Investment

Asian stocks dropped on Monday, after their best month since May 2009, as industrial companies declined following data signalling a contraction in Chinese manufacturing. Keep reading ...

Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...

The central Quang Tri Province intends to request a total investment of VND87 trillion (nearly US$4 billion) in its 18 projects in key sectors at an investment promotion conference in November. Speaking at a meeting with 20 investors held here on 28 October, Nguyen Van Hung, ...

The Ministry of Transport is looking for a private company to operate a tourist rail line in the Central Highlands resort town of Da Lat, following decades of losses, news website Saigon Times Online reported on 28 October. Keep reading ...

Cambodia improved its ranking for the ease of doing business from 133 last year to 127 in 2015, making marked progress in the number of days and procedures required to start a business, though it is still ranked well below the world average, according to ...

With increasing foreign direct investment (FDI) flows into its manufacturing sector, Vietnam stands a great chance of leaping ahead and replace China as the new production center, experts have said.    They were speaking at a conference recently organized by the State Bank of Vietnam in collaboration ...

Post-coup Thailand barely retained its position among the World Bank’s top 50 economies worldwide and has ranked third among ASEAN countries on the ease of doing business during the past year. In its annual Doing Business 2016: Measuring Quality and Efficiency survey, Thailand fell three places from the ...

Real estate conglomerate Vingroup has acquired Vietnam’s oldest supermarket chain Maximark in an effort to strengthen its foothold in the retail market.   The value of the deal has not been revealed. Maximark, whose first supermarket was open in January 1996, has nine supermarkets, mostly in Ho ...

The government has announced a new decree which for the first time will allow private and foreign investors to provide certain services at Vietnamese airports.    According to the decree, which will take effect on 12 December, private investors will be allowed to purchase rights to manage ...

An investor from the British Virgin Islands has filed a complaint against ho Chi Minh City officials for mishandling its investment license and soliciting bribes, local media reported.    K.S.T International Holdings Ltd., which is seeking a license to open a business to import electric equipment, said ...