Vietnam pushes ahead with business climate improvement

Improving the business environment is vital to increase competitiveness for enterprises, especially in the light of international integration, heard a workshop in the Mekong Delta city of Can Tho on 25 August. Keep reading ...

Central Bank fires warning shot on USD pricing

As the kyat continues its eight-month slide against foreign currencies, the Central Bank of Myanmar will soon set down punishments against businesses charging in US dollars, according to official sources. In May, the Central Bank halved US dollar withdrawal limits and warned local businesses to cease ...

Turmoil at the top prompts business uncertainty

In Myanmar’s business environment, where many prominent firms have close ties to officialdom, political developments at the top can have major ramifications for the economy. It remains to be seen how significantly the political turmoil that recently engulfed Myanmar’s ruling party will play out in Myanmar’s business sector. When Union ...

Chinese steel may flood Vietnam market

After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them. Vice-Chairman of the Vietnam Steel Association Nguyen Van Sua said although in recent years, the local steel ...

Vietnam's garment firms look to Europe

Enterprises from Hanoi hope to find more business opportunities in the textile, garment and footwear industries in Eastern European countries in the future. At a seminar on encouraging trade between Hanoi and the Czech Republic held in Prague on 20 August, Le Hong Thang, director of ...

China, ASEAN to strive to end talks on upgraded FTA

Chinese Commerce Minister Gao Hucheng said on 23 August that both China and ASEAN have agreed to strive to bring to an end their negotiation on an upgraded version of the China-ASEAN Free Trade Area before the end of this year. “Progress has been made in ...

Japan charts road to industrialization for Mekong region

Japan and the five Southeast Asian countries bordering the Mekong River adopted a blueprint on 24 August to boost industrialization in the subregion. The blueprint, known as “The Mekong Industrial Development Vision,” got the thumbs-up during a meeting between Japan’s Minister for Economy, Trade and Industry Yoichi ...

Vietnam enjoys strong export growth in UAE

Vietnam’s exports to the United Arab Emirates (UAE) hit 3.463 billion USD in the first seven months of this year, up 23.37 percent year on year, reported Nhan dan (People) daily. Keep reading ...

Vietnam exports over 500,000 tonnes of rice to Africa

The volume of Vietnam’s rice export to African markets in the first seven months of this year rose by 52% in the comparison to the same period last year. Keep reading ...

Shanghai shares plunge another 5%

Shanghai shares fell more than 5% on 19 August, extending their largest daily fall in more than three weeks on concerns of waning government support. The benchmark Shanghai Composite Index dropped 5.04%, or 188.74 points, to 3,559.42 during the morning session. Keep reading ...

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