Trade
Trade policy and regulation
Thai Government urged to also help big companies go abroad
The Thai Government should change its mindset about offering help only to small and medium-size firms expanding overseas and extend it to larger companies, said Thiraphong Chansiri, president and chief executive of Thai Union Group. Thiraphong added that a new challenge for companies branching out internationally was ...
TPP, AEC seek increased growth in farming exports
Exports of Vietnamese agricultural, forestry and fishery products would be aided by the Trans Pacific Partnership (TPP) agreement and the enactment of the ASEAN Economic Community. According to experts speaking at a seminar on the impact of free trade agreements on Vietnam’s agricultural sector, the TPP ...
Vietnam blocks exports by foreign gold miner over huge back taxes
Two major foreign-invested gold mining companies in the central province of Quang Nam will not be allowed to resume exports until they pay VND387 billion (US$16.93 million) in back taxes, a government spokesman confirmed at a press conference on 27 November. Nguyen Van Nen was responding ...
How Thailand's anti-dumping law works
An anti-dumping measure is a trade regulation many countries use to prevent local industries from being hurt by cheap imported goods that are “dumped” on the market. Thailand is a member of the World Trade Organization, which has adopted international free trade regulations including an anti-dumping mechanism. ...
Vietnam mulls trade remedies against cheap steel imports: report
Vietnam may take remedial action against imported steel as an influx of cheap imports has reportedly threatened the local steel industry. News website Bao Dau Tu reported on 27 November that local producers have received support from Deputy Prime Minister Hoang Trung Hai. He ordered the Ministry of Industry ...
Thai Chamber urges bolder Myanmar approach
Thai businesses want the government to help them enter or expand into the Myanmar market by conducting more official visits to the neighbouring country, according to the AEC Strategy Centre at the University of the Thai Chamber of Commerce. Centre director Pussadee Polsaram said more official ...
November trade deficit narrows to $3.8b
Vietnam’s trade deficit narrowed to US$3.8 billion in the first 11 months of this year, from the $4.1 billion recorded for the first 10 months. According to the General Statistics Office, the reduction was thanks to an $18.8 billion trade surplus achieved by foreign direct investment ...
Firms study EEU deal opportunities
Numerous Vietnamese firms and member states of the Eurasian Economic Union (EEU) gathered at a business forum on 25 November in Hanoi to study opportunities from the free trade agreement. The business forum, which was co-organised by the Vietnam Chamber of Commerce and Industry, the Ministry of ...
US to review Thai trade benefits after labour complaint
The United States will review Thailand’s eligibility for trade benefits after complaints that the country is not properly protecting workers’ rights, the US Trade Representative said. Keep reading ...
Soaring price of onions confronts NLD with challenge of governing
As the National League for Democracy prepares to take charge of Myanmar’s economy, small businesses in Yangon are cutting costs and preparing for the worst, with food prices soaring and the kyat touching an all-time low against the dollar. Restaurant and tea-shop owners in Myanmar’s largest ...
