Economy and commerce
Investment
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 ...
Vietnam's Ho Chi Minh City maps out special economic zone
Vietnam’s Ho Chi Minh City is considering the formation of a special economic zone in four of its districts, the municipal authorities announced on their website on 16 November. Keep reading ...
Thailand's tourist numbers maintained at 32m
Thailand’s Office National Economic and Social Development Board has maintained the tourist number target for 2016 at 32 million, despite terrorist attacks in Paris. Keep reading ...
Thai economy expands 2.9% in Q3
The Office of National Economic and Social Development Board revealed today that the Thai economy expanded 2.9 per cent in the third quarter compared to the same period last year. Keep reading ...
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 ...
Vietnam economy won’t be better next year: economist
Vietnam’s economy will continue to recover but at a slow pace next year, and the sustainability of its rebound appears weak, a senior economist has warned. Nguyen Dinh Cung, head of the Central Institute for Economic Management, said: “The recovery in 2013-15 was driven by the ...
Casio pins faith on Thailand for ASEAN expansion
Tokyo-based Casio Computer Co, a maker of consumer electronics, is committed to investing in Thailand so that it can use the country as a springboard for expansion in Myanmar and Laos. “We [Casio in Japan] are considering expanding our business into other ASEAN members including Myanmar and ...
Setting the right price for investors
Subscription to the initial public offering of Phnom Penh Autonomous Port (PPAP) opened on 12 November. The capital’s port operator aims to raise $5.2 million by floating a 20 per cent stake on the Cambodian stock exchange in December, becoming the third company to list on ...
Mynamar trade steady year-on-year despite flooding: ministry
Myanmar’s trade volumes for the first half of this fiscal year match last year’s figures despite devastating flooding in July and August and a six-week embargo on rice exports. Myanmar’s bilateral trade was worth US$16.204 billion over the first six months of fiscal year 2016, placing ...
Japanese malls in Southeast Asia eye middle-class consumers
Japanese distributors have been opening shopping malls and department stores one after another to attract the increasing population of middle-income earners in Thailand, Malaysia and other major Southeast Asian countries. Other foreign and local companies are also opening commercial facilities in those countries, although their economies ...
