The Hanoitimes – Vietnam’s rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10. Vietnam moved up three places to 8th in the top 10 countries of the Emerging Markets Logistics Index 2021 by Agility, one of the […]
Read MoreMANILA, Philippines — Cryptocurrency transactions are expected to soar further this year after a five-fold increase in 2020 due mainly to the surge in the price of Bitcoins, as well as the broadening of regulations amid the evolving nature of the financial innovation, according to the Bangko Sentral ng Pilipinas (BSP). The value of transactions […]
Read MoreThailand’s cross-border trade is expected to recover to growth of 3-6% this year, helped by Covid-19 vaccine distribution and the global economic recovery. According to Keerati Rushchano, director-general of the Foreign Trade Department, cross-border trade, which includes transit trade, is likely to generate 1.36 to 1.40 trillion baht, up from 1.31 trillion baht in 2020. […]
Read MoreCambodia expects to break ground on a second frontier “model market” by the end of this year, this time near the Prek Chak International Border Checkpoint that links Kampot province to Vietnam’s Kien Giang province, according to Minister of Commerce Pan Sorasak. Sorasak unveiled plans for the market following a February 27 inspection of its […]
Read MoreThe Vietnamese e-commerce market is forecast to continue to boom in 2021, with revenue surpassing last year’s figure. A report by the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade showed that with 53 per cent of the population participating in online shopping, the e-commerce market in Vietnam grew […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) exceeded its excise tax collection target from tobacco in February after Japan Tobacco International (JTI) Philippines more than doubled the amount of taxes paid during the review period. In a report to the Department of Finance, Internal Revenue Deputy Commissioner Arnel Guballa said excise tax collections […]
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