Trade
Exports
Vietnam growth surge masks weak local firms in 2-speed economy
Vietnam’s export-driven economy is set to grow at its fastest pace in eight years in 2015 and it’s foreign firms in the country that are riding the wave, leaving local companies lagging far behind. Foreign-owned businesses shipped 70 percent of Vietnam’s total exports so far this ...
Booming trade benefits China, Vietnam
When Xiang Jiancheng started doing business in Dongxing two decades ago, trade in the China-Vietnam border city was still lukewarm. These days, however, more than 10,000 Chinese and Vietnamese walk across the border bridge every day to do business in bustling markets on both sides. Cross-border business ...
Rice market gains momentum
The rice market is expected to continue gaining ground in export, as the Philippines plans to import a million tonnes in early 2016. The announcement comes on the back of winning previous bids to sell 450,000 tonnes of rice to the Philippines and a million ...
Cambodia pins economic hopes on AEC
Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...
Lao agribusiness operators face problems exporting to China
Agribusiness operators in Phongsaly province are struggling for trade after Chinese authorities banned the import of some agricultural produce. Commercial crops including green tea and sweetcorn being traded by Lao entrepreneurs in the province cannot be exported to China, the provincial Green Tea Processing Factory Director, ...
Vietnam on track to replace China as new manufacturing hub: experts
With increasing foreign direct investment (FDI) flows into its manufacturing sector, Vietnam stands a great chance of leaping ahead and replace China as the new production center, experts have said. They were speaking at a conference recently organized by the State Bank of Vietnam in collaboration ...
Mandalay jade traders say worst year ‘ever’ for sales
Jade traders in Mandalay say this could be the worst year ever for business. The main cause they cite is the absence of Chinese buyers, possibly nervous about the outcome of next month’s election. In interviews on 25 October at the Maha Aung Myay Gem Trading ...
Yields from fishing take a dive
Exports of fresh fish and fish products fell significantly during the first nine months of the year, raising concerns about businesses and families operating in the Cambodia’s fisheries sector. Fresh and frozen fish export shipments fell 21 per cent during the first nine months of the year ...
Vietnam seafood businesses look forward to TPP
With nearly half of their exports going to the 11 other countries that are set to sign the Trans-Pacific Partnership with Vietnam, seafood businesses have become the latest supporters of the controversial and secretive free trade agreement. Keep reading ...
Laos hosts Chinese banana rush
Northern Laos is emerging as an important source of fresh bananas for the Chinese market, with several different investors from China itself understood to be establishing plantations covering thousands of hectares across several different regions. The investors have been drawn to the region by good availability ...