News

Vietnam's customs sector urged to further cut procedure time

Vietnam’s customs sector should build on the positive outcomes in the past two years and further reduce procedure processing time, an official told a workshop in Hanoi on 11 August, adding that a one-day reduction in customs clearance time in cross-border trade could save the economy ...

Malaysia to open trade and industry office in Vietnam

The Malaysian Ministry of International Trade and Industry will open a representative office in Hanoi latter this year to embrace economic links with Vietnam.   Minister Mustapa Mohamed made the announcement to reporters after his attendance at a dialogue with members of the ASEAN Business Club.   Keep reading ...

Yuan devaluation seen reigniting currency wars in Asia

A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997, amid signs the US will raise interest rates for the first time in a decade. The People’s Bank of China’s cut ...

About 71% of businesses satisfied with Vietnam's tax procedures reform

The Vietnam Chamber of Commerce and Industry and General Department of Taxation, under the Ministry of Finance, revealed a report on the satisfaction of businesses with the tax administrative procedures reform in 2014 in Hanoi on 11 August. Keep reading ...

Vietnam widens dong’s trading band after China devalues yuan

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...

The labeling problem in Southeast Asia's refugee crisis

In the ‘crisis’ involving the displaced Rohingya people in Southeast Asia, the preferred institutional label is “irregular migrants.” It is a term which implies that migration is well-regulated, which is not the case in South East Asia.  The ‘labeling’ or construction of identities of social groups ...

Port Hope charity brings clean water to 10,000 people in Laos

After six years working in the southeast Asian country of Laos, a local charity has provided 10,000 people with access to clean water. Adopt a Village in Laos, a charity based in Port Hope and founded by resident Steve Rutledge, works to bring water filtration systems ...

Mekong Delta's largest waste water facility opens

A new waste water treatment plant, the largest of its kind in the Mekong Delta, was put into operation on Saturday in Tra Noc Industrial Park in Can Tho, Vietnam. At the completion of the first phase of the project, the new waste water treatment facility can ...

Rice destined for Myanmar's flood-hit areas

A local trading firm has donated 85 bags of rice valued at K2 million to Myanmar Red Cross Society for distribution to families affected by recent flooding. Lucky Family Trading handed over the rice on 8 August at MRCS headquarters in Botahtaung township.  Keep reading ...

UN 'appalled' by Thailand's record jail terms for royal defamation

The United Nations on 11 August denounced “shockingly” long prison terms imposed by Thailand for insulting the monarchy and urged authorities to amend the law and release those convicted. Thai military courts on 7 August jailed two people for insulting the monarchy, one for 30 years and the ...

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