Investment

Greater efforts at a national level are needed to create a new wave of investments in Vietnam, Vuong Dinh Hue, head of the Party Central Committee’s Economic Commission, said. Speaking during a recent interview with Vietnam News Agency, Hue said the country’s advancing legal framework and ...

The Lao Furniture Association hopes that the furniture fair, which opened in Vientiane on 14 January, will attract more domestic and foreign investors in the sector and promote Lao wood products on regional and international markets. The Lao Furniture Association on 14 January officially opened its ...

Vietnam’s participation in the ASEAN Economic Community (AEC) will create 14.5 per cent more jobs by 2025, the International Labour Organisation (ILO) found in a survey. Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep said at a workshop on 13 January in Hanoi that ...

Thailand’s Board of Investment said on 12 January it approved applications worth about 800 billion baht last year, missing its target of 1.4 trillion baht, but up from 724.7 billion baht in 2014. The investment agency did not meet its target in 2015 as some applications were submitted ...

Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...

More than a year after entering Vietnam and constantly facing authorities’ scrutiny and protests from taxi companies, US-headquartered cab-hailing service Uber is in the hot seat for failing to pay taxes.   Speaking to Tuoi Tre newspaper on 9 January, a Ho Chi Minh City tax official ...

Business leaders in Nakhon Phanom are scrambling for facts to verify the reported construction of Disney Laos, with fears that this could be a hoax which could spark land price speculation in the northeastern province. Charnyuth Uppapong, chairman of the provincial chamber of commerce, said on ...

Thai consumer goods group TCC Holding Co. Ltd has completed its acquisition of the Vietnamese operations of Metro for 655 million euros (US$704.1 million).   TCC’s subsidiary TCC Land International Pte. Ltd. takes over Metro’s 19 stores and related real estate portfolio in Vietnam, the German company ...

Vietnam is seen by many foreign businesses as being a very attractive place to invest in and do business for many reasons, Francois Guibert, Chairman of the EU-ASEAN Business Council says.   “Vietnam has a lot more to offer investors than just low-cost labor,” Guibert told Thanh Nien ...

Two Malaysian companies plan to invest US$18 million (RM79 million) for the inoculation of agarwood in Laos that is expected to generate US$200 million in three years. Agriculture transaction company Aseagate (M) Sdn Bhd, forestry management company Richwood Capital Sdn Bhd, together with non-governmental organisation Global ...