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Vietnam-Laos trade records impressive growth in 2022

Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of their leaders at the 44th meeting of the Vietnam – Laos Inter-Governmental Committee on Bilateral Cooperation earlier last year. Vientiane (VNA) – Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the […]

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Cambodia aims at more FTAs to boost economic growth

The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products. Arab Emirates, India, Japan, Eurasian Economic Union (EAEU), Canada and American Latin countries are on the list for the Kingdom named for two-way FTA negotiation talks, said Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy […]

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Vietnam: Challenges for banks ahead

Many banks might have recorded positive profit growth in 2022. But challenges are awaiting them this year given negative factors such as high interest rates and bad debt. Rising interest rates On January 5, 2023, VietinBank said it was looking to obtain VND19.45 trillion in pre-tax profit in 2022, up 15.4% from 2021. At its […]

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Thailand: Customs clarifies inspection policy

Customs Department deputy director-general Phantong Loykulnanta has emphasised customs officials will not conduct personal inspections of arriving foreign tourists at airports, even if they are carrying or wearing multi-million-baht personal items. He said this policy aligns with the country’s reopening. Mr Phantong said it is the department’s policy to make life convenient for tourists and not […]

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