Economy and commerce
Trade
Vietnam's SMEs face a range of difficulties
A host of difficulties face small and medium-sized enterprises in Vietnam, Deputy Minister of Planning and Investment Dang Huy Dong told a conference on March 2 in Hanoi on policies to support SMEs and the experience of Japan. He also insisted that SMEs play a ...
Senior officials discuss priorities for APEC 2017
Senior officials from the 21 member economies sat together for the first working day on March 2 in Nha Trang, discussing three out of four priorities proposed by Việt Nam for the APEC Year 2017. The priorities include fostering sustainable, innovative and inclusive growth; deepening regional ...
EU-VN pact eagerly awaited
Việt Nam’s upcoming free trade agreement with the European Union is expected to make Việt Nam the most promising business destination for European companies in Southeast Asia. The statement was made by Michael Behrens, Chairman of the European Chamber of Commerce in Việt Nam, at ...
Commerce OK with using Article 44 to speed up patent approvals
The Commerce Ministry supports use of the military-led regime’s sweeping powers under Article 44 of the interim charter to streamline patent applications, partly by taking into consideration the judgement of foreign authorities to approve similar patents. Commerce Minister Apiradi Tantraporn said more than 36,000 patent ...
Australia to reshape foreign policy, trade
Australia will call home all of its overseas ambassadors for a meeting, Foreign Minister Julie Bishop said on March 2, as it reshapes its foreign policy to balance ties with long-time ally the United States and China, its largest trading partner. It is the first ...
Railway families given deadline
Nearly 100 families affected by a railway land dispute have been given a 30-day ultimatum to accept compensation or lose it. The demand came from an inter-ministerial committee set up to resolve the cases of three families in Banteay Meanchey province and 94 families in ...
Myanmar fishery export income set to double
Though Myanmar’s fishery export income took a dive for three straight years until 2015, industry players hold high hopes to rebound, given the slight increase last year and the potential continuation of growth this fiscal year ending on March 31. In FY2011-12, Myanmar could generate ...
As global food demand rises, climate change is hitting staple crops
While increases in population and wealth will lift global demand for food by up to 70 percent by 2050, agriculture is already feeling the effects of climate change. This is expected to continue in coming decades. Scientists and farmers will need to act on multiple fronts ...
The steps toward 2025’s logistics transformation
Vietnam has unveiled a new plan to transform the country into a regional logistics hub by 2025. The new plan draws attention to the importance of logistics in Vietnam’s positioning as an international trade hub Prime Minister Nguyen Xuan Phuc recently sanctioned the action plan to enhance ...
JWD pushes for big investment return
Logistics company JWD InfoLogistics says it has adopted a business plan to increase revenues from its recent investments in ASEAN markets, such as in warehouses in Laos, Myanmar and Cambodia. The plan for 2017 aims for a minimum seven percent revenue growth. Recent investments in ...