Economy and industry

Laos has huge potential in developing tourism sites, with a number of incentives introduced to boost investment in the sector. Deputy Minister of Information, Culture and Tourism Mr Ounethouang Khaophanh said investors were welcome to invest in developing and operating tourism sites in line with ...

Thailand is currently one of the most exciting hubs for contractors in Southeast Asia today, with a construction market value estimated at USD41.4 billion last year, according to a white paper released last week by corporate strategy consulting firm Solidiance. New buildings and infrastructures amassed ...

Developing a deep-sea port at the delta region, reforming the customs valuation process and increasing customs’ operating hours are policy recommendations endorsed by an advocacy group. The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as ...

India, which supplies about 1 per cent of all textile machinery to the Vietnamese textile and garment industry, wants to increase that ratio in the coming years, a business meeting heard in HCM City yesterday.Keep reading ...

Provinces in the Mekong Delta have run out of sand for construction at a time when many key infrastructure works are in progress. The Trung Lương – Mỹ Thuận Expressway is the worst sufferer after having restarted in 2015 with a new budget of VNĐ14 ...

The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...

Many of an estimated 150,000 Lao labourers working in Thailand (both legally and illegally) have continued to return home after Thailand enforced regulations relating to employment of unregistered migrant workers. In Champassak province, many workers, notably those who entered Thailand illegally, returned home as they ...

Việt Nam has great tourism potential but the country needs appropriate policies to create breakthroughs to develop tourism into a spearhead industry and affirm its position on the global tourism map, experts have said.Keep reading ...

Thailand is expected to see one of the steepest increases in airfares globally next year, a global travel management firm said this week.Keep reading ...

Việt Nam has launched its first energy efficiency network in HCM City. The network is part of the Renewable Energy and Energy Efficiency project implemented by the General Directorate of Energy, Ministry of Trade and Industry and Germany. Markus Bissel, head of the project’s energy efficiency ...