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Vietnam’s registers trade deficit for first time in 2019

The Hanoitimes – Phones and parts recorded the highest export turnover of US$19.9 billion during the five-month period, accounting for 19.7% of total exports and up 3% year-on-year. Vietnam reported an estimated trade deficit of US$1.3 billion in May, leading to a deficit of US$548 million in the five months period while the country had an […]

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Malaysia PM proposes common Asia trading currency

TOKYO (AFP) – East Asia should consider a common regional trading currency based on gold to promote commerce, and free the region from relying on dollar transactions, Malaysia’s prime minister said yesterday. Tun Dr Mahathir Mohamad said the proposed currency could be used for regional trade, but would not replace national currencies for use at the […]

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Myanmar permits 6 local, foreign investment projects

YANGON, May 30 (Xinhua) — Myanmar Investment Commission (MIC) on Thursday permitted six investment projects from both home and abroad, according to the Directorate of Investment and Company Administration (DICA). The commission’s meeting led by Chairman U Thaung Tun approved six projects worth 28.62 million U.S. dollars and 106.4 billion kyats (69.6 million U.S. dollars). […]

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