Trade
Trade policy and regulation
Vietnam draft decree on sea freight transparency worries foreign shipping lines
Several foreign logistics companies have expressed concern about a proposed government decree requiring shipping companies to publicize their freight tariffs to protect exporters and importers, the media reported 21 September. Switzerland-based MSC, French-owned CMA-GM, and Singaporean-owned APL-NOL voiced their opinion through London-headquartered law firm Freshfields Bruckhaus ...
Permanant border crossing planned from Phayao to Laos
Ban Huak temporary border checkpoint in Phayao province’s Phu Sang border district will be upgraded to permanent status next year to boost trade and investment with Khop district in Sayaboury province of Laos. Waradisorn Onnut, chief of Phu Sang district, said on 23 September that preparations ...
Vietnam to lose $77 million of tax revenue each year due to free trade pacts
The government has estimated that it will lose around US$77 million of tax revenue annually between 2016 and 2025, when new free trade agreements take effect and eliminate a majority of import duties. Keep reading ...
Myanmar grants more firms to invest this month
Myanmar Investment Commission (MIC) has granted 17 local and foreign firms to make investment in the country this month, sources with commission said on 22 September. Keep reading ...
E-commerce makes great contribution to Vietnam's growth
After five years of implementation of the General Plan to Develop Electronic Commerce 2011-15, e-commerce has contributed greatly to Vietnam`s socio-economic growth. A new general plan for the next five years, to be released by the Ministry of Trade, was discussed at the seminar “Policies for ...
E-commerce makes great contribution to Vietnam's growth
After five years of implementation of the General Plan to Develop Electronic Commerce 2011-15, e-commerce has contributed greatly to Vietnam`s socio-economic growth. A new general plan for the next five years, to be released by the Ministry of Trade, was discussed at the seminar “Policies for ...
Bourse softens listing criteria
For companies looking to float shares on Cambodia’s fledgling stock exchange, the rules have just been made easier. After three years and only two listings, the Securities and Exchange Commission of Cambodia has revamped the listing criteria, in a bid to increase the number of companies ...
Rice exports: It’s time for the “giants” to leave
Rice exports seem to be the playground of big State-owned corporations, which are able to impose unfavorable conditions on others, especially farmers. The export floor price for rice is stipulated in Decree 109/2011/ND-CP, which is determined under the guidance of the Vietnam Food Association (VFA) based ...
Survey finds Thai government doing poor job publicising economic plans
Largely clueless about the government’s economic plans, a majority of the Thais believe officials should go on the road to publicise their initiatives to reignite the economy, a poll released on 17 September concluded. The survey of 1,200 people nationwide by the University of the Thai Chamber ...
Myanmar keeps ‘cordial’ relations with North Korea
A foreign ministry delegation is visiting North Korea this week to further diplomatic relations, although a senior official noted that arms deals were excluded under UN sanctions. U Kyaw Zeya, deputy director general of the foreign ministry, told The Myanmar Times that a delegation led by ...
