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Vietnam’s rice exports hit a record high

Vietnam’s rice remains favorite in the international market despite fierce competition. Vietnam exported nearly 4.2 million tons of rice during the first seven months of 2022, representing an increase of over 20% year-on-year, according to the Ministry of Agricultural and Rural Development (MARD). “Despite fierce competition, Vietnamese rice products continue to be among the favorites […]

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Business sector preps Apec proposals

Key business people are preparing to propose five-point recommendations, including the long-delayed Free Trade Area of the Asia-Pacific (FTAAP), which is part of regional economic recovery plans, to 21 leaders of the Asia-Pacific Economic Cooperation (Apec) when they meet in Bangkok later this year. The recommendations are based on a series of meetings of the […]

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Thailand: Weaker dollar, gold sell-offs bolster baht

The baht opened at 35.82 to the US dollar on Friday, strengthening from Thursday’s close of 36. The currency is expected to move between 35.70 and 36 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht might swing sideways or strengthen more than investors expect due to the weakening of […]

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