Trade

Exports

Thai exports slide again in August, but still trade surplus

Exports continued to slide in August, down by 6.69% year-on-year, resulting in a contraction of 4.92% over the eight-month period. Keep reading ...

Hanoi to open Vietnamese Goods Week 2015 programme on 27 September

Vietnamese Goods Week 2015 will be held on 27 September in Hanoi, Ho Chi Minh City and Da Nang to raise public awareness of Vietnamese goods as well as their competitiveness. Accordingly, Vietnamese Goods Week 2015 will organise an exhibition at the Giang Vo Exhibition center ...

Thailand prioritises border trade

The Thai government is revving up efforts to tackle hurdles to border trade as it aims to achieve 1.5 trillion baht worth of cross-border business this year. Commerce Minister Apiradi Tantraporn, who chaired a panel handling border trade and investment promotion, said the priority is to facilitate ...

New terms for year's seventh rice auction

Authorities have pledged to closely supervise the government’s next auction of rice stockpiles to limit any negative effect on domestic prices and protect the reputation of Thai rice. Duangporn Rodphaya, director-general of the Foreign Trade Department, said provincial officials were expected to complete the inspection ...

Vietnam draft decree on sea freight transparency worries foreign shipping lines

Several foreign logistics companies have expressed concern about a proposed government decree requiring shipping companies to publicize their freight tariffs to protect exporters and importers, the media reported 21 September.   Switzerland-based MSC, French-owned CMA-GM, and Singaporean-owned APL-NOL voiced their opinion through London-headquartered law firm Freshfields Bruckhaus ...

Vietnam to lose $77 million of tax revenue each year due to free trade pacts

The government has estimated that it will lose around US$77 million of tax revenue annually between 2016 and 2025, when new free trade agreements take effect and eliminate a majority of import duties.  Keep reading ...

Festive period likely to boost rice prices

Rice prices are forecast to increase by as much as 10% late this year and early next year thanks to year-end festive celebrations and lower supply. Chookiat Ophaswongse, an honorary president of the Thai Rice Exporters Association, said rice prices were likely to rise by 8-10% ...

Sweet plans for future of Shan honey

Honey may soon join wine and coffee as among Shan State’s best-known local commodities, as production grows. Myanmar is set to export about 3500 tonnes of the sweet stuff this year, and experts say the “Made in Myanmar” honey label may soon spread. Rabbi Yossi Ives, chief ...

200 experts discuss sustainable manufacturing in southern Vietnam

More than 200 researchers and practitioners from around the world are attending a three-day conference on sustainable manufacturing in the southern province of Binh Duong.   The 13th Global Conference on Sustainable Manufacturing, from 16-18 September, offered keynote speeches, panel discussions with parallel sessions on sustainable approaches ...

Rice exports: It’s time for the “giants” to leave

Rice exports seem to be the playground of big State-owned corporations, which are able to impose unfavorable conditions on others, especially farmers. The export floor price for rice is stipulated in Decree 109/2011/ND-CP, which is determined under the guidance of the Vietnam Food Association (VFA) based ...

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