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Tag Archive for ‘Thailand’

Large-scale investments promise FDI breakthrough in Vietnam

Many large-scale investment projects and cooperation agreements have been signed for the near future, promising a breakthrough in foreign direct investment (FDI) attraction in Vietnam. Just in the last 10 days, numerous investment cooperation agreements have been signed within the framework of Party General Secretary Nguyen Phu Trong’s visit to Indonesia and Myanmar and Prime […]

Firm willing to pull golf course to facilitate Tan Son Nhat expansion

The developer of a golf course adjacent to Tan Son Nhat International Airport in Ho Chi Minh City is willing to scrap its investment in exchange for compensation for the expansion of the overloaded aerodrome. Long Bien JSC (Lobico) is ready to transfer back the land the golf course is currently situated on at the […]

Vietnam consumer confidence at record high: Nielsen study

Vietnam ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years and up five points from the last quarter of 2016. The report also finds that consumers in Southeast Asia continue to be among the […]

For an ASEAN economy of integration, high growth and sustainable development

2017 marks a significant milestone in the development process of the Association of Southeast Asian Nations (ASEAN), as the bloc celebrates its 50th founding anniversary. From a region divided by differing political stances, ASEAN has since become a unified bloc of solidarity, close bonds and friendship, with the participation of 10 countries in the region, […]

Foreign chains a launchpad for Vietnam goods to reach world market

More and more Vietnamese enterprises are exporting goods via foreign supermarket chains. In late June, Luc Ngan litchis were on sale at Tops and Central Food Hall, the food retail chain owned by Central Group, in Bangkok. Also in the month, Lotte Mart exported consignments of food products, washing liquid and kitchenware from the Choice […]

Vietnam’s Crude Oil Exports in October Jump 26.4% on Year to 798,745 Mt

Vietnam exported 798,745 mt of crude oil in October, up 26.4% year-on-year, the General Department of Vietnam Customs said Tuesday. The export volumes were down 13.7% from September. The month-on month drop in the country’s crude oil exports was attributed to stable demand for domestic crude from its sole 6.5 million mt/year refinery at Dung […]

Vietnamese consumers more cautious in Q3 2012

Vietnam’s consumer confidence index dipped 8 points to 87 in this year’s third quarter with nine out of ten (91%) Vietnamese changing their spending habits to save more, shows a survey from Nielsen. Consumers’ cautious sentiment increases as 73% of Vietnamese stated this is not a good time to buy things they want and need, […]

Vietnam struggles to retain position as leading rice exporter

According to the Vietnam Food Association (VFA), the country is struggling to retain its position as the leading rice exporter in the world since late September, however with rice exports ready to hit a record 7.7 million tons by the end of this year, Vietnam may hold onto it position this year. A report by VFA said that in October firms exported 646,196 tons of rice at an average price of US$445.3 per ton, up $5.23 per ton compared to the previous month. Domestic rice price rose as firms had signed contracts to export 300,000 tons of rice to Indonesia last month. As…

Vietnam’s rice export likely to set record high this year

Vietnam may export 7.7 million tonnes of rice this year, setting a new record because of increased export orders in the last months of the year. Farmers happy with export prospects The Ministry of Agriculture and Rural Development (MARD) said that the country’s rice exporters are speeding up production for exports to meet over one million tonnes of rice by the end of the year, anticipating possible fluctuations in the world rice market. Race to the harvest The Vietnam Food Association (VFA) will be likely able to export 7.7 million tonnes of this in 2012, surpassing Thailand to become the biggest rice exporter…

Clinton in Australia for security talks

PERTH, Australia – US Secretary of State Hillary Clinton arrived in Australia on Tuesday for annual security and strategic talks, on what is expected to be her final visit to the country in her current role. Clinton will be joined by Defence Secretary Leon Panetta for the talks with counterparts Bob Carr and Stephen Smith on Wednesday expected to focus on regional security and greater US use of Australian facilities. It comes after the arrival of US Marine and Air Force units to northern Australia, seen as evidence of an American “re-balance” towards…