Vietnam is determined to cooperate with the U.S. in achieving balanced and sustainable trade relations, Prime Minister Nguyen Xuan Phuc told a forum Thursday. The Vietnamese government has made drastic measures to reduce other countries’ trade deficit with it and to prevent export origin frauds, he added. The U.S. Treasury last month labeled Switzerland and […]
Read MoreThe economy could lose as much as 300 billion baht in the first quarter after its largest coronavirus outbreak saw consumer mood sink to a five-month low in December, according to the University of the Thai Chamber of Commerce. The consumer confidence index dropped for the first time in three months to 50.1 in December, […]
Read MoreVietnam’s success in curbing the coronavirus so far is helping the country power ahead in economic growth and attracting funds, foreign investors, experts say. Its strength in containing the pandemic saw it build on the foundations of two free trade agreements signed in 2020, also outpacing peers in luring manufacturers moving production out of China […]
Read MoreThailand’s food exports are expected to manage growth of 2-3% this year despite a fresh surge of infections and reports of growing cases among workers in the food industry. Visit Limlurcha, president of the Thai Food Processors Association, said food export prospects remain promising and are expected to fetch 1.1 trillion baht this year from […]
Read MoreOnline food delivery has seen at least a 30-40% surge in orders following the fresh pandemic wave compared with the normal period, particularly from strictly controlled provinces, according to the segment’s players. Meanwhile, industry newcomer Robinhood, brainchild of Siam Commercial Bank (SCB), is seen to be weighing on the market, currently dominated by foreign players, […]
Read MoreThailand’s GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee’s (MPC) latest edited minutes. The country has been grappling with higher infections since the start of 2021, with stringent restrictions imposed in five provinces […]
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