Thailand boosts cross-border trade, G2G rice deals ASEAN

Thailand boosts cross-border trade, G2G rice deals

The new director-general of the Thai Ministry of Commerce’s Department of Foreign Trade, Ronnarong Phoolpipat, said on October 3 that he will give priority to promoting cross-border trade and government-to-government (G2G) rice deals with China to serve economic recovery post COVID-19.
Thailand’s cross-border trade forecast to increase by 5% World

Thailand’s cross-border trade forecast to increase by 5%

Despite slower economic growth in neighbouring countries and zero-COVID measures in China, Thailand's cross-border trade is still expected to grow by at least 5% this year to 1.8 trillion THB (49.24 billion USD), driven by greater demand for gasoline, edible oil, tyres and auto parts.
Vietnamese, Chinese communist party officials hold talks Politics

Vietnamese, Chinese communist party officials hold talks

Head of the Communist Party of Vietnam (CPV) Central Committee’s Commission for External Relations Le Hoai Trung held an online talks with Liu Jianchao, head of the International Liaison Department of the Communist Party of China (CPC) Central Committee on July 6.
SMEs to increase online exports Business

SMEs to increase online exports

Many small and medium-sized enterprises (SMEs) plan to increase cross-border trade for their products via e-commerce platforms to promote exports in the context of the COVID-19 pandemic.
Thailand’s cross-border trade projected to grow 9 percent this year World

Thailand’s cross-border trade projected to grow 9 percent this year

The Thai government expects cross-border trade to expand by as much as 8-9 percent this year, propelled by the global economic recovery, baht weakening, and ongoing efforts by the Commerce Ministry to speed up the reopening of border checkpoints, as well as cooperation with the private sector.
HDBank offers incentives for online foreign traders Business

HDBank offers incentives for online foreign traders

the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) is cooperating with e-commerce giant Amazon to facilitate cross-border trade with a number of support policies, according to a representative of the bank.
Thailand optimistic about cross-border prospects in 2021 World

Thailand optimistic about cross-border prospects in 2021

The Thai Government has become more optimistic about the country's cross-border trade prospects in 2021 after overall cross-border trade, including transit trade, recorded healthy growth of 31.2 percent in the first eight months.
Customs clearance time for exports shortens Business

Customs clearance time for exports shortens

The average duration for customs clearance for exports last year stood at 38.4 hours, a decline by 57.38 hours compared to 2019, according to a survey of an inter-sectoral working group.
Vietnam asks China’s Guangxi to facilitate cross-border trade Business

Vietnam asks China’s Guangxi to facilitate cross-border trade

Vietnam has proposed China’s Guangxi Zhuang Autonomous Region to provide all possible conditions for cross-border trade during a video teleconference between Minister of Industry and Trade Nguyen Hong Dien and Party Secretary of Guangxi Zhuang Autonomous Region Lu Xinshe earlier this week.