Trade
Exports
Big retailers, manufacturers to clear up price hikes
The Commerce Ministry is scheduled to hold a meeting with consumer goods makers and big retailers today to discuss the product price structure and clarify indirect price hikes alleged by consumers. Deputy Commerce Minister Sontirat Sontijirawong said the Internal Trade Department has been tasked with holding ...
EEC tied to China's One Belt, One Road
The government says the much-touted Eastern Economic Corridor is ready to be an important part of China’s One Belt, One Road initiative, which envisions connectivity between China and Eurasia. Speaking Monday at a seminar entitled “Thailand-Hong Kong-Shanghai Strategic Partnership on One Belt, One Road,” Deputy ...
Blue chips hit by low confidence
Shares dropped on both local markets on Monday as investors switched investments from large-cap stocks to mid- and small-cap ones, putting blue chips into negative territory. The benchmark VN Index on the HCM Stock Exchange inched down 0.16 per cent to close at 718.86 points. ...
Economic development requires rule of law: ESCAP
Cambodia has enjoyed strong economic growth but needs to improve its governance and rule of law in order to promote greater development, the Economic and Social Commission for Asia and the Pacific said in a report released on May 8. The UN agency noted in ...
Bangkok welcomes Macron win as nerves calmed over EU
Thailand has welcomed the victory of the pro-European centrist Emmanuel Macron in the French presidential election, banishing for now the spectre of another departure from the European Union and steadying the nerves of investors. Kobsak Pootrakool, Vice Minister for the Prime Minister’s Office, on May 8 ...
Govt lures major Chinese investment to new EEC
Deputy Prime Minister Somkid Jatusripitak said on May 8 that the government plans to connect its new Eastern Economic Corridor development project with the Chinese government’s One Belt, One Road initiative. “The connection will be through a high-speed railway and other linkage infrastructure, “ Somkid told ...
Laos, IRRI agreement to boost food security
The government and the International Rice Research Institute have agreed to strengthen their partnership in research and expand the institute’s role in increasing Laos’ food and nutrition security. The agreement was signed in Vientiane on May 8 by Deputy Minister of Agriculture and Forestry, Dr Phouangparisak ...
Residents yet to get Myanmar-China pipeline compensation
Despite the fact that the Myanmar-China pipeline has started to import oil, local residents have yet to receive the compensation due to them for damage to their crops arising from digging works on the pipeline. Crops had been pressed down by soil and landslides have occurred ...
Int’l cashew conference planned
An international clients conference for the cashew industry will be held in southern Bình Phước Province next week to provide an opportunity for cashew farmers, processors and traders to exchange information and explore business opportunities with local and foreign partners. Nguyễn Anh Hoàng, director of ...
Aquaculture export to reach $13b
Việt Nam’s exports of marine aquaculture produce is expected to reach US$12-13 billion by 2020 and $30-35 billion by 2030, according to the Việt Nam Sea Culture Association. Nguyễn Hữu Dũng, the association’s president, said with its long coastline and more than 3,000 islands and ...
