Trade
Exports
Organising Vietnamese - Japanese second high-level dialogue on agriculture
The Ministry of Agriculture and Rural Development in coordination with Japanese Ministry of Agriculture, Forestry and Fisheries held the second high-level dialogue on agricultural development cooperation in Hanoi on 12 August. At the dialogue, Minister of Agriculture and Rural Development Cao Duc Phat called on the ...
China's currency devaluation could spark 'tidal wave of deflation'
China’s devaluation of the yuan has sent shockwaves through global markets. Edwards, of the bank Société Générale, argues that as well as creating a challenge for China’s Asian rivals, by making its exports more competitive, a cheaper yuan will send “a tidal wave of deflation” breaking ...
Rubber oversupply causes price slump in Laos
As rubber plantations mature and the trees are ready to be tapped, Lao growers stand to face a substantial loss amid a slump in the rubber price on the world market. A respected Lao researcher says poor assessment of the market prior to planting the trees ...
Post-coup Thailand sees economic slump putting pressure on junta
Thailand’s government is under increasing pressure to overhaul the cabinet and bolster the economy as falling exports, eroding consumer confidence and a slump in manufacturing portend one of the region’s slowest expansions. The finance ministry has cut its forecasts for exports and gross domestic product growth ...
With farms, fruit and feed, Vietnam's tycoons explore agribusiness ventures
Some of Vietnam’s top firms are carving out opportunities in its $37 billion agriculture and seafood sector and looking to expand overseas, helped by free trade pacts. “We’ll have global food shortages by 2050. If we invest fundamentally and correctly, this market is infinite,” said Nguyen Duy ...
New rice deals hammered out with African countries
Thailand has clinched several deals to sell 765,000 tonnes of rice worth US$313 million to African countries. Commerce Minister Chatchai Sarikulya said during a five-day visit to South Africa that Thai exporters had signed 11 memorandums of understanding with African importers for the rice, worth 10.9 ...
Southern Thailand hit by weak rubber prices
At a time when little is going right for Southeast Asia’s second-largest economy, Thailand is being hit hard by weak global demand for its major agricultural exports. Among the people most affected are the country’s rubber producers, suffering depressed prices since January 2014. After surging to more ...
Myanmar's imports continue to outpace exports in Q1
Burma’s export volume rose slightly in the first quarter of the 2015-16 fiscal year compared with the same period last year, but failed to keep pace with increasing imports in an indication that the weakening of the country’s currency in recent months has failed to ...
Myanmar rice traders hope slowdown of Chinese buyers is temporary
The arrest of several Chinese buyers for tax evasion and the weakening Chinese economy is hurting trade with Myanmar’s largest rice export market, said U Soe Tun, vice chair of the Myanmar Rice Federation. China is the destination for over half of Myanmar’s rice exports. This ...
Cambodia priced out of Filipino rice tender again
Cambodia has lost a 100,000-tonne Filipino rice bid to Vietnam, on account of a higher costs as compared to regional competitors, marking the fourth time the Kingdom has failed to win a rice tender issued by the Philippines. The Philippines National Food Authority last week awarded ...
