The southern province of Binh Phuoc, dubbed Vietnam’s “cashew capital”, is working towards boosting the popularity of its cashew nuts among global consumers, especially in demanding markets such as the US and the EU.
After performing well last year despite the COVID-19 pandemic, many companies have prepared new plans for 2021. While some firms, such as GELEX, have doubled their targeted profits, others which reported good results in 2020 have lowered their expectations.
Vietnam’s livestock industry hopes to increase its average production growth rate in 2021 by 5-6 percent, according to the Department of Livestock Production under the Ministry of Agriculture and Rural Development.
China's foreign direct investment (FDI) in Thailand is expected to increase significantly over the next few years as Chinese investors are planning to expand their local footprint, a survey by Siam Commercial Bank (SCB) shows.
The US Treasury Department’s labelling of Vietnam as a currency manipulator is groundless and certainly significantly affects the psychology of the Vietnamese business community, especially those operating in the import and export field, according to Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI).
Steel exports in November surged 21.52 percent month on month and 40 percent year on year, reaching more than 478,300 tonnes, reported the Vietnam Steel Association (VSA).
Malaysia will benefit from its participation in the Regional Comprehensive Economic Partnership Agreement (RCEP) as it enhances economic integration and facilitation between ASEAN countries and their dialogue partners, namely China, Japan, the Republic of Koreas, Australia, and New Zealand.
The Ministry of Industry and Trade (MoIT) and the Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) recently signed an exchange letter on the implementation of the cumulation of origin of textile between the two nations under the EU-Vietnam Free Trade Agreement.
Indonesia’s Ministry of State-owned Enterprises (BUMN) is targeting to supply non-subsidised vaccines to 75 million people within the next eight or nine months, said BUMN Minister and Chief Executive of the Committee for Handling COVID-19 and Economic Recovery (KPCPEN) Erick Thohir.
The Asian Development Bank (ADB) has approved a 70 million USD in loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) dipped fractionally below the 50.0 no-change mark to 49.9 last month, signalling broadly unchanged business conditions during the month.
Korean businesses investing in Vietnam can capitalise on preferential treatment under free trade agreements (FTAs) that Vietnam has signed to boost exports, an official has said.
The sugar industry is facing many challenges and unfair competition from imported and smuggled goods, experts told a conference held in Hanoi on December 1.
Thai people will get their first jabs of COVID-19 vaccine developed by the UK’s AstraZeneca and University of Oxford by mid-2021 at the earliest, said Nakhon Premsri, Director of the National Vaccine Institute (NVI) of Thailand.
After a gloomy period due to the COVID-19 pandemic, the construction materials market in HCM City started to flourish again in the third quarter as the peak construction season began and demand from some export markets recovered.
Vietnam needs to strengthen measures to achieve the sustainable development of seafood exports to the EU market, especially after the EVFTA comes into effect, according to experts.
Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of 12 billion USD, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).
The International Finance Corporation (IFC) recently announced its cooperation with An Phat Holdings (APH) and an expected investment of 20 million USD to fund APH’s first compostable material manufacturing plant in Vietnam and the largest of its kind in Southeast Asia.
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