China to import more rice from Cambodia World

China to import more rice from Cambodia

Chinese authorities have agreed to speed up the review of applications of 40 Cambodian firms that want to export rice to the Chinese market, according to local media.
Vietnam on right track to lift EC’s yellow card: official Society

Vietnam on right track to lift EC’s yellow card: official

Vietnam has carried out comprehensive measures as recommended by the European Commission (EC) to remove a “yellow card” warning from the commission on Vietnamese seafood, according to Deputy General Director of the Ministry of Agriculture and Rural Development’s Directorate of Fisheries Nguyen Quang Hung.
Eight-month rice exports down Business

Eight-month rice exports down

Vietnam exported about 4.54 million tonnes of rice for nearly 2 billion USD in the first eight months of this year, up 0.3 percent in volume but down 14.9 percent in value from a year earlier, according to the Agro Processing and Market Development Authority (Agrotrade).
Thailand sets guaranteed palm oil price World

Thailand sets guaranteed palm oil price

The National Oil Palm Policy Committee of Thailand has approved a guaranteed price for palm oil and will submit the guarantee to the cabinet for approval within two weeks.
Central bank to keep monetary policy on hold through 2019 Business

Central bank to keep monetary policy on hold through 2019

The State Bank of Vietnam (SBV) will hold its benchmark refinancing and discount rates at 6.25 percent and 4.25 percent, respectively, in addition to maintaining its 14 percent credit growth target for the remainder of 2019, experts forecast.
Deputy PM reviews SOEs equitisation, restructuring Politics

Deputy PM reviews SOEs equitisation, restructuring

Deputy Prime Minister Vuong Dinh Hue chaired a meeting of the Steering Committee for Business Renovation and Development in Hanoi on July 8 to review equitisation, divestment and restructuring of State-owned enterprises (SOEs) and corporate development in the first half and tasks for the remaining months of this year.
Banks short of credit growth quota for 2019 Business

Banks short of credit growth quota for 2019

Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam (SBV).
Vietnam, EU sign free trade, investment protection agreements Business

Vietnam, EU sign free trade, investment protection agreements

The EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) were officially signed in Hanoi on June 30 afternoon, in the witness of Prime Minister Nguyen Xuan Phuc, Vietnamese National Assembly and Government leaders, and leaders of the European Union (EU).