Economy and industry
ASEAN nations review stance on intellectual property
Experts from ASEAN member countries and their development partners in the region are meeting in Vientiane to discuss issues relating to the 52nd ASEAN Working Group on Intellectual Property Cooperation and intellectual property protection. Topics centered on ASEAN economic integration with participants convinced that the ...
Co-ops seek lucky draw for solar power grid plan
Agriculture cooperatives nationwide will submit a petition to Prime Minister Prayut Chan-o-cha Tuesday asking the government to use a lucky draw to select solar farm projects which will supply electricity to the national power grid, instead of bidding as proposed. Patipol Keturatanang, chairman of Na Bon Agricultural ...
North-South highway plan adjusted
The Ministry of Transport has decided to adjust its construction plan for the North-South Expressway linking Hà Nội and HCM City due to a funding shortfall. Phạm Hữu Sơn, director general of Transport Engineering Design Inc, the project’s consultant, said previously the MoT had set ...
Đà Nẵng moves forward with railway plan
The city of Đà Nẵng has started a pre-feasibility study to relocate the city’s railway station and redevelop the space with an urban project at a total cost of US$683.2 million. The city’s chairman, Huỳnh Đức Thơ, announced the plan after a meeting with the ...
Listing brings few benefits for construction sector for now
There is only one listed construction-related firm on the Yangon Stock Exchange at the moment. Joining the YSX will not boost the construction companies to raise capital for real estate projects in the short term. KBZ Bank deputy managing director U Bo Bo Wai Maung said ...
First salt export deal crystallises
Local specialty food producer Confirel Co Ltd has secured the first-ever export contract for Cambodian salt, finalising an order for 20 tonnes to French consumers and offering a ray of hope as the local salt industry teeters on insolvency. Under an agreement signed with French ...
US turbulence should steer clear of Vietnam trade
Bilateral trade and investment from the US into Vietnam are expected not to see drastic changes under US President Donald Trump. Michael Sieburg, associate partner at Asia-Pacific marketing strategy consulting firm Solidiance, talked to VIR’s Hong Anh about the impact of the American withdrawal from the ...
Nearly 480,000 households without housing in HCM City
The Ho Chi Minh City Department of Construction has recently announced the results of a survey conducted on the status of housing in order to meet demand in the southern city. More than 476,000 households (accounting for 23.46 per cent) have not had housing or are ...
The battle in the plastic industry among local, foreign rivals
Plastics companies’ high growth rate of 11 percent in the last five years has attracted the interest of foreign companies. Many Vietnamese plastics companies have become targets of foreign conglomerates planning to conquer the Vietnamese market. Thai SCG Group, for example, not only has a 20 percent ...
Striking a balance between conservation and development at the heart of Mekong struggle
Depending on who you speak to, there are naturally differing perspectives in regard to the future of the Mekong River, as most people living along the river look for a sustainable future through conservation of the existing ecosystem, while governments seek balanced resource usage and benefit-sharing ...
