Thailand’s manufacturing production index (MPI) declined 4.54% y/y in July this year, recording the fourth consecutive decline. According to the Office of Industrial Economics, the seafood processing and preserving sector’s production declined 31.11% during the period, due to a disease continued to plague the crustaceans in the shrimp farming industry.
The county’s home electrical appliance industry’s output decreased 23.03% during the period. The nation’s capacity utilization rate was recorded at 64.56% during the first seven months of this year, while the exports of industrial goods expanded 3.2%.
The acquisition of India's Essar Oil led by Russian oil major Rosneft can be “considered done”, the state-controlled company’s CEO Igor Sechin said at the annual shareholder meeting on June 22, ... more
Vietnam’s textile and garment exports to South Korea expanded 53.5% y/y recording USD 1.64bn last year, while the nation overall exports to South Korea accelerated 18.9% y/y posting USD 6.6bn. The ... more
Vietnam’s trade with Kazakhstan expanded USD 221.8mn during first eleven months last year. According to Erbolat Dossaev, Kazakh Minister of Economy and Budget Planning, Vietnam’s exports to ... more