ASEAN sugar producers form alliance

Myanmar has formed an alliance with six other sugar-producing countries in the region, with a view to improving cooperation and boosting trade, in preparation for the ASEAN Economic Community, which aims to create a single market for capital, goods, labour and services. Seven countries – ...

ASEAN nations agree to partner in agri-food development

ASEAN agriculture experts plan to work together towards the sustainable development of the food and agriculture sectors after holding talks on the issue. The Ministry of Agriculture and Forestry’s Director General of the Agriculture Department, Mr Vilaysouk Khennavong, said “the sustainable development of the food and ...

Quang Ninh seaport and industrial complex awaits license

The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of the $311.9 million seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town of the northern province of Quang Ninh, Vietnam. According ...

Foreign garment, textile tech companies bank on Vietnam

Foreign companies providing technology solutions for textile, garment, and footwear production have been increasingly active in Vietnam, taking advantage of the expected growth of the industry. On July 7, French company Lectra announced the opening of its subsidiary Lectra Vietnam. “Vietnam is one of the most dynamic ...

Lao workers returning home to work in SEZs

Speaking to Vientiane Times on 13 July, Chairman of the Champassak Provincial SEZ Authority Mr Khamphon Nuansengsy said that his authority conducted a survey recently and found that many more Lao people wanted to return to work in their hometown as long as jobs were available. In the ...

VN economy faces tough future

Viet Nam’s economic growth in 2016 will be affected by many factors. General Director of the Viet Nam Statistics Office, Nguyen Bich Lam, speaks to business news website BNEWS.  Social investment capital in the first six months of 2016 reached VND 618.2 trillion (US$27.71 billion), an ...

Nearly 90% of garment factory jobs at risk of automation: ILO

Local industry experts responded on 10 July to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer ...

BOI eyes continued Japanese investment

The board of Investment feels convinced that Japanese investors have remained confident in Thailand and will continue to expand their investment here. BOI secretary-general Hirunya Suchinai made the remark on 7 July at the in “Bangkok Nikkei Forum”, co-organised by the BOI, Nikkei Inc and Nikkei ...

Palm oil yields up as crop matures

Mong Reththa, vice chairman of the board of directors at Mong Reththy Investment Cambodia Palm Oil, said the group subsidiary exported 13,000 tonnes of crude palm oil during the first six months of 2016, a 116 per cent increase compared to the same period one ...

Struggle with changes as Thai firms venture abroad

In the last three years, Thai conglomerates have made significant acquisitions abroad, mostly in the Asia Pacific as well as in the US. In 2014, Thai firms invested almost $4 billion in other Asian countries, more than double the figure in previous years, according to ...

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