High import duties on foreign cars and unfavorable policies on the domestic auto industry are leaving few affordable options for car buyers in Vietnam. A Hyundai i10 sedan imported from India arrives in Vietnam at the average price of only VND84 million (US$3,750), according to Hyundai-Thanh Cong, the authorized dealer of the South Korean carmaker […]
Read MoreRice prices in Thailand advanced this week following a deal with the Chinese government, while markets slowed in India and Vietnam, traders said on Thursday. In Thailand, the world’s second biggest rice exporter, benchmark 5-percent broken rice RI-THBKN5-P1 edged up to $357-$360 a tonne, free-on-board (FOB) Bangkok, from $355-$360 last week. “Prices went up on […]
Read MoreTourism revenue is expected to continue growing this year, but high growth could mean greater risks to the economy, warns a senior ministry official. Pongpanu Svetarundra, permanent secretary of the Tourism and Sports Ministry, said tourism revenue is expected to account for 17-18% of the country’s GDP this year, compared with 17.7% a year earlier […]
Read MoreVietnamese small-and medium-sized enterprises are keen to explore investing in Myanmar, according to the Cong Thuong (Industry & Trade) newspaper. Vietnam is among the top 10 foreign investors in Myanmar, with nearly 80 businesses pouring in investment worth US$1 billion in the host country. Major companies such as Hoang Anh Gia Lai, Bank for Investment and Development […]
Read MoreMore than 30 small and medium enterprises (SMEs) from Thailand came to Cambodia this week to explore business prospects and investment opportunities. A delegation of 32 SMEs, led by chairman of the Thailand-Cambodia Business Council Chanitr Charnchainarong, met with Commerce Minister Pan Sorasak and discussed potential opportunities for cooperation between the two sides. The delegation […]
Read MoreThe Kingdom’s two main ports reported markedly slower growth in container traffic last year due to a fall in import traffic, although exports of garments and agricultural products continued to rise, according to newly released port data. Total container throughput at Cambodia’s sole deep-sea port, Sihanoukville Autonomous Port (SAP), amounted to 400,187 20-foot-equivalent units, or […]
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