Economy and commerce
Trade
Rubber industry expects export recovery this year
Rubber exports are expected to reach 1.2-1.25 million tonnes of this year, a year-on-year increase of 5.5-10 per cent, according to the Việt Nam Rubber Association. Speaking at a press conference to introduce the fifth International Exhibition on Rubber Industry and Tyre Manufacturing in HCM ...
New cranes to raise Sihanoukville port’s capacity
State-owned Sihanoukville Autonomous Port received its first shipment of four new rubber-tyred gantry cranes from Japan this week under a $22 million investment plan that aims to expand the seaport’s container throughput capacity by 80 percent, a port official said on December 20. “We received ...
Vietnam, Cambodia want to consolidate ties: PMs
Top government leaders of Vietnam and Cambodia have expressed wishes to cement and develop bilateral ties in the spirit of “good neighbourliness, traditional friendship, all-faceted and long-lasting cooperation”. During talks with Prime Minister Nguyen Xuan Phuc in Hanoi on December 20, Cambodian Prime Minister Samdech ...
Forest coverage to rise to 47.25 percent in 2017
The forestry sector will protect, develop and sustainably use existing forest areas and land fund for forest development with a view to raising the country’s forest coverage to 47.25 percent in 2017. This is one of the focal tasks of the sector during 2017 put ...
Institute: Thailand can be 'Top 5' food exporter
The National Food Institute says it plans to push Thailand to be among the top five food exporters within the next 20 years, with value rising to 6 trillion baht, says Nuttapon Nimmanphatcharin, the institute’s vice-president. Thailand ranks 13th among food exporters, with a value of ...
TPP still of value to Vietnam
It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard. Trade with other members may be possible, conference hears, and there are other trade ...
Education, skills key to graduation from LDC status
Moving out of Least Developed Countries status requires raising people’s education and skill level as well as improving their health. The matter was stated by Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury during the conference on launching related issues, held in Vientiane on ...
Minister faces music on sand
Mines Minister Suy Sem could not give parliament’s anti-corruption commission an acceptable explanation for why Cambodian customs data failed to note $750 million in sand exports that Singapore says it received, the committee’s chairman said after a hearing on December 15. Sem was called in ...
Experts call for reducing rice exports
The country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Viet Nam Food Association. Speaking at a seminar in HCM City on December 13, Huynh The ...
Shrimp exports set to grow 10-15%
Thai shrimp exports are expected to grow by 10-15% next year, with domestic supply to hit a record high four years after Thailand began wrestling with early mortality syndrome. Somsak Paneetatyasai, president of the Thai Shrimp Association, said the country’s overall shrimp industry has been ...
