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Bringing farm produce abroad: Role of overseas Vietnamese is significant

Vietnam’s agricultural products are expected to succeed in choosy markets one day with combined efforts of overseas Vietnamese. “I always think about the current status of Vietnamese agricultural products in the international market, unlike Japanese, South Korean, and Israeli items, which are holding sway on supermarket shelves around the world.” Vietnam’s Minister of Agriculture and […]

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Thailand: Department upbeat on negotiations

The Trade Negotiations Department targets concluding the negotiation framework on a free trade agreement (FTA) with the EU this year and wrapping up FTA negotiations with Turkey and Pakistan. The department also aims to finish an information paper on the scope of the proposed FTA with the European Free Trade Association (Efta) next month. Efta comprises […]

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Laos Reduces VAT to Support Hard-hit Economy

Laos has lowered its value-added tax (VAT) rate as part of the government’s post-Covid-19 economic recovery efforts. Under new regulations issued in December, the standard VAT rate has been reduced from 10 percent to seven percent, while also providing for more business activities that are exempted from VAT. Minerals and power-related activities will also now […]

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RCEP and its impact on Philippines

ON Nov. 15, 2020, Association of Southeast Asian Nations (Asean) member states and its dialogue partners signed the Regional Comprehensive Economic Partnership (RCEP) agreement that is considered as the largest free trade deal in the world. The agreement is an economic treaty brokered by the Asean, of which the Philippines is a member, and its […]

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Thailand: TAT unveils ambitious goals

The Tourism Authority of Thailand (TAT) is rolling out plans to target both the international and domestic markets despite a tepid start because of the threat from the Omicron variant. TAT governor Yuthasak Supasorn said Thailand needs to turn crisis into opportunity and use tourism to help transform the country after the outbreak. He said […]

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