Economy and commerce

The Vietnam Chamber of Commerce and Industry and General Department of Taxation, under the Ministry of Finance, revealed a report on the satisfaction of businesses with the tax administrative procedures reform in 2014 in Hanoi on 11 August. Keep reading ...

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...

China has devalued its currency to boost flagging exports in a move that risks deepening the global currency war. After recent data showing falling exports and a stalling manufacturing sector, the central bank said on 11 August that it was allowing the yuan to weaken by nearly ...

Thailand and Laos have pledged to raise bilateral trade to US$8 billion over the next three years, driven mainly by underlined partnerships through special economic zones (SEZs).   Thailand plans to develop SEZs in 10 provinces, six of which have been designated in the first phase ...

Thailand and Laos are set to boost bilateral trade to US$8 billion (Bt250 billion) in the next three years, driven mainly by closer cooperation under Asean integration and the setting up of special economic zones. According to the Thai Commerce Ministry, Thai-Laotian bilateral trade rose by 14.32 ...

Investors expect Thailand’s capital market will decline to bearish levels over the next three months in line with poor sentiment in the economy. The latest investment sentiment survey for the three months ending 31 Oct is at 57.27 points, a 41.7% fall from last month’s level of 98.28 ...

US-listed gaming operator Entertaining Gaming Asia (EGA) has recovered from last year’s losses and recorded a profit during the second quarter of 2015. Along with sales of its gaming products, including poker chips and gaming plaques, the company attributed much of the increase to a boost ...

As rubber plantations mature and the trees are ready to be tapped, Lao growers stand to face a substantial loss amid a slump in the rubber price on the world market. A respected Lao researcher says poor assessment of the market prior to planting the trees ...

Vietnamese companies pledged US$155.4 million for their investment projects in 22 countries and territories around the world in the first half of this year, the Foreign Investment Agency recently reported.   The Ministry of Planning and Investment licensed 47 new projects.   Keep reading ...

Thailand’s Gold Traders Association have announced buying prices at 17,843.32 baht per baht weight for gold ornaments. Keep reading ...