Trade

Trade policy and regulation

Vietnam's economic growth dampened by company shutdowns, trade deficit

Vietnam has pulled off an impressive feat this year, bucking a global slowdown trend to post an economic growth of 6.5 percent in the first nine months.    But some senior legislators have said the strong growth might not be sustainable, considering the large number of companies ...

Vietnam, Laos border trade agreement passed

The Vietnamese Government has approved the border trade agreement between Vietnam and Laos, which was inked on 27 June 2015 in the central province of Nghe An.The agreement is expected to create a legal basis for boosting bilateral trade in line with the two countries’ ...

The biggest winner from TPP trade deal may be Vietnam

Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.   In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as ...

Strengthening Vietnam's domestic production

The rules of origin in FTAs ​​has set high demands that forced Vietnam to consider more active elements of the diversity of markets through restructuring and raising product quality. According to figures from the General Statistics Office, in May 9, 2015, China remains the largest export ...

TPP membership would help Thai exports, banker says

Thailand should consider joining the Trans-Pacific Partnership because it will create collaboration among ASEAN countries, a banker says. On 5 October, 12 countries reached an agreement on trade liberalisation. Four of them are in the ASEAN region. Deja Tulananda, vice executive chairman of Bangkok Bank, said on 7 October that the ...

FTI chairman expects GDP growth near 3% on stimulus

The chairman of the Federation of Thai Industries (FTI) is confident that gross domestic product (GDP) will grow by nearly 3 per cent this year from the government’s expected injection of around Bt200 billion into the economy this quarter and the rebound of the tourism sector after ...

TPP offers Vietnam opportunities

Trade ministers from the 12 Trans-Pacific Partnership (TPP) member countries reached final consensus on the world’s largest free trade agreement at Atlanta, the US, on 5 October. After ending negotiations on the TPP deal, all TPP countries will review legal procedures to prepare for the official ...

12 Pacific nations agree to historic TPP trade accord

Twelve Pacific rim countries sealed the deal late 5 October (Thailand time) to create the world’s largest free trade area, with implications for Thailand and for world trade in the 21st century. Working around the clock for days past their deadline, haggard trade ministers announced they reached ...

Thailand to tap rice stockpile to maintain export levels

Rice exports from Thailand may be steady next year as the world’s biggest shipper taps state inventories to offset a possible decline in production amid dry weather. Keep reading ...

Vietnam fruit farmers unprepared for ASEAN

Economist Le Dang Doanh warned that Vietnamese farm produce would face fiercer competition from other countries in the region when the ASEAN Economic Community is born at the end of this year. Keep reading ...

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