The Hanoitimes – A number of foreign-invested firms have falsely labeled their products as originating from Vietnam to avoid trade safeguard instruments amid the US-China trade war. Vietnamese authorities are keeping close watch on investment shift from foreign countries, especially China, into Vietnam to prevent product origin fraud and illegal transshipment. According to Au Anh Tuan, […]
Read MoreSalary growth of 5% is forecast in Thailand in 2020, slightly below the 5.3% average for all of Asia, according to a study by the organisational consulting firm Korn Ferry. After accounting for an inflation rate of 1.3%, real wage growth in Thailand is forecast at 3.7%. The oil & gas sector is seen as […]
Read MoreThe Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over the Vietnam-Cambodia Business Forum, told The Post on Sunday that it […]
Read MoreMANILA, Philippines — The Philippines is expected to see improvements in the outbound shipment of nickel ore next year as the country benefits from the Indonesian ban on the export of the mineral. The Philippine Nickel Industry Association (PNIA) said nickel direct shipping ore for 2020 will likely exceed the 39 wet metric tons (WMT) […]
Read MoreBlackmores, the distributor and marketer of branded vitamin and nutritional supplements, expects sales this year to grow by a single-digit rate for the first time in several years. Pussadee Suchitchon, the company’s country manager, said that in the best case, sales of Blackmores at drug, health and beauty stores in Thailand are likely to grow […]
Read MoreJapanese firm Nippon Koei has announced its intention to invest in Cambodia’s silk industry. The plan was unveiled during a meeting last week between Cambodia’s Agriculture Minister Veng Sakhon and Tamura Tsutomu, general manager of Nippon Koei. Mr Tsutomu said his company is interested in investing in silk production in the Kingdom having learned that […]
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