Trade
Imports
Thai TPP opponents voice major concerns
Consumer and farmer advocacy groups have urged the government not to enter the Trans-Pacific Partnership (TPP) agreement, saying Thailand is unprepared to handle the negative impact. Nusaraporn Kessomboon, a lecturer in Khon Kaen University’s Faculty of Pharmaceutical Sciences, raised concerns that the TPP would obstruct Thai people’s ...
Cambodian PM urges US to drop tariffs
Prime Minister Hun Sen urged policymakers in Washington to expand its preferential treatment of goods imported from least-developed countries (LDCs) including Cambodia by increasing the amount of goods permitted duty- and quota-free access to the US market. “Cambodia would like to request that the US provide ...
Vietnam eases restriction on import of used machinery
Vietnam has introduced a new policy that will allow local companies to bring in machinery that have been in use overseas for less than 10 years, effectively easing a restriction on machines older than five years. According to the Ministry of Science and Technology, the new ...
Vietnam economy won’t be better next year: economist
Vietnam’s economy will continue to recover but at a slow pace next year, and the sustainability of its rebound appears weak, a senior economist has warned. Nguyen Dinh Cung, head of the Central Institute for Economic Management, said: “The recovery in 2013-15 was driven by the ...
Mynamar trade steady year-on-year despite flooding: ministry
Myanmar’s trade volumes for the first half of this fiscal year match last year’s figures despite devastating flooding in July and August and a six-week embargo on rice exports. Myanmar’s bilateral trade was worth US$16.204 billion over the first six months of fiscal year 2016, placing ...
50% increase in Myanmar-Thai border trade
Yangon – Myanmar-Thai border trade value from April to October increased by 50 per cent to US$601.73 million, according to Thailand’s Commerce Ministry. Keep reading ...
Post-election, kyat resumes its weakening trend
The kyat weakened against the US dollar this week as the greenback strengthened in international markets and business resumed in Myanmar following the 8 November election. Fears the election could spur currency volatility have not materialised, indicating a certain level of confidence in political developments and ...
Booming trade benefits China, Vietnam
When Xiang Jiancheng started doing business in Dongxing two decades ago, trade in the China-Vietnam border city was still lukewarm. These days, however, more than 10,000 Chinese and Vietnamese walk across the border bridge every day to do business in bustling markets on both sides. Cross-border business ...
Cambodia pins economic hopes on AEC
Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...
Lao agribusiness operators face problems exporting to China
Agribusiness operators in Phongsaly province are struggling for trade after Chinese authorities banned the import of some agricultural produce. Commercial crops including green tea and sweetcorn being traded by Lao entrepreneurs in the province cannot be exported to China, the provincial Green Tea Processing Factory Director, ...
