Economy and commerce
Trade
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, ...
Cambodia's business rankings edge up
Cambodia improved its ranking for the ease of doing business from 133 last year to 127 in 2015, making marked progress in the number of days and procedures required to start a business, though it is still ranked well below the world average, according to ...
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 ...
World Bank drops post-coup Thailand's business ranking
Post-coup Thailand barely retained its position among the World Bank’s top 50 economies worldwide and has ranked third among ASEAN countries on the ease of doing business during the past year. In its annual Doing Business 2016: Measuring Quality and Efficiency survey, Thailand fell three places from the ...
Vietnam mulls new import tariff on alloy steel after fraud warning
Vietnam’s Ministry of Finance is considering changing a tax regulation following concerns that the rule has been abused by Chinese exporters to ship a large amount of steel to Vietnam without paying duties. Currently imported steel with at least 0.3 percent of chrome content will be exempt ...
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 ...
Singapore, Malaysia among biggest investors in Vietnam: report
Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of $56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported. The cumulative investment figure was recorded at the end of September and was up 8.6 percent from ...