Industries
Textilers hitch their wagon to US market
If one asks which local sector has distinguished itself in terms of export quality and quantity to the US market over the past two decades, the textile and garment industry is most likely the obvious answer.According to statistics from the US Office of Textile and ...
Shrimp exports to S Korea to rise
Exports of Việtnamese seafood products to South Korea are expected to increase strongly this year thanks to the free trade agreement between the two countries that took effect last December, according to the Korea Fishery Trade Association. Under the FTA, Korea has committed to clear taxes ...
Private sector urged to take advantage of investment tax incentive in second half
The Thai Finance Ministry on 1 June urged the private sector to begin making serious investments in the second half before the double tax deduction for expenses is discontinued by year-end. The ministry has amended the conditions for the double deduction, allowing projects that might not ...
Part suppliers ask for more funding
A shortage of capital support for the part supplying industry is hindering the development of the sector, which is crucial for the country’s economic development, participants at a forum said. Financial expert Cấn Văn Lực said funds that supported small- and medium-sized enterprises, science and technology ...
Vietnam hopes for deepened ties with Japan: PM
Prime Minister Nguyen Xuan Phuc expressed hope that his visit to Japan from May 26-28 will create new impetus to further strengthen the relationship between Vietnam and Japan, in the interests of the two countries’ people, and for peace, stability, cooperation and development in the ...
Agro, food to spearhead Betagro
Betagro group is consolidating six business units into two to allow the agribusiness and food group to play a more prominent role in the regional and world markets. The six old business units were food, swine, poultry, regional, feedmill and animal health. The two new core ...
Luang Prabang sees unexpected dip in tourism growth
Director of the Luang Prabang provincial Department of Information, Culture and Tourism, Mr Onechan Souvannalit, said on 25 May that much more needs to be done in terms of marketing and creating confidence among international tourists, to encourage them to visit the World Heritage town. Tourists mainly ...
Sihanoukville is top choice for Russia flight plan
Regularly scheduled direct flights between Cambodia and Russia proposed by Prime Minister Hun Sen last week in Moscow might land in the coastal town of Sihanoukville, an official said on 23 May. “In the meeting, the Russian prime minister pushed for a direct flight from Russia ...
Public had no say in Tak SEZ, NHRC finds
The National Human Rights Commission will report to the government after its investigation on 23 May into alleged human rights violations in the Tak Special Economic Development Zone. Its conclusion was that the main problem in the dispute was the lack of opportunity for public involvement in the ...
Insurance industry encouraged to make preparations for TPP, AEC
The Trans Pacific Partnership and ASEAN Economic Community are expected to offer more market opportunities for insurance companies in Viet Nam, but will also present tough challenges in a more competitive international environment. “The current Vietnamese insurance market is facing many disadvantages and hasn’t met its ...
