Trade

Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.   In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as ...

Vietnam’s fruit and vegetables are getting more popular overseas with exports growing 26.5 percent annually, local media reported.    In the January-September period, the revenue was estimated at over $1.4 billion, up 16.5 percent year-on-year.   Keep reading   ...

Laos, Thailand and Malaysia may proceed with a planned cross-border power trade minus Singapore, which had some concerns over the initiative, said Datuk Seri Dr Maximus Ongkili. He said his officers were exploring the possibility for the pilot project, known as the Laos, Thailand, Malaysia, Singapore ...

The rules of origin in FTAs ​​has set high demands that forced Vietnam to consider more active elements of the diversity of markets through restructuring and raising product quality. According to figures from the General Statistics Office, in May 9, 2015, China remains the largest export ...

Thailand should consider joining the Trans-Pacific Partnership because it will create collaboration among ASEAN countries, a banker says. On 5 October, 12 countries reached an agreement on trade liberalisation. Four of them are in the ASEAN region. Deja Tulananda, vice executive chairman of Bangkok Bank, said on 7 October that the ...

The chairman of the Federation of Thai Industries (FTI) is confident that gross domestic product (GDP) will grow by nearly 3 per cent this year from the government’s expected injection of around Bt200 billion into the economy this quarter and the rebound of the tourism sector after ...

Trade ministers from the 12 Trans-Pacific Partnership (TPP) member countries reached final consensus on the world’s largest free trade agreement at Atlanta, the US, on 5 October. After ending negotiations on the TPP deal, all TPP countries will review legal procedures to prepare for the official ...

Twelve Pacific rim countries sealed the deal late 5 October (Thailand time) to create the world’s largest free trade area, with implications for Thailand and for world trade in the 21st century. Working around the clock for days past their deadline, haggard trade ministers announced they reached ...

Just four months ago the World Bank predicted in its Global Economic Prospects report that Myanmar would grow at 8.2pc this year and 8.0pc in fiscal 2017, to become the world’s fourth-fastest-growing economy. However, this outlook took a hit as floods swept the country in July ...

Thailand will trail all ASEAN countries in growth because its open economy and export dependence leave it directly exposed to the global and Chinese slowdowns, according to the World Bank. Thai gross domestic product this year is expected to grow by 2.5 per cent, while the East Asia-Pacific ...