Economy and commerce
Textile exports to hit $28.5b
Việt Nam’s textile and garment exports this year are estimated to reach US$28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Việt Nam Textile and Apparel Association (Vitas) reports. Việt Nam’s textile and garment exports this year are ...
Land survey for Royal’s K Rong project begins
Authorities on Preah Sihanouk province’s Koh Rong island on December 13 started measuring out a land concession given to the Royal Group, which is building a five-star hotel and resort, in order to allow the company to develop the area and to provide plots to ...
EU pressure effective?
In recent years, communities displaced by sugar plantations have attempted to reclaim their land by targeting the plantations’ investors and buyers overseas, but a study published last week in the peer-reviewed Journal of Civil Society suggests such efforts may disappoint. Author Young Sokphea notes that ...
Peach to debut Bangkok route
Peach Aviation, the Japanese no-frills carrier, will launch the first non-stop air link between Bangkok and Okinawa in February. The route, which was first mulled by the airline back in 2013, is set to become reality with its maiden flight from the southern Japanese island ...
Multi-million dollar project could spoil historic Hoi An town
The implementation of a series of projects on the beach dunes near Hoi An will create challenges for Hoi An in its path for sustainable development. In March 2008, after getting the nod from the Quang Nam provincial People’s Committee, Gami Hoi An JSC started ...
Tourism investment up despite drop in visitors
The number of foreign travelers visiting in Myanmar is down on 2015, but foreign investment in the tourist sector shows a 15 percent increase, according to data from the Ministry of Hotels and Tourism. Although officials caution that investment decisions should be based on the ...
GH Bank to offer loans for cheap homes
GH Bank plans to offer mortgages for homes priced below 1 million baht next year as part of its effort to encourage those at the bottom rung of the economic ladder to have their own homes. At least 4,000 potential homeowners across the country are ...
Rice millers pass health check for China trade
More than half of 50 rice millers that applied for export permits to China passed a health and safety inspection by a visiting Chinese team, though they will have to wait for official confirmation from the Beijing government before they can begin exporting, an Agriculture ...
Banana farms ordered to stop
Chinese farms in Laos’ provinces have been suspended due to their ongoing use of hazardous chemicals which are having negative impacts on people’s health and the environment. The Prime Minister’s Office’s ordered the farms which are preparing to cultivate banana trees to cease their efforts ...
PM supports chamber for highest business role
Prime Minister Thongloun Sisoulith has expressed his full support for the Lao National Chamber of Commerce and Industry to serve as the highest body in the mobilisation of potential for the country’s development. The PM offered his support in response to the proposal of the ...
