News Updates – May 2008

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Industry hails lifting of ban on Cambodian rice exports
From abs-cbnnews.com, May 28, 2008

Industry experts hailed Cambodia's decision to become the first country to lift a ban on rice exports, saying the move would benefit local farmers and could help dampen global prices of the grain.

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For Indian giant Tata, Vietnam’s a steel
Vietnam Net Bridge, Vietnam, May 23, 2008

VietNamNet Bridge - Tata Steel, India’s largest integrated private-sector steel manufacturer, has entered into strategic partnership with VNSTEEL, Vietnam’s largest steel company, to develop the iron and steel industry. Tata Steel’s chief executive of Southeast Asia projects Indronil Sengupta talks about the company’s strategy.

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India accuses Viet Nam firms of dumping textiles
Vietnam News, Vietnam-May 15, 2008

HA NOI — India has commenced an anti-dumping investigation against certain types of textiles imported from China, Thailand, and Viet Nam, the Ministry of Industry and Trade’s Competition Administration Department announced yesterday.

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WTO commitments mean open arms for telecoms
Vietnam News, Vietnam-May 14, 2008

The telecommunications sector in Viet Nam is among those sectors which are "conditional" for foreign investors. In other words, it appears on a list of sectors for which foreign investment is only allowed under certain conditions.

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India trade to reach $2 billion in 2008
Vietnam News, Vietnam- May 03, 2008

HCM CITY — Two-way trade between India and Viet Nam is expected to reach US$2 billion in 2008, two years ahead of goals set in the joint statement issued nearly one year ago when the two countries established a strategic partnership

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India says close to clinching ASEAN free trade deal
Reuters India, India-May 03, 2008

NUSA DUA, Indonesia (Reuters) - India is close to clinching a free trade deal with Southeast Asian nations, spurred on by a bleak global economic outlook and rising food prices, Trade Minister Kamal Nath said on Saturday

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