Economy and commerce
China and Laos say their rail project is on track
China and Laos are both committed to a high-speed rail project linking the Chinese southwestern city of Kunming with the Lao capital of Vientiane, officials from both countries said, and the project will go ahead despite delays. The line should eventually stretch through Thailand and Malaysia ...
Department draws up IP roadmap, targets red zones
An intellectual property reform roadmap featuring an action plan for the short, medium and long terms is set to go before Prime Minister Prayut Chan-o-cha later this month. Nuntawan Sakuntanaga, director-general of the Intellectual Property Department, said the department has completed the reform roadmap, which will ...
US may allow import of VN star apples
The United States Department of Agriculture may allow the import of star apples from Việt Nam, Việt Nam’s Commercial Counsellor in the United States, Đào Trần Nhân has said. The import is scheduled to begin in the fourth quarter of this year. According to the proposal from ...
India, Cambodia step closer to bilateral treaty to protect investments
India’s cabinet approved a new bilateral investment treaty with Cambodia on 28 July that is designed to provide mutual protections for investors of each company, the Indian government said in a press release. The treaty, which has yet to be ratified by Cambodian authorities, is expected ...
HCM City seeks green light for major PPP projects
The Ho Chi Minh City People’s Committee has submitted for Government approval a list of priority transportation and sanitation investment projects that will be developed in a Public Private Partnership format between 2016 and 2020. At present, the city is developing five major infrastructure projects with ...
Vietnam battles to hit 6.7pct growth goal
Economic slow-down is threatening to scupper the government’s annual target. Vietnam may struggle to achieve its target of 6.7 percent economic growth this year after the economy showed signs of losing momentum in the first six months, according to a report. Agricultural production was hit hard by ...
Farmers choose solar farm over endangered bird
When given a choice between renewable energy and wildlife conservation, people in Samut Sakhon have opted for a solar farm for financial reasons. Tractors and trucks loaded with soil were seen busily working in a field yesterday to fill a salt pan in Ban Khok ...
Taiwanese firms rush Vietnamese footwear sector
Taiwanese firms are increasing capital investment in the Vietnamese footwear sector to benefit from Vietnam’s new free trade agreements, including the Trans-Pacific Partnership, the EU-Vietnam FTA, and the Vietnam-Korea FTA. On July 25, Taiwanese-owned Chinli My Phuoc One Member Co., Ltd. held the ground-breaking ceremony of ...
Sihanoukville port operator still on course for IPO
The state operator of Cambodia’s only deep-water port remains on course to float shares on the stock exchange and is seeking ways to speed up the listing. Officials at Sihanoukville Autonomous Port met with representatives of the Ministry of Economy and Finance yesterday to discuss the ...
Cambodia, Vietnam to build market on border
The Vietnamese government on 27 July agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. The market will be constructed on 1.5 ...