Economy and commerce
Trade
India eyes investment opportunities in CLMV
India is eyeing the huge opportunities in Cambodia, Laos, Myanmar and Vietnam (CLMV) and wants Indian financial institutes to establish branches in the region to boost trade and investment between the two sides. Addressing the third India – CLMV Business Conclave held last week at the ...
AEC could provide 14.5% more jobs for Vietnam by 2025: ILO
Vietnam’s participation in the ASEAN Economic Community (AEC) will create 14.5 per cent more jobs by 2025, the International Labour Organisation (ILO) found in a survey. Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep said at a workshop on 13 January in Hanoi that ...
No bounce in Luang Namtha rubber price
The rubber price in Luang Namtha province has fallen continually since 2013 causing a large number of growers to plant other crops instead. The rubber price in the province is currently 3,000-3,500 kip per kilogramme, down from 4,000-4,500 kip per kg over the past year, an ...
Thai exports to China facing another fall
China’s economic slowdown continues to hurt Thai exports, with shipments to the country expected to contract for the third straight year in 2016. Aat Pisanwanich, director of the Center for International Trade Studies under the University of the Thai Chamber of Commerce (UTCC), said Thai exports to China ...
India trade with Cambodia, Laos, Myanmar and Vietnam has potential
India’s trade relation with Cambodia, Laos, Myanmar and Vietnam (CLMV) countries has immense potential, and “connectivity” and “economic integration” with regional value chains were crucial in this regard, Union Minister Nirmala Sitharaman said on 12 January. Keep reading ...
Vietnam shares end three-day decline
Vietnamese shares rose on both local markets yesterday, snapping a three-day decline, led by large-cap stocks. The benchmark Vietnam Index on the Ho Chi Minh Stock Exchange rose 1.2 per cent to close at 564.26 points. The southern index dropped 2.9 per cent in the previous ...
SMEs need support to benefit from free trade pacts
Vietnam’s domestic small and medium sized enterprises need close co-operation from public offices in getting information about regulations of free trade agreements for getting more benefits from the agreements. This was suggested by experts at an Asia-Pacific Economic Cooperation (APEC) public-private dialogue. Keep reading ...
Vietnamese companies perform well in Laos
Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...
Rice exports miss the mark again
Five years after setting out an ambitious 1 million-tonne milled rice export target, Cambodia’s rice sector fell well short of the mark last year, exporting close to 550,000 tonnes, with industry experts cautiously optimistic over export increases in 2016. The Agriculture Ministry’s report, released on 8 January, ...
China starts rice imports from Laos
The first shipment of rice imports from Laos have passed through inspection and quarantine procedures at south China’s Shenzhen port, according to local authorities. The shipment weighed 87.8 tonnes and was valued at 746 million U.S. dollars, said the Shenzhen Entry-Exit Inspection And Quarantine Bureau. Keep reading ...