The Ministry Of Commerce Of Thailand Has Formulated Measures To Promote Exports.

According to Thai daily World Journal recently reported that the Ministry of Commerce of Thailand is expected to increase exports by 12.5% in 2008 and export volume by US $171 billion 540 million, with a growth target of 15% and an export volume of US $175 billion 350 million.

In order to achieve the above export targets, the Ministry of Commerce has formulated 4 related promotion measures, namely: holding exhibitions at home and abroad, such as the Thailand domestic product exhibition, to enhance the awareness of Thailand commodities; the Foreign Ministry of Commerce Office assists the importers in the country to engage in business cooperation with Thailand exporters; to go out to attract investment; and the offices of Foreign Ministry of Commerce recommend commodities that have the advantages of Thailand's export to relevant departments or enterprises in the host country, so as to promote export to the standard.

Malaysia will not open car market temporarily

According to the Nanyang Business Daily, Malaysia's Ministry of international trade and industry said that Malaysia was not in a hurry to liberate the local automotive industry while fulfilling its WTO commitments.

Minister Mu Youding pointed out that the automotive industry in Malaysia is still not advanced enough, far behind many developed countries, and therefore needs more time and space to catch up.

Before further opening up the auto market, the government will first determine that Malaysia's domestic car enterprises have achieved long-term competitive advantages and become export oriented enterprises.

Laos will take measures to regulate timber market.

According to Lao People's daily, the Lao government plans to combine afforestation with the sustainable development of forests in the future, continue to develop forest resources, strengthen the production of superior products and promote employment.

All timber must be processed and created with high added value and then exported. At the same time, it is required to rectify and improve the level of wood processing.

Philippines to lock in 8 strong competitive industries

According to the Philippines Daily Inquirer, the Philippine National Competitiveness Council said that in the face of rising commodity prices and global economic slowdown, if Philippine wants to maintain steady economic growth, it must vigorously develop 8 industries with strong competitiveness, namely tourism, electronics, service outsourcing, medical and health recuperation, logistics, agricultural economy, mining and automobile shipbuilding.

Vietnam attracts foreign investment to a new high

According to the Vietnam people's daily report recently, Vietnam's total foreign direct investment (FDI) reached a record $31 billion 600 million in the first 6 months of this year.

Figures show that Vietnam is still an attractive investment destination for foreign investors, despite the fact that Vietnam's economy is facing many difficulties, such as high inflation rate and huge trade deficit.

Reported that the first 6 months of this year, Vietnam's actual use of foreign capital has reached the highest level in history, reaching nearly $5 billion, an increase of 37.6% over the same period last year.

Judging from the current implementation of foreign investment projects, the actual utilization of foreign capital in Vietnam in 2008 will reach a record high of US $about 10000000000.