Investment

Vietnam Dairy Products JSC is willing to raise foreign ownership in the country’s biggest company by market value to the maximum level the government would allow.   “We want to open the room by the limit allowed by the government because the investment of overseas investors will ...

Thailand’s ONYX Hospitality Group has signed an agreement with Vietnam’s HB Group to manage a US$1.5-billion resort that is being built in Hoi An, local authorities announced on 18 October. Keep reading ...

“The Philippines is an attractive market without a means to compete,” according to BDO Unibank Inc. president Nestor Tan, expressing worry that Philippine banks are not ready to compete with the bigger banks of neighboring countries with the establishment of the ASEAN Economic Community. Keep reading ...

Investment in Myanmar will continue to grow after the elections, business sources predict.  They were commenting on the announcement by the Directorate of Investment and Companies Administration that Myanmar Investment Commission had permitted 204 local and overseas investments in the first six months of the current ...

Foreign direct investment from the European Union to Vietnam is recovering this year after a downtrend since 2011, according to a report from the Ministry of Planning and Investment’s Foreign Investment Agency. A report released this week pointed out that the EU’s total investment in Vietnam ...

Offshore capital is rapidly flooding the Thai bond market, with half of the first nine months’ fund outflows from the market turning back during the first 12 days of October. The return had been buoyed by hopes of the US Federal Reserve rate hike delay.  Keep reading ...

Vietnam has pulled off an impressive feat this year, bucking a global slowdown trend to post an economic growth of 6.5 percent in the first nine months.    But some senior legislators have said the strong growth might not be sustainable, considering the large number of companies ...

The government has announced it will sell out its stakes in 10 companies including dairy giant Vinamilk and information technology leader FPT. Keep reading ...

The National Economic and Social Development Board (NESDB) remains upbeat that the country’s economy will still manage growth of 2.7-3.2% this year as projected. Keep reading ...

Reforms and monetary policy changes in the post-election period would boost slowing growth in Myanmar, said an International Monetary Fund official. Hoe Ee Khor, deputy director for Asia and Pacific at the IMF, said the involvement of the National League for Democracy (NLD) in setting regulations ...