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Thailand: MoU slate to bring Chinese into EEC

The government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme.  “The aim is to connect the EEC to China’s One Belt, One Road initiative,” Industry Minister Uttama Savanayana said, referring to the scheme to link southern China with Southeast Asia […]

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Vietnam: Vingroup to raise US$400 million by selling shares to Hanwha Asset Management

The Hanoitimes – Vingroup – Vietnam`s largest privately-run conglomerate – is expected to increase its charter capital by VND840 billion (US$36.08 million) to VND32.75 trillion (US$1.4 billion) after the share issuance. Vingroup expects to raise VND9.32 trillion (US$400 million) by issuing preference shares to Hanwha Vietnam Opportunity Private Fund 1 under Hanwha Asset Management, an affiliate […]

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Transparent incentive policies needed to lure more foreign investors into Vietnam

The Hanoitimes – Lawmakers should detail conditions, criteria and procedures for investors to benefit the country’s investment incentives, aiming to ensure the implementation of the policy more transparently and effectively. According to the Chamber of Commerce and Industry of Vietnam (VCCI), the government has so far issued some investment preferential policies, but it hasn’t detailed conditions, […]

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Thai trade with FTA partners rises 14%

Thailand’s trade with free-trade agreement (FTA) partners rose by 14.2% year-on-year in the first half of the year.  Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the trade value between Thailand and 17 trading partners under the 12 effective FTAs amounted to UScopy48.2 billion, with exports contributing $73.79 billion, up 13.3% year-on-year, with imports valued […]

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