vn01
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Foreign investors pursue more indirect investments in Vietnam

The Hanoitimes – Foreign investors are stepping up their indirect investments in Vietnam through capital contribution and stake acquisition of local firms instead of making direct investments as in recent years. Reports from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) showed that foreign investors conducted 4,551 transactions to contribute funds and acquire shares […]

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Philippines: Government to harmonize tariff codes

MANILA, Philippines — The Department of Finance (DOF), together with various trade regulatory government agencies (TRGAs), will harmonize the tariff codes used by government to classify goods in order to facilitate trade and improve ease of doing business in the country. Finance Undersecretary and anti-red tape czar Gil Beltran, in a report to Finance Secretary […]

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Indonesia Sees Increasing Tourists Arrival from Malaysia

TEMPO.CO, Jakarta – The Tourism Ministry has revised upward the number of Malaysian touristsvisiting Indonesia this year to 2.6 million from 1.4 million. “In the January-June 2018 period, 1.4 million Malaysians visited Indonesia. Hopefully, the number will increase to 2,670,000 at the end of this year,” deputy assistant of marketing development at the Indonesian Tourism Ministry, Sumarni said on […]

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Thailand: To err is unbankable

Just a month after customer data was reported stolen from Kasikornbank (KBank) and Krungthai Bank (KTB) by unidentified hackers, the local banking sector was dealt another blow on the Aug 31-Sept 1 weekend by an electronic system glitch that lasted several hours, leaving tens of thousands of customers stranded and delaying millions of financial transactions.  The influx […]

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vn01
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“Invisible tariff” in Vietnam reaches 164%: expert

The Hanoitimes – Trade costs in developing countries remain high, mainly due to administrative procedures, according to expert of the Global Alliance for Trade Facilitation (GATF) in Vietnam cited by the government portal. Obsolete trade regulations in associated with non-transparent and inefficient administrative procedures placed a burden on economic growth similar to an “invisible tariff” of […]

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Enterprise Singapore’s Cooperation with Cambodia

Enterprise Singapore, formerly International Enterprise Singapore and SPRING Singapore, is the Singapore Government agency championing enterprise development. Enterprise Singapore works with committed companies to build capabilities, innovate and internationalise. We also support the growth of Singapore as a hub for global trading and start-ups. As the national standards and accreditation body, we continue to build […]

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