Wednesday, December 12, 2018 - 12:57:07

ASEAN countries

Vietnamese businesses expand investments abroad

Business

Vietnamese businesses expand investments abroad

Vietnam’s businesses have so far registered to invest in 440 projects with a total capital of over 6.8 billion USD in 49 nations and territories, reports the Foreign Investment Agency (FIA).

In the first eights months of the year, Vietnamese businesses registered to invest 2.1 billion USD in projects outside Vietnam, said the FIA under the Ministry of Planning and Investment at a recent meeting.

Vietnamese businesses expand investments abroad

Business

Vietnamese businesses expand investments abroad

Vietnam’s businesses have so far registered to invest in 440 projects with a total capital of over 6.8 billion USD in 49 nations and territories, reports the Foreign Investment Department.

In the first eights months of the year, Vietnamese businesses registered to invest 2.1 billion USD in projects outside Vietnam, said the department under the Ministry of Planning and Investment at a recent meeting.

Exports down, imports up

Business

Exports down, imports up

The export growth of almost all commodities in August fell sharply or made no headway after last month’s slight recovery.

According to the General Statistics Office (GSO), the country’s export turnover in the first eight months reached approximately 37.3 billion USD, representing a year-on-year decrease of 14.2 percent. All staple commodities experienced strong falls in export revenues.

10-billion USD ASEAN-China fund proposed

World

10-billion USD ASEAN-China fund proposed

China has proposed the establishment of a 10-billion USD fund to foster China-ASEAN trade and investment ties and support regional countries’ efforts to cope with future economic crises or difficulties.

Thailand to pump more investment in Vietnam

Business

Thailand to pump more investment in Vietnam

Thailand’s Ministry of Commerce Spokesman said on August 14 that Thai investors are getting more interested and will invest more in Vietnam as the country could become a strong base for production for ASEAN in the future.

JICA, ASEAN okay animal disease control information network

Society

JICA, ASEAN okay animal disease control information network

The Japan International Cooperation Agreement (JICA) has reached a cooperation agreement with six ASEAN countries on the establishment of animal disease control information network by the end of this year, according to Myanmar ’s local weekly Yangon Times on August 10.