Connect with us

Asean

Thailand and Vietnam implement measures for smooth border trade

Avatar

Published

on

BANGKOK, 10 May 2010 (NNT) — Thailand and Vietnam has agreed to improve its trade and logistics process in order to facilitate trade for both countries.

According to a Memorandum of Understanding (MoU), made between the twin cities of Mukdahan province in Thailand and Quang Tri in Vietnam, both countries had agreed to eliminate procedures for import and export in order to facilitate more convenience for both sides. Following a meeting with representatives from Mukdahan Province consisting of the public and private sector, and business operators in tourism and export, improvements in logistics, laws and regulations for travel and border logistics will be mutually enacted in both cities.

Meanwhile, according to Deputy Governor of Mukdahan province, Sommai Preechasin, Thailand and Vietnam will cooperate in various activities in the future, including the upcoming Forum of the East-West Economic Corridor Cooperation held from 25-26 June 2010, which will take place in Quang Tri province in Vietnam. During the forum, delegates from the East-West Economic Corridor (EWEC) including Laos, Thailand and Myanmar will discuss ways to gain benefits from the EWEC.

Reporter : Dolsinee Kritayapimonporn

via Thailand-Vietnam implements measures to ensure smooth border trade : National News Bureau of Thailand.

Comments

Asean

The Latest on Covid-19 in Southeast Asia

Thailand has largely avoided widespread community transmission of Covid-19, but the kingdom is not faring well on the economic front, with a projected contraction of 7.1 percent this year.

Avatar

Published

on

Coronavirus Asia

As a region, Southeast Asia has fared relatively well in keeping coronavirus cases low, with the notable exceptions of the Philippines and Indonesia.

(more…)
Continue Reading

Laos

China’s debt-trap diplomacy: Laos’ credit rating downgraded to CCC

Laos’ debt challenge is deeply concerning, with some media commentators suggesting the country is falling into a debt trap as a result of Chinese infrastructure investments connected to the Belt and Road Initiative (BRI)

Boris Sullivan

Published

on

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.

(more…)
Continue Reading

Vietnam

Foreign capital still heads to Vietnam

As many as 798 projects added a combined over 5.11 billion USD to their investment capital, down 23 percent year-on-year in project number but up 6.8 percent in value.

Avatar

Published

on

Hanoi (VNA) – The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,609 other subscribers

Trending