The Hanoitimes – Vietnam’s trade turnover is likely to reach US$489.1 billion in the January – November period, representing an increase of 3.5% year-on-year. Vietnam earned an estimated trade surplus of US$600 million in November and consequently an all-time high surplus of US$20.1 billion in the January–November period, the General Statistics Office (GSO) has said in […]
Read MoreThe Thai-Chinese Chamber of Commerce on Monday revealed that around 44.1 per cent of respondents in its latest survey projected the Thai economy would grow next year at less than 2.5 per cent, while 41.3 per cent forecast growth of 2.5-3.5 per cent. Chamber president Narongsak Putthapornmongkol said the survey on confidence in the Thai […]
Read MoreMANILA, Philippines — Economic outlook for Asia-Pacific countries, including the Philippines, is starting to “stabilize” after months of turmoil brought by the coronavirus pandemic, but uncertainty remains “unusually high” at this point, international debt watcher S&P Global Ratings said Monday. What has changed since the outbreak began engulfing economies in the past three quarters is […]
Read MoreThe Hanoitimes – The total number of newly-registered and reinstated enterprises in the eleven-month period reached 165,100, up 0.9% year-on-year, averaging 15,000 per month. Vietnam’s successful realization of the dual target in containing the Covid-19 pandemic and boosting economic recovery has led to further increase in new business formation by 7.3% month-on-month in November and 6.7% […]
Read MoreThailand recorded a current account surplus of $0.99 billion in October after a surplus of $1.31 billion the previous month, the Bank of Thailand said on Monday. Exports, a key driver of growth, fell 5.6% in October from a year earlier after September’s 4.2% drop. October’s imports declined 12.1% from a ye Source: https://www.bangkokpost.com/business/2027751/oct-exports-fall-5-6-y-y-trade-surplus-narrows
Read MoreThe Indonesian government is expecting to finish the ratification of the comprehensive economic partnership agreement with Iceland, Lichtenstein, Norway and Switzerland early next year in a bid to attract investment from those countries amid the COVID-19 crisis. After seven years of negotiations, the agreement between Indonesia and the European Free Trade Association (EFTA) member countries, called […]
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