Economy and commerce
Trade
Vietnam battles to hit 6.7pct growth goal
Economic slow-down is threatening to scupper the government’s annual target. Vietnam may struggle to achieve its target of 6.7 percent economic growth this year after the economy showed signs of losing momentum in the first six months, according to a report. Agricultural production was hit hard by ...
Cambodia, Vietnam to build market on border
The Vietnamese government on 27 July agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. The market will be constructed on 1.5 ...
Việt Nam records $1.8b trade surplus YTD
The country posted a trade surplus of nearly US$1.8 billion in the first seven months of this year, according to the General Statistics Office. GSO experts attributed the surplus to a rise in export values, while import revenues declined. The nation’s export turnover during the period ...
Laos, Singapore vow to enhance cooperation
Laos and Singapore are pledging to work together to promote trade and investment between the two countries after their trade volume climbed to US$72.5 million in 2015. As of 2016, investment from Singapore stood at US$187 million, ranking the country in eleventh place among all foreign ...
Vietnam busts illegal transport of 18 bear legs from Laos
Police in the central province of Thanh Hoa seized 18 frozen bear legs transported aboard a bus by its driver without a license Tuesday.The limbs, weighing 38 kilograms in all, were identified as belonging to red-listed sun bears, news website VnExpress said.Dinh Hong Phuong, 47, ...
Agriculture abandoned by Vietnamese entrepreneurs
Vietnam has great advantages for agricultural production, but in the last 10 years, domestic enterprises have been focusing on the services sector and abandoning the field. The 2015 Business Annual Report released by the Vietnam Chamber of Commerce and Industry recently showed a very low proportion ...
Lao PM calls for ASEAN nations to remain united
Prime Minister Thongloun Sisoulith has called for ASEAN nations to remain united, play a stronger role within the region, and stay true to ASEAN’s principles. Mr Thongloun made the call during his opening remarks at the 49th Asean Foreign Ministers’ Meeting held in Vientiane on 24 ...
Company ordered to halt Vietnam live exports
Ruralco has been ordered to halt live exports to Vietnam after the federal government raised concerns over animal control and traceability in the southeast Asian country. The Department of Agriculture and Water Resources has directed Ruralco live export business Frontier to cease supply of feeder and ...
AMM49 voices concern about recent complicated situation in East Sea
The 49th ASEAN Foreign Ministers’ Meeting took place in Laos’s capital city of Vientiane on July 24 with the participation of 10 Foreign Ministers from ASEAN member countries and the ASEAN Secretary General. The Vietnamese delegation to the meeting was led by Deputy Prime Minister and ...
Vietnam expected to export dairy products to China
Chinese agencies have said they are considering opening the market to Vietnam dairy exports through official channels. Domestic sources reported that in the talks with the Chinese General Administration of Quality Supervision, Inspection and Quarantine, the Vietnamese Minister of Industry and Trade Tran Tuan Anh requested ...
