The Hanoitimes – Google is considering procedures to set up a representative office in Vietnam on the basis of compatibility between local and international laws. Deputy Prime Minister Hue is confident that Vietnam gathers favorable conditions for Google to set up its representative office in the country, the governmental portal reported. In a meeting with Senior […]
Read MoreLocal exporters have voiced concern over new customs regulations in Vietnam that require the submission of phytosanitary certificates for agricultural and livestock transshipments, arguing that they represent a significant barrier to trade. According to a circular issued by the Vietnamese Ministry of Agriculture and Rural Development, agricultural goods and livestock being shipped to a third […]
Read MoreVIENTIANE TIMES/ANN: Local clothing manufacturers are encountering ongoing hurdles to survive and thrive, according to the Association of the Lao Garment Industry. Customers want quality products and the manufacturers hold little power to bargain as their costs rise while the prices received remain constant, the association’s president Xaybandith Rasphone pointed out at the eighth general assembly […]
Read MoreKUALA LUMPUR: Malaysia is well on its way to cross the threshold into high-income and developed country status in the coming years, said the World Bank. In a statement issued on Wednesday, Vice President for East Asia and Pacific Victoria Kwakwa said Malaysia’s economy was well-diversified and stood on solid foundations, which are primed to […]
Read MoreKUALA LUMPUR: Malaysia’s industrial output rose by a stronger-than-expected 4.2% in October, exceeding a Bloomberg survey of a 3%. The Statistics Department said on Wednesday the industrial production index’s (IPI) increase by 4.2% from a year ago supported by the increase in all indices. As for manufacturing, its output rose by 5.4%, electricity (2.1%) and […]
Read MoreHANOI: In the race to lure companies looking for alternative sites amid the U.S.-China trade war, Vietnam wields a slew of advantages over its rivals. Vietnam was ranked No. 1 among seven emerging Asian countries as manufacturing destinations by Natixis SA, which looked at demographics, wages and electricity costs, rankings in doing business and logistics, and manufacturing as a share of […]
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