Hoa on 27 ...

Around 300 new businesses launched each day in Vietnam: report

Vietnam has seen a big increase in the number of new companies in the past two months after the introduction of more open and simple business laws. Keep reading ...

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