The two-way trade income between the countries increased by 24 percent in 2022, crossing over USD 1.7 billion. The report stated that the two countries’ industry and trade sectors worked together to organize several trade promotion activities during the year, which helped in increasing bilateral trade. In 2022, Laos imported goods worth USD 656 million from Vietnam, […]
Read MoreAs inflation blows past expectations MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to deliver a higher rate hike this month as inflation blew past expectations, hitting a new 14-year high at 8.7 percent in January from 8.1 percent in December, according to S&P Global Ratings and bank economists. In a report, […]
Read MoreAfter being heavily impacted by the COVID-19 pandemic, textile and garment enterprises have gradually recovered and were one of the key export industries that recorded extraordinary growth rates in the first months of 2022. The profits of Vietnamese textile and garment enterprises were diverse in the fourth quarter, with many big names posting great losses. […]
Read MoreKUALA LUMPUR: The volume index of the wholesale and retail trade Malaysia registered a 9.9 percent growth year-on-year (y-o-y) in the fourth quarter (4Q) of 2022, bringing the overall performance for 2022 to 14.3 percent, the Department of Statistics Malaysia (DOSM) said. Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin attributed the increase to […]
Read MoreCambodia exported a total of 670,000 tonnes of raw cashew nuts worth $1.07 billion last year to the international market, with 98.5 percent of its raw cashew nuts worth $1 billion being shipped to Vietnam. Furthermore, Cambodia’s raw cashew nuts are also one of the main sources for cashew processing in Vietnam. According to details […]
Read MoreThe cabinet approved increasing tax incentives for foreign film shoots in Thailand, aiming to promote shooting and production in the country. Deputy government spokeswoman Traisuree Taisaranakul said the cabinet at its meeting on Tuesday agreed to adjust tax incentives and criteria to promote foreign film shoots in Thailand, as proposed by the Tourism and Sports Ministry. […]
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