VIENTIANE: The Regional Comprehensive Economic Partnership (RCEP) agreement could bring great economic development opportunities to the region and the agreement is very beneficial for Laos, said Daovone Phachanthavong, the vice executive president of the Lao National Chamber of Commerce and Industry (LNCCI). Being part of the agreement would provide more market opportunities for Laos to expand production for export […]
Read MoreVietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9. Hanoi (VNA) – Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on […]
Read MoreMANILA, Philippines — The peso may depreciate further to 52 to $1 by the third quarter with the hawkish stance of the US Federal Reserve and the country’s widening current account shortfall, according to DBS Bank Ltd. of Singapore. Philip Wee, foreign exchange strategist at DBS, said the door is open for the local currency […]
Read MoreBut it shall eventually catch up with growth, supported by the inflows of domestic revenue and investment to Cambodia, says National Bank of Cambodia (NBC) The year 2022 will be anything but bullish when it comes to the construction and real estate sector in Cambodia but it shall eventually catch up with growth, supported by […]
Read MoreTourism was not the only industry relieved when Thailand reopened its borders to foreigners on Nov 1 last year, with automakers also applauding the move to welcome back international visitors. The reopening was supported by the Federation of Thai Industries (FTI). Its automotive club believes the reopening, along with government promotion of electric vehicle (EV) […]
Read MoreVietnam’s ST25 rice is at risk of losing its brand in the US and Australia. The case shows that brand protection is important for local businesses to escape the “village pond” and reach out to the big sea. CEO Nguyen Ngoc Luan still vividly remembers the days when his Meet More coffee brand almost fell […]
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