vn01
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Vietnam: Labor issues may hinder EVFTA signing

HCMC – The EU-Vietnam Free Trade Agreement (EVFTA) may not be signed as soon as expected because Vietnam has yet to address key labor issues, the International Labor Organization (ILO) told the media in HCMC yesterday (January 14). ILO Country Director for Vietnam Chang Hee Lee said that the EVFTA might go before the European […]

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Indonesia posts historic $8.57 billion deficit

Indonesia’s full-year trade balance hit a deep deficit of US$8.57 billion in 2018. The figure was the largest deficit recorded since 1975 and a stark contrast to the results in 2017 and 2016, when the trade balance recorded surpluses of $11.84 billion and $9.48 billion, respectively, Statistics Indonesia (BPS) said on Tuesday. Annual exports went […]

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Laos: Party adopts nine urgent measures to drive economy

The Central Committee of the Lao People’s Revolutionary Party recently adopted core and urgent measures to drive the macro economy which is currently encountering some difficulties. New state investment must focus only on projects which are economically efficient, except for recovery projects following damage from natural disasters, according to the measures. Urgent action must be […]

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