Economy and commerce

The Asian Development Bank (ADB) is assisting the government of Thailand in designing, issuing and monitoring innovative capital market initiatives as part of the country’s recovery from the Covid-19 pandemic in a manner aligned with the 2015 Paris Agreement and the UN Sustainable Development Goals. ADB’s ...

Data released by the Myanmar Commerce Ministry on Monday showed that the country saw more than USD3.61 billion from agricultural exports in more than 11 months of the current fiscal year (FY) 2019-2020. The agricultural exports of the current fiscal year expanded USD500 million in comparison ...

The government as well as the Chinese Embassy in Cambodia have strongly rejected and condemned the United States move to impose sanctions on Union Development Group (UDG), with Defence Minister General Tea Banh considering it part of US “geopolitical ambitions.” Academics also said yesterday the move ...

The Asian Development Bank (ADB) says the Covid-19 pandemic has pulled the region’s developing economies into recession. It is the first time in six decades that “developing Asia” – a designation that includes 45 countries – has seen a regional slump. The ADB says developing Asia’s economy ...

Auto sales fell 25 percent year-on-year in the first eight months to 151,903 units due to the continuing impacts of the Covid-19 pandemic. Passenger cars accounted for 109,694 units, followed by commercial vehicles and special-purpose vehicles, according to the Vietnam Automobile Manufacturers Association (VAMA). Sales in August, ...

The government will this week consider measures to increase the purchasing power of low-income groups and support small businesses. Lavaron Sansnit, the director-general of the Fiscal Policy Office, said on Sunday that the Finance Ministry would urge the government’s centre for economic situation administration to approve ...

According to the Agro Processing and Market Development Authority and the Institute of Policy and Strategy for Agriculture and Rural Development – IPSARD’s annual report of agro product price, dragon fruit dropped continuously to VND3,000- VND3,500 per kilogram in August while it had been VND6,000- ...

Cambodia and South Korea ended the second round of their negotiations on free trade agreement (FTA) today with positive progress. It was a remarkable progress after four days of virtual meeting held from Aug. 31 to Sept. 3, said Seang Thay, Secretary of State at the ...

Along a busy highway on the outskirts of Vietnam’s largest city, a worn-out looking woman carrying all her worldly possessions in a handful of plastic bags picks her way through a web of swaying hammocks, looking for one that’s empty so she can lay her ...

For the past three decades, Vietnam has known only good — or great — economic news. The nation’s consistent growth as an exporter, propelled by Communist leaders who began embracing market-oriented policies in the late 1980s, pushed many into the middle class. The coronavirus pandemic changed ...