Economy and industry

The upcoming State visits to Brunei and Singapore by President Tran Dai Quang aim to realise the foreign policy set forth by the 12th Party Congress and deepen relations with the two ASEAN member countries. Vietnam and Brunei established diplomatic ties on February 29, 1992. Since ...

While many airports in the Mekong Delta are still idle, the Ministry of Transport is considering building new ones. MOT is planning to build an airport in the southern province of An Giang with estimated investment capital of VND 3.4 trillion. The domestic airport, designed ...

Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong ...

Myanmar has the weakest transportation and infrastructure in Southeast Asia, according to a report by the World Bank Group. Myanmar ranked 137 among 160 countries in the transportation index in 2014, giving it the lowest position among Southeast Asian countries. Moreover, only 33 per cent of households ...

The number of Cambodian women now thought to be caught in Saudi Arabia’s sex industry after being trafficked in the past year has risen to more than 20, officials said on August 24. However, the government remained tight-lipped about its efforts to rescue the women, while ...

ASEAN’s trade relationship with China has reached a crucial turning point with the latest 2015 figures showing a 3-per-cent contraction, making it necessary to quickly conclude the Regional Comprehensive Economic Partnership agreement, according to a top Chinese think-tank. Zhang Yuyan, director of the Institute of World ...

Representatives of Shan communities have expressed serious concerns on the ongoing plan to construct a series of hydropower dams on the Salween River, saying many areas are still plagued with ongoing fighting between minority groups and the government. Shan State Rivers Network’s coordinator Sai Khur Hseng ...

Myanmar is moving to exploit solar and wind energy, but experts said such attempts must be stepped up to smoothen the country’s development. Soe Soe Ohn, director of the national electrification project at the Rural Development Department, said solar energy offered high potential particularly in rural ...

The Lao Securities Commission Office is advising people considering making deposits with financial institutions to make a careful assessment before going ahead. Various financing companies in Laos are encouraging people to deposit with them by offering a higher rate of interest than that provided by banks ...

Many Japanese companies are aware of potential risks in the Vietnamese real estate sector but they have an increasing presence in this market, according to Tokyo-based Recof Corporation, a consultant on merger and acquisition (M&A) deals. Masataka Sam Yoshida, senior executive for the Vietnam market at ...