Trade
Exports
Huge trade potential in Australia
The opportunities for Việt Nam to tap the Australian market are huge if businesses create competitive products up to international standards, experts have said. According to the Ministry of Industry and Trade, Việt Nam and Australia enjoy favourable conditions to boost economic and trade ties. ...
Deal to revive coffee industry
A strategic agreement to develop the Buôn Ma Thuột coffee brand is expected to revive the country’s coffee industry, which needs to replace thousands of old, unproductive trees on farms in the Central Highlands province of Đắk Lắk. The agreement between Bình Điền Fertilizer Joint-Stock ...
Thailand’s single window to clear trade
The Thai government plans to create a single online database for importing and exporting through a national single window by 2018 as part of efforts to avoid potential corruption and bribery in processes where the state and private sectors meet. Having a single online database should ...
China offers cassava hope
Cambodia has marked its first Cassava Day with expectations of greater exports to China, one of the world’s big markets for the tuberous root. Speaking at the celebration in Battambang province on Monday, Commerce Minister Pan Sorasak said the government is speeding up exports of cassava ...
Electronics plant construction starts
Construction has started on a $60 million electronics factory as Thailand’s SVI company expands into the Phnom Penh Special Economic Zone. SVI Cambodia, the local subsidiary, signed a 50-year lease in July 2015 and says it hopes the work will be complete by October. Pongsak ...
SEZs driving economic growth in the south
The establishment of Special and Specific Economic Zones and untapped tourism potential is expected to drive economic growth in Champassak province, a senior official has noted. Deputy Governor of Champassak province Mr Buasone Vongsongkhone told Vientiane Times on Tuesday that more entrepreneurs from China, Japan ...
Thai Wah eyes export boost
Thai Wah has budgeted Bt2 billion to expand its capacity to produce tapioca, cellophane noodles and other high-value products for export to Cambodia, Laos, Myanmar and Vietnam this year under a plan to boost total sales to Bt10 billion in 2019. Ho Ren Hua, chief ...
Potatoes to take root
Cambodia’s eastern Mondulkiri province will become the country’s first hub for potato growing after a successful pilot project, researchers say. Cheang Hong, of the Potato Research Center at the Royal University of Agriculture, said a team spent several months studying weather conditions, potato varieties and ...
Myanmar celebrates the power of women this week
The government and several parties – including foreign embassies, business groups and non-governmental organisations – are coming together to hold a series of programs on women empowerment this week. The programs from Monday to Sunday in Yangon and Nay Pyi Taw are part of a global ...
VN's export ratio of farm produce in decline
Vietnam’s total export turnover has been growing at an annual rate of 12.8% but outbound shipments of agricultural products have faced numerous difficulties and their annual export growth was recorded at a mere 2.4% in the 2012-2016 period. The export ratio of agricultural products, as a ...