Trade
Exports
Vietnam Government calls on local firms to improve foreign market strategies
The Government has approved a plan to help Vietnamese businesses directly participate in foreign distribution networks through 2020 to help Vietnamese goods penetrate international markets, a senior Government official said. The project aims to promote exports by ensuring that Vietnamese products are directly sold into major ...
Tra fish exports to UK increase sharply
Tra fish exports to the UK hit US$46 million last year, an increase of 13.9 percent against 2014, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Keep reading ...
Mekong Delta set to earn over 14 bln USD from exports
Vietnam’s Mekong Delta region targets to earn US$14.34 billion from export in 2016, a year-on-year increase of $1.14 billion. According to the Northwest Steering Committee, during January of this year, the Mekong Delta provinces shipped abroad 1.09 billion USD worth of commodities; mostly seafood, rice, processed foods, ...
Indonesia, Malaysia and Thailand to cut rubber exports
The three Southeast Asian countries grouped in the International Tripartite Rubber Council (ITRC) will cut exports by 615,000 tons in the six months until August 31, 2016. Indonesia agreed to cut its exports by 238,736 tons, while Malaysia and Thailand pledged to reduce their overseas ...
Thai rice exporters pessimistic about market prospects
Thai rice exports are expected to have another difficult year as the world market is likely to be volatile amid foreign exchange and oil price risks, according to exporters. Charoen Laothammatas, president of the Thai Rice Exporters Association, said the association projected shipments would slip to 9 ...
Lower rice exports anticipated
The Thai Rice Exporters Association expects a decrease in the volume of rice exports this year. Keep reading ...
Vietnam rakes in over $30 billion with phone exports
Vietnam’s exports of mobile phones and parts exceeded US$30 billion last year, surpassing all other products, customs data showed. That was a 27.9 percent increase compared to 2014, and accounted for 18.7 percent of the country’s total export revenue, it said. The EU was the biggest buyer of ...
Tariffs on 1,100 items may go
Thailand’s Finance Ministry is seeking cabinet approval to waive import tariffs on more than 1,000 items, says Customs Department director-general Kulit Sombatsiri. If approved, 56 categories of imported goods and a total of 1,100 items will be allowed into the country without tariff, Mr Kulit said. Keep reading ...
Board of Investment to propose privileges for smart farmer scheme
Thailand’s Board of Investment (BoI) is set to propose promotional packages to support “smart farmer” projects at its next board meeting. Secretary-general Hiranya Sujinai said packages should combine both the BoI’s investment privileges and other support such as finance, technical assistance and market access development. Keep reading ...
Craft industry struggles to find export markets
Vietnam’s handicrafts face many challenges in producing and finding export markets, while integrating into the world economy although it has the potential for economic development. According to statistics from the Ministry of Agriculture and Rural Development’s Agricultural Trade Promotion Centre, there are nearly 1,750 traditional craft ...