The Hanoitimes – The 16-nation trade deal, which includes major economies such as India and China, would make up nearly 50% of the world’s population, about 30% of global GDP and 28% of total trade turnover. The world’s biggest trade deal Regional Comprehensive Economic Partnership (RCEP) would likely be signed in 2020 in Vietnam, according to […]
Read MoreExporters are maintaining their forecast for outbound shipments to contract by 1.5% this year, blaming the world’s slowing economy, the protracted trade war and the stronger baht. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, said the US suspension of trade preferences for Thailand under the Generalized System of Preferences (GSP) has added to […]
Read MoreBusinesses from China, Thailand, Korea and Japan, including those from the power and logistics sectors, have said they are keen to invest in the Dawei Special Economic Zone (SEZ) in Tanintharyi, which is near the Thai border. Investor interest in Dawei, which has yet to be developed, has been on the rise since Myanmar and […]
Read More[JAKARTA] Indonesia’s October annual inflation rate slowed more than expected to the lowest level in six months, but remained within the central bank’s comfort range, data from the statistics bureau showed on Friday. The annual inflation rate slowed to 3.13 per cent in October from 3.39 per cent in September, the bureau said, compared with […]
Read MoreThe Hanoitimes – From Vietnam, which has signed many FTAs that are beneficial for companies like GAZ in the country, GAZ can export vehicles to other Southeast Asian countries. Russia’s GAZ Group will start to assemble vehicles in Vietnam, according to Maxim Akimov, head of the Russian Intergovernmental Commission of the Russian Federation and Vietnam on […]
Read MoreThe Bank of Thailand is optimistic that the country’s economic growth momentum in the final quarter is gathering pace, propelled by private consumption amid a raft of stimulus packages, public and private investment, and tourism strength. State investment in big-ticket infrastructure projects and the Eastern Economic Corridor (EEC) is expected to “crowd in” private investment […]
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