Industries
Manufacturing
Thai fishing industry: abuses continue in unpoliced waters, Greenpeace claims
An international crackdown on human rights abuses in the Thai fishing industry has resulted in vessels travelling thousands of miles further into remote and lawless waters, where trafficked men continue to be beaten and sold at sea, a 12-month Greenpeace investigation alleges. According to the ...
Textile exports to hit $28.5b
Việt Nam’s textile and garment exports this year are estimated to reach US$28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Việt Nam Textile and Apparel Association (Vitas) reports. Việt Nam’s textile and garment exports this year are ...
Bus importer floats duty deal with government
Bestlin Group, the firm contracted to procure 489 natural gas for vehicle air-conditioned buses to the Bangkok Mass Transit Authority, on December 8 proposed a deal with the Finance Ministry amid fears it might be ineligible for a 40% import duty exemption for the buses. The firm ...
Strong demand boosts exports to CLMV
Exports to Cambodia, Laos, Myanmar and Vietnam continue to rise due to strong demand in the neighbouring countries, where the economies continue to grow, according to the Office of Industrial Economics. Ittichai Yotsi, director of the OIE’s Bureau of Industrial Economics Research, said exports to ...
Bad weather threatens to put a damper on sugar harvest
Unfavourable weather has delayed Thailand’s sugar crushing season, threatening a reduction in sugar output for the 2016/17 crop. The drop will prevent Thailand, the world’s second largest sugar exporter, from capitalising on rising global sugar prices at a time it is being challenged by Brazil ...
Will coal shares bounce back?
The strong increase in coal prices has rekindled hopes for Vietnam’s miners and securities investors after a period of disappointment. After eight years of decline, the coal price began recovering in early 2016. Analysts commented that the coal price has been witnessing the strongest recovery compared ...
Ministry promotes quartz industry
The Industry Ministry is pushing for the development of quartz mining, as this mineral is an important raw material for the production of solar panels. According to the ministry’s Department of Primary Industries and Mines, the Kingdom has reserves of 25 million tonnes of high-quality ...
VN firms invest in textile, dyeing
Many textile and garment enterprises are investing in textile and dyeing complexes to ensure material for sustainable development, Vietnam Television reported recently. To avail themselves of business opportunities from the Trans-Pacific Partnership agreement, many textile and garment firms have over the past two years started building textile ...
Ministry checking brick factories
The Ministry of Labor has established a working group to investigate the use of child labor at some brick-making factories to the north of the capital, but has yet to find a case about debt bondage and child labor as mentioned in a recent report ...
Boom built on ‘slavery’
The use of debt bondage to trap workers in “modern day slavery” is widespread in many of Cambodia’s brick-making factories, indicates research by rights group Licadho, whose findings suggest the Kingdom’s recent building boom is built on the illegal practice. In a report released on ...