Economy and commerce

Many Vietnamese enterprises lack understanding about sustainable development goals (SDGs) and are not applying them to their business, Tran Thi Lan Anh, deputy general secretary of the Vietnam Chamber of Commerce and Industry, said at a forum held in Ho Chi Minh City on November 25. Associations that represent enterprises ...

The 2019 Lancang-Mekong Cooperation (LMC) Exposition opened Thursday in Kunming, capital of southwest China’s Yunnan Province, aiming at boosting sub-regional trade and investment. More than 2,000 merchants from home and abroad are expected to attend the five-day event, which has set up 1,800 booths in five ...

With more and more Chinese investment flowing into the country, many key government officials are speaking out in support of the projects, which range from a high-speed railway line to special economic zones to seaports. At several local investment forums, they have voiced the view ...

The U.S. government agreed this week to give another coast guard vessel to Vietnam so the Southeast Asian country can increase its defense against China. But behind that move, Vietnam and the United States are struggling over a growing trade deficit that has alarmed U.S. ...

The diversity and quality of jobs available in Cambodia is improving, yet new policies are needed for the country to benefit from the opportunities available in future global markets, according to a World Bank report released on Tuesday. Titled Cambodia’s Future Jobs: Linking to the Economy ...

Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber exports ...

In a scathing report, the European Union warned Cambodia that it has not taken enough steps to prevent a loss of its special trade privileges, noting particularly “further deterioration” of its human rights record since a review process was launched nine months ago. The confidential 70-page ...

The rural southwestern province of Koh Kong, previously off the international community’s radar screen, has drawn the global spotlight. That’s because a massive runway stretching approximately 3,200 meters appeared suddenly at a resort being developed by a Chinese company in this otherwise out-of-the-way province, about a ...

The Mekong – Lancang Business Forum 2019, themed “Promoting Agribusiness and Investment in Processed Food Sector”, took place in Ho Chi Minh City on November 7. The event was co-organised by the Vietnam Chamber of Commerce and Industry, the Thai Ministry of Commerce and the Mekong Institute. Speaking ...

Although Prime Minister Prayut Chan-o-cha announced Thailand’s commitment to the United Nations Guiding Principles on Business and Human Rights (UNGPs) in 2017, outbound investment remains a largely unregulated sector. Thai firms are significant investors in ASEAN countries, and Thailand’s foreign direct investment (FDI) in the region ...