Cambodia: Flooding forces 40 garment factories to suspend operations World

Cambodia: Flooding forces 40 garment factories to suspend operations

Seventy-nine garment factories in Kampong Speu and Kandal provinces and Phnom Penh have been affected by flooding, and at least 40 of them have temporarily suspended their operations, the Phnom Penh Post quoted the Ministry of Labour and Vocational Training spokesman Heng Sour as saying.
Greater efforts needed to tackle bad debts: Experts Business

Greater efforts needed to tackle bad debts: Experts

The Government has directed the State Bank of Vietnam (SBV) to add non-performing loan (NPL) settlement regulations under Resolution No.42/2017/QH14 into the revised Law on Credit Institutions, SBV Deputy Governor Nguyen Kim Anh has said.
Vietnam’s imprint on French photo festivals Society

Vietnam’s imprint on French photo festivals

In early 2020, photographer Ly Hoang Long sent 2 collections called "Mud wrestling" and "12-lamp ceremony" to compete in the "Chemins de Photos" festival (Photography path) at L'aude, southern France without much expectation. His both collections were in the top 10 out of 150. "Mud wrestling" was even ranked 4th out of 150.
Tourism industry needs support Travel

Tourism industry needs support

The Ministry of Culture, Sports and Tourism has asked Prime Minister Nguyen Xuan Phuc for urgent support for tourism businesses impacted by the second wave of COVID-19.
Hesitation slows down SOE equitisation Business

Hesitation slows down SOE equitisation

Despite numerous efforts of the Government in speeding up the equitisation of State-owned enterprises, some ministries, sectors, localities and economic groups have showed ineffective performance in the work, thus slowing down the progress of the scheme.
Vietnam calls for peaceful dialogue to restore stability in Mali World

Vietnam calls for peaceful dialogue to restore stability in Mali

Vietnam supports efforts made by the United Nations (UN), the African Union (AU), the Economic Community of West African States (ECOWAS) and the international community in promoting dialogue to achieve peaceful solutions between stakeholders, bringing the situation in Mali back to normal, said a Vietnamese diplomat.
Seafood exports increase after EVFTA comes into effect Business

Seafood exports increase after EVFTA comes into effect

The Vietnam Association of Seafood Exporters and Producers (VASEP) has said that seafood exports to Europe have seen many positive signs since the EU-Vietnam Free Trade Agreement (EVFTA) came into effect at the beginning of this month.
EU partially withdraws tariff preferences to Cambodia under EBA World

EU partially withdraws tariff preferences to Cambodia under EBA

Cambodia’s annual 7-billion-USD garment and textile sector is expected to suffer losses from the European Union (EU)’s partial withdrawal of the tariff preferences granted to the Southeast Asian country under the Everything But Arms (EBA) trade agreement from August 12.