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Vietnam: Businesses ramp up production after Tet

Companies are determined to leave the difficult year of 2021 behind and aim for higher goals in 2022. After a week-long Tet, many businesses have turned their focus on ramping up production for a speedy recovery in the post-pandemic period. Standing alongside the production line at full capacity, General Director of Thinh Long Intra Bui […]

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Cambodia: GDT gears up to block unregistered companies’ electronic transactions

The General Department of Taxation of the Ministry of Economy and Finance has sought cooperation from 49 Internet companies in Cambodia to block electronic transactions should those enterprises are not registered. The announcement was made during a meeting with 49 internet service providers in Cambodia on the implementation of VAT on e-commerce transactions yesterday chaired […]

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Laos Records USD 1 Billion Trade Surplus in 2021

Laos recorded a trade surplus of USD 1 billion in 2021, with the country’s overall imports and exports, excluding power exports, totaling USD 13 billion. Xinhua reports that throughout 2021, exports were valued at about USD 7 billion, while imports were valued at USD 6 billion, citing information from the Lao Trade Portal. Major exports […]

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Trade between Brunei, Malaysia up 70.4 per cent

The bilateral trade between Brunei Darussalam and Malaysia increased by 70.4 per cent to MYR8.03 billion (USD1.93 billion) in 2021 from MYR4.71 billion (USD1.12 billion) in 2020. The total exports from Malaysia to the Sultanate increased by 108.1 per cent to MYR5.78 billion (USD1.39 billion) in 2021, from MYR2.78 billion (USD0.66 billion) the previous year. […]

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Philippines: Factory output recovers in 2021

MANILA, Philippines — The country’s manufacturing output continued to improve, although still at a slower pace in December, bringing full-year 2021 growth to a significant recovery from a decline a year earlier. Factory output, as measured by the Volume of Production Index (VoPI), went up by 17.9 percent in December, slower than the 25.8 percent […]

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