Economy and industry
Vietnam's tourist numbers remain low as criticism mounts
The downward trend has continued. Foreign arrivals to Vietnam reached only 626,000 in September, down 5.8 percent from August, new data from the National Administration of Tourism showed. Even though that was up 8.3 percent from September last year, the overall number for the first nine months ...
Vietnam third-quarter economic growth accelerates to 6.81 pct
Vietnam’s economic growth quickened in the third quarter, buoyed by foreign investments and exports growth that contrasts with the performance of many of its neighbours. Gross domestic product rose 6.81 percent in the third quarter from a year earlier, according to figures released by the Hanoi-based ...
Two companies seek listing despite poor sentiment
The Stock Exchange of Thailand will welcome two new listed companies, despite the shaky market sentiment. JWD InfoLogistics, an integrated logistics service provider, will on 29 September make a debut on the Stock Exchange of Thailand. Keep reading ...
Government internet gateway plan sparks fury
Activists campaigning for internet freedom have slammed the government’s recent move to develop a single internet gateway to expand state control over online media. Last week, citizens learned of the government’s intention to build a single gateway, after it ordered the Ministry of Information and Communication ...
State Railway of Thailand gets green light for Airport Rail Link train purchase
The Transport Ministry has given permission for the State Railway of Thailand to continue with its controversial plan to procure seven new trains for the Airport Rail Link. Transport Minister Arkhom Termpittayapaisith said on 28 September the purchase was a matter of urgency. Keep reading ...
State support for 70,000 SMEs
Deputy Prime Minister Somkid Jatusripitak has set a target of supporting 70,000 small and medium-sized enterprises (SMEs) next year. The goal includes helping to create 10,000 start-ups. Among the 70,000, 50,000 are healthy but need some help from the government to expand, while 10,000 are in ...
Vietnam's industrial production rises 10% in first nine months
The national index of industrial production rose 10 per cent in the first nine months of this year against the same period last year. Further, according to the Ministry of Planning and Investment, the industrial production sector continued its growth, especially in the processing and manufacturing ...
Vietnam scraps ceiling rate on corporate dollar deposits
Vietnam’s central bank said late on 27 September it was abolishing the interest rate ceiling on dollar deposits offered by banks to organisations and companies, in an attempt to avoid dollar hoarding. Keep reading ...
Laos-China rail expected to begin construction in November
The groundbreaking ceremony to begin construction of the Laos-China rail project to link Laos with China and other ASEAN member counties is expected to begin in November if things go as planned, a minister said on 25 September. Minister of Public Works and Transport Dr Bounchanh Sinthavong ...
Date set to announce new wage
The tripartite working group tasked with setting the minimum wage in Cambodia’s garment industry is slated to officially convene on 28 September, with the results of the negotiations to be announced on 5 October if all goes to plan. Keep reading ...
