Trade
Exports
Strengthening Vietnam's domestic production
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The rules of origin in FTAs has set high demands that forced Vietnam to consider more active elements of the diversity of markets through restructuring and raising product quality. According to figures from the General Statistics Office, in May 9, 2015, China remains the largest export ...
TPP membership would help Thai exports, banker says
Thailand should consider joining the Trans-Pacific Partnership because it will create collaboration among ASEAN countries, a banker says. On 5 October, 12 countries reached an agreement on trade liberalisation. Four of them are in the ASEAN region. Deja Tulananda, vice executive chairman of Bangkok Bank, said on 7 October that the ...
FTI chairman expects GDP growth near 3% on stimulus
The chairman of the Federation of Thai Industries (FTI) is confident that gross domestic product (GDP) will grow by nearly 3 per cent this year from the government’s expected injection of around Bt200 billion into the economy this quarter and the rebound of the tourism sector after ...
TPP offers Vietnam opportunities
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Trade ministers from the 12 Trans-Pacific Partnership (TPP) member countries reached final consensus on the world’s largest free trade agreement at Atlanta, the US, on 5 October. After ending negotiations on the TPP deal, all TPP countries will review legal procedures to prepare for the official ...
12 Pacific nations agree to historic TPP trade accord
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Twelve Pacific rim countries sealed the deal late 5 October (Thailand time) to create the world’s largest free trade area, with implications for Thailand and for world trade in the 21st century. Working around the clock for days past their deadline, haggard trade ministers announced they reached ...
Thailand to tap rice stockpile to maintain export levels
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Rice exports from Thailand may be steady next year as the world’s biggest shipper taps state inventories to offset a possible decline in production amid dry weather. Keep reading ...
Exports up 20% in H1 on Europe purchases
Cambodian exports saw a nearly 20 per cent increase for the first half of the year, as garment shipments to the European Union led the way in making up for a decrease in exports to the United States, according to a new Ministry of Commerce ...
Vietnam fruit farmers unprepared for ASEAN
Economist Le Dang Doanh warned that Vietnamese farm produce would face fiercer competition from other countries in the region when the ASEAN Economic Community is born at the end of this year. Keep reading ...
Garment, textile firms face tough, bigger rivals
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Several Vietnamese garment and textile companies would face more challenges from large rivals following integration, said Tran Quang Nghi, chairman of the National Garment and Textile Group (Vinatex). Nghi, speaking at a conference entitled “Garment and Textile – Opportunities and Challenges”, focusing on integration and held ...
Vietnam's produce exports expected to top $2b in 2015
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Fruit and vegetable exports are expected to reach US$2 billion this year as more and more countries have opened their door to Vietnamese fruits and vegetables. Earnings from fruit and vegetable exports have increased strongly in recent years, from $460 million in 2010 to $1.47 billion ...