Thailand’s food exports are unlikely to see many negative effects from US President Donald Trump’s protectionist trade policies, according to the International Trade Promotion Department. Malee Choklumlerd, the department’s director-general, said yesterday after a workshop on food and crop shipment prospects that the ministry was still confident in its 5% growth target for 2017, up […]
Read MoreThe Amendment of import tax rate and excise duties which has been enforced since the 1st of April was further explained last night during a Dialogue session. The session was attended by 50 individuals from government agencies and local entrepreneurs. The dialogue session provided an opportunity for the business community to raise questions and share […]
Read MoreJapanese supermarket operator Aeon has plans to set up 500 grocery stores in Vietnam by 2025, according to a Nikkei Asian Review report. The firm is preparing to open more small stores in emerging Asian markets like Cambodia, Myanmar and Vietnam. In particular, it aims to raise the number of its stores in Vietnam by […]
Read MoreCredit growth in the first fourth months of the year rose to a six-year high of 4.89 per cent against 3 per cent a year ago, Prime Minister Nguyen Xuan Phuc told the monthly government meeting on May 4. Vietnam’s economic growth slowed to an estimated annual rate of 5.1 per cent in the first […]
Read MoreThe textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Việt Nam Textile and Garment Group (Vinatex) Lê Tiến Trường. Trường made the observation following the sector’s good results in the first quarter thanks to rapid growth from new markets […]
Read MoreInternational commodity prices for cashew nuts are rapidly increasing due to lower supply from Cambodia and Vietnam which is driving up profits for the Kingdom’s farmers, according to industry stakeholders. The shortfalls of cashew supply into the global market have decreased by around 40 percent this quarter due to lower production in Cambodia and Vietnam, […]
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