Free trade agreements

A new bridge linking Mae Sot district of Tak to Myawaddy helps boost transport between the two countries. (Photo: bangkokpost.com)  Bangkok (VNA) – Thailand and Myanmar have signed a Memorandum of Understanding (MoU) on cross-border transport at the 23rd Greater Mekong Subregion (GMS) conference recently held in Phnom Penh, Cambodia. The MoU is part of the Cross-Border Transport Agreement (CBTA), which will apply to cross border trade between Mae Sot district in Tak and Myawaddy in Myanmar, local media reported. The MoU involves both nations improving immigration checkpoint and logistic clearances at the crossing, the Bangkok Post said. Cross-border trade between Thailand and Myanmar reached 193 billion baht (6.4 billion USD) in 2018, a year-on-year rise of 4.9 percent./. VNA … [Read more...] about Thailand, Myanmar boost cross-border transport cooperation

The index, which represents stocks on Vietnam’s main bourse, the Ho Chi Minh Stock Exchange (HoSE), dropped 12.67 points, dragged by real estate stocks. 193 stocks on HoSE lost this session, with only 114 posting gains. On the VN-30, Vietnam’s 30 biggest market cap stocks, 29 blue-chips fell and one kept its opening price. The VN-30 Index dropped 19 points, or 2.05 percent, to 898.23 points at the end of the session. SAB shares of Vietnam’s biggest brewer Sabeco recorded the heaviest loss on the VN30 this session, falling 5.3 percent, followed by TRA of pharmacy giant Traphaco, down 3.7 percent, and MWG of electronics retailer Mobile World, down 3.6 percent. The Vingroup trio, which are shares related to Vietnam’s biggest private conglomerate Vingroup, also registered a negative session. VIC shares of parent company Vingroup, VHM of its real estate arm Vinhomes, and VRE of retail arm Vincom Retail fell 0.7 percent, 0.9 percent and 0.4 percent, respectively. … [Read more...] about VN-Index drops below 1,000-point benchmark

Prime Minister Nguyen Xuan Phuc (right) receives US Secretary of Defense Mark Esper The host said that Vietnam wants to promote bilateral relations and cooperation in bilateral relations on the basis of mutual respect for each other’s independence, sovereignty, territorial integrity and political system, contributing to peace, stability, security and development in the region and world. He hailed the outcomes of the talks held earlier between Vietnamese Defense Minister Ngo Xuan Lich and the visiting US Defense Secretary, as well as the practical outcomes of the bilateral defense cooperation in line with the Vietnam-US comprehensive partnership and agreements signed by the two countries’ leaders. The Vietnamese PM confirmed the Vietnamese Governments support for the bilateral defense ties, suggesting that the two defense organizations should take measures to effectively realize signed agreements, including the joint statements on defense cooperation between the … [Read more...] about Defense leaders highly value bilateral defense cooperation on US Defense Secretary’s visit to Vietnam

Prime Minister Nguyen Xuan Phuc (right) receives US Secretary of Defense Mark Esper The host said that Vietnam wants to promote bilateral relations and cooperation in bilateral relations on the basis of mutual respect for each other’s independence, sovereignty, territorial integrity and political system, contributing to peace, stability, security and development in the region and world. He hailed the outcomes of the talks held earlier between Vietnamese Defense Minister Ngo Xuan Lich and the visiting US Defense Secretary, as well as the practical outcomes of the bilateral defense cooperation in line with the Vietnam-US comprehensive partnership and agreements signed by the two countries’ leaders. The Vietnamese PM confirmed the Vietnamese Governments support for the bilateral defense ties, suggesting that the two defense organizations should take measures to effectively realize signed agreements, including the joint statements on defense cooperation between the … [Read more...] about US Defense Secretary vows to boost US-Vietnam defense cooperation while visiting Vietnam

Prime Minister Nguyen Xuan Phuc (right) receives US Secretary of Defense Mark Esper The host said that Vietnam wants to promote bilateral relations and cooperation in bilateral relations on the basis of mutual respect for each other’s independence, sovereignty, territorial integrity and political system, contributing to peace, stability, security and development in the region and world. He hailed the outcomes of the talks held earlier between Vietnamese Defense Minister Ngo Xuan Lich and the visiting US Defense Secretary, as well as the practical outcomes of the bilateral defense cooperation in line with the Vietnam-US comprehensive partnership and agreements signed by the two countries’ leaders. The Vietnamese PM confirmed the Vietnamese Governments support for the bilateral defense ties, suggesting that the two defense organizations should take measures to effectively realize signed agreements, including the joint statements on defense cooperation between the … [Read more...] about US Defense Secretary speaks highly of US-Vietnam defense cooperation while visiting Vietnam