Economy and commerce

Economic policy and administration

Vietnam's SMEs to face regional competition

Small and medium-sized enterprises in Vietnam have paid little attention to the nearing formation of the ASEAN Economic Community (AEC), while larger companies with a “national brand name” are actively preparing for the regional integration process. Le Thanh Hai, the deputy manager of the Viet Nam ...

370 foreign companies approved under Thailand's Foreign Business Act in first 11 months

Thailand’s Business Development Department approved the operations of 370 foreign companies under the Foreign Business Act during the first 11 months of the year. Keep reading ...

Thai TPP opponents voice major concerns

Consumer and farmer advocacy groups have urged the government not to enter the Trans-Pacific Partnership (TPP) agreement, saying Thailand is unprepared to handle the negative impact. Nusaraporn Kessomboon, a lecturer in Khon Kaen University’s Faculty of Pharmaceutical Sciences, raised concerns that the TPP would obstruct Thai people’s ...

Australian, German tourists are the biggest spenders in Vietnam: report

Vietnam has released the first annual tourism report, naming the top visitor markets and the biggest spenders in 2014.    According to the report from the Vietnam National Administration of Tourism (VNAT), Australians topped the list in terms of spending per trip. The number of visitors from Australia ...

Cambodia and Laos: The challenge of altering attitudes towards startups

Startups in Cambodia and Laos might be focussed on local problems, but meeting those needs could foster greater receptivity. At 15 million and seven million strong respectively, Cambodia and Laos both have in excess of 50 per cent of their people who are 24 or younger. ...

Thailand still a top-10 Apec choice

Thailand lags behind arch rivals Vietnam and Indonesia as a top investment destination of Apec business leaders over the next 12 months. This finding was reported in PwC’s “2015 Apec CEO Survey: CEO Confidence in Asia Pacific Shaken but Strong”. Keep reading ...

Vietnam eases restriction on import of used machinery

Vietnam has introduced a new policy that will allow local companies to bring in machinery that have been in use overseas for less than 10 years, effectively easing a restriction on machines older than five years.    According to the Ministry of Science and Technology, the new ...

Vietnamese exporters ponder ways to penetrate new markets

The US and Latin American countries have huge demand for products made by sectors in which Vietnamese companies have advantages, but they need to study these markets carefully to enter them, a forum heard in Ho Chi Minh City on 17 November. They also need to ...

Vietnam, New Zealand sign four agreements

Vietnamese and New Zealand businesses signed four agreements on 15 November during the official visit by New Zealand Prime Minister John Key to Vietnam. The four business-to-business arrangements – between Global Trust Alliance, AsureQuality and Vinamilk, Airways International and the Vietnam Air Traffic Management Corporation, Airways International ...

US surpasses Laos to become Vietnam’s biggest overseas investment destination

The U.S. has overtaken Laos to become the most attractive place for Vietnamese foreign investment in the first nine months of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. The North American country attracted $101.4 million out of ...

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