Indonesia to expand social aid, incentives for businesses World

Indonesia to expand social aid, incentives for businesses

The Indonesian Government is planning to expand its social aid programme and incentives for micro, small and medium enterprises (MSMEs) in an effort to boost consumer spending and revive the economy in the second half of this year.
Thailand adjusts rice strategy to improve competitiveness World

Thailand adjusts rice strategy to improve competitiveness

Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit has pledged to speed up adjustment of the country’s rice strategy as quickly as possible as the industry is facing an array of challenges, including a strong baht and rising production costs.
Public debt of Laos predicted to increase amid COVID-19 World

Public debt of Laos predicted to increase amid COVID-19

The public debt of Laos may increase to as much as 65 to 68 percent of its gross domestic product (GDP) in 2020 following a sharp fall in national revenue collection alongside an increase in loans due to the COVID-19 pandemic, Vientiane Times reported.
Wood, wooden product exports rise 6.2 pct. Business

Wood, wooden product exports rise 6.2 pct.

Wood and wooden product exports hit 1.05 billion USD in July, bringing the figure to 6.09 billion USD in the first seven months of this year, a year-on-year rise of 6.2 percent, the Ministry of Agriculture and Rural Development (MARD) has revealed.
Cashew nut exports up 1 percent in H1 Business

Cashew nut exports up 1 percent in H1

Despite the difficulties posed by the COVID-19 pandemic, Vietnam’s cashew exports in the first half of the year increased by 16 percent in volume year-on-year and 1 percent in value to 232,000 tonnes and nearly 1.53 billion USD, according to the Vietnam Cashew Association (VINACAS).
EVFTA smooths the way for Vietnamese farm produce Business

EVFTA smooths the way for Vietnamese farm produce

The EU-Vietnam Free Trade Agreement, at its core, aims to liberalise both tariff and non-tariff barriers on key exports of both sides over a period of 10 years. For Vietnam, tariff eliminations will benefit key export industries, including agricultural products such as rice, seafood, and coffee, among others. Localities with key export items are now confident of tapping into the opportunities.
Vietnam works to boost longan exports to China Business

Vietnam works to boost longan exports to China

Vietnamese Deputy Minister of Agriculture and Rural Development Le Quoc Doanh on August 5 worked with Commercial Counsellor of the Chinese Embassy in Vietnam Hu Suo Jin to boost exports of farm produce, especially longan, to China.
Vietnam receives positive global exports outlook Business

Vietnam receives positive global exports outlook

Vietnam is expected to continue growing its share of global exports despite decline amid the resurgence in the COVID-19 pandemic after three months of no local transmissions, according to an HSBC report.
Binh Duong’s wood exports up slightly in first half Business

Binh Duong’s wood exports up slightly in first half

Wood and wooden product exports in the southern province of Binh Duong hit more than 1.7 billion USD in the first half of 2020, up 0.6 percent year-on-year and accounting for 14.5 percent of the local total export value of 11.9 billion USD.