Economy and industry
Vietnam attends Vientiane Expo 2015 in Laos
Vietnamese enterprises are displaying handicraft items, food and technologies at the Vientiane Expo 2015, which kicked off in Vientiane, Laos on 28 November. Keep reading ...
The night the lights went out
Underscoring Cambodia’s heavy dependence on imported electricity, the lights went out not just in Phnom Penh but across provinces nationwide on Thursday, an unprecedented blackout that Prime Minister Hun Sen said was caused by an electrical fault in neighbouring Vietnam. Between about 10pm and 11pm, Phnom ...
Thai start-ups in line for incentives
The Information and Communication Technology (ICT) Ministry is considering tax incentives for companies investing in tech start-ups in an attempt to stimulate long-term investment. The ministry plans to spend 100 million baht to promote Thailand’s tech start-up industry, said vice-minister Pansak Siriruchatapong. Keep reading ...
Thai Chamber urges bolder Myanmar approach
Thai businesses want the government to help them enter or expand into the Myanmar market by conducting more official visits to the neighbouring country, according to the AEC Strategy Centre at the University of the Thai Chamber of Commerce. Centre director Pussadee Polsaram said more official ...
November trade deficit narrows to $3.8b
Vietnam’s trade deficit narrowed to US$3.8 billion in the first 11 months of this year, from the $4.1 billion recorded for the first 10 months. According to the General Statistics Office, the reduction was thanks to an $18.8 billion trade surplus achieved by foreign direct investment ...
Fewer Vietnam traffic accidents in 2015
Vietnam has seen a sharp decrease in the number and the severity of traffic accidents in recent years. Compared to 2011, the number of traffic accidents in 2015 has gone down by 51 per cent, the number of fatalities and injured down by 24 per ...
Civil servants among biggest drinkers in Vietnam: survey
Civil servants and young people are the biggest drinkers in Vietnam, according to a recent survey by the Institute of Sociology in Hanoi. The institute on 25 November released the results of the survey, conducted in Hanoi and Lao Cai Province in the north, Da Nang City ...
Cambodia shows narrow but strong FDI growth
Foreign direct investment flows continued to see strong growth across the 10-member ASEAN bloc in 2014, with most countries in the Lower Mekong region reporting higher levels of inflows given their rising infrastructure needs and manufacturing activities, according to a new report jointly produced by ...
Firms study EEU deal opportunities
Numerous Vietnamese firms and member states of the Eurasian Economic Union (EEU) gathered at a business forum on 25 November in Hanoi to study opportunities from the free trade agreement. The business forum, which was co-organised by the Vietnam Chamber of Commerce and Industry, the Ministry of ...
Vietnam's state enterprise sector is not making money despite huge debt pileup
A recent government report has again shed light on the vulnerable situation of Vietnam’s state-owned enterprises, whose revenues rise slowly but debts pile up quickly. The combined revenues of 781 businesses owned wholly or partly by the government grew only 1 percent last year to VND1,709 ...
