Trade

Imports

Rubber recovery boosts profits

Strong recovery of world rubber prices was expected to continue through the end of the year and increase revenues for local rubber firms, according to local securities companies. The world rubber price closed at 208.5 yen per kilo on November 11, 4.98 per cent higher ...

Trade GSP can’t make profit for Myanmar in short term

Some 5000 goods from Myanmar have been granted classification under the United States Generalised System of Preferences export scheme, however this will not see a rapid turnaround in profits, say industry figures. The United States trade representative body announced on its official website that preferential tariffs ...

Cambodia's labour ministry praises Trump's pledge to kill TPP

In the wake of Donald Trump’s surprise win in the US presidential election on November 9, Labour Ministry spokesman Heng Sour said on November 10 that the president-elect’s campaign promise to pull out of the Trans-Pacific Partnership trade deal would restore the Cambodian garment sector’s competitiveness ...

Singapore, VN enhance economic co-operation

Over the past five years, Singapore’s investments in Việt Nam have nearly doubled. Singapore’s Trade and Industry Minister, Lim Hng Kiang, emphasises the development of longstanding economic relations between Singapore and Việt Nam, which have yielded concrete outcomes, including creation of the Việt Nam-Singapore Industrial ...

VN five-year economic plan to focus on non-state sector

Minister of Planning and Investment Nguyen Chi Dung spoke to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about the five-year economic restructuring plan. Is it feasible to raise two thirds of the capital resources required in the next five years (2016-2020) for economic ...

New border crossings between Laos, Cambodia to boost trade and investment

Laos and Cambodia have agreed to open new border crossings to link the two nations more closely and enhance trade and investment cooperation. The plans were agreed to during Prime Minister Thongloun Sisoulith’s meeting with his Cambodian counterpart Hun Sen in Phnom Penh in June. ...

NA members want new law to ban import of discarded electronic goods

Service fees and product standards offered by telecommunications companies as well as the import of discarded electronic products were among the concerns raised by National Assembly members during a debate on the newly drafted Law on Information and Communication Technology. The draft law was made ...

Vietnam ‘should sell rice to Africa’

Vietnam and the International Rice Research Institute hope to boost cooperation in developing genetic resources and choosing technology to improve rice quality, experts have said. The IRRI gene banks, wild-rice introgression population, structured genetic population and breeding lines represent a critical resource for generating the ...

Rice standards run out of steam

The government is seeking funding to complete its effort to draft standards for 11 local varieties of rice as part of an initiative aimed at facilitating efforts to market Cambodia’s most important agricultural crop, a government official said on November 6. Chheng Uddara, a department ...

Authorities meet on proposed Law of Treaties

Authorities from eight northern provinces met in Bokeo province recently to discuss a proposed draft law of treaties and international agreements. The draft law would be the first law issued by the Ministry of Foreign Affairs and would set the principles, regulations and procedures for ...

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