Economy and commerce

Economic policy and administration

Mekong meet helps states prepare for AEC

To welcome the launch of the Asean Economic Community and help Greater Mekong Subregion countries cope with e-commerce, an international conference was held recently to bring specialists and officials together to swap ideas and experiences. The 8 July event, titled “Mekong Forum 2015 – Modernising the ...

World Bank report casts doubt on Vietnam's actual debt burden

Local economists have advised the Vietnamese government to be extremely careful with spending because its public debt has reached a dangerously high level.    They raised their concerns after the World Bank reported that Vietnam’s public debt exceeded US$110 billion last year. The figure is higher than ...

Cambodia sees 7 pct rise in new business registration in 1st half of 2015

Cambodia granted operating licenses to 2,165 new companies in the first six months of 2015, up 7 percent from last year, according to a commerce ministry’s report. Keep reading ...

China growth slowdown may widen Vietnam trade gap, official says

China’s economic slowdown may widen Vietnam’s trade deficit as the Southeast Asian nation counts on its largest trading partner to buy commodities, according to a government official.   “It would hurt our exports to China, especially with agricultural products,” Nguyen Duc Kien, deputy head of the National ...

Time to set the Kyat free

The Burmese kyat has recently fallen. Down around 13 percent this year, and 26 percent since the instigation of the “managed float” arrangements in 2012, the decline in the kyat has also brought with it a return of many of the economically repressive impulses of ...

Exclusive: Myanmar drafts new foreign investment rules

Foreigners will no longer need a local partner to set up businesses in Myanmar and may be granted a five-year tax holiday from the start of commercial operations, according to the draft of a new investment law obtained by Reuters.  Keep reading ...

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