Economy and commerce

The government of Japan is providing grant assistance of 308 million yen for the continuation of the Human Resource Development Scholarship Project in Laos. An agreement was signed on 4 July in Vientiane by Deputy Minister of Foreign Affairs Ms Khamphao Eunthavanh and Japanese Ambassador to Laos ...

A farmers group is pressing local authorities to resurrect the controversial Southwest New City project. Though the three companies selected to build the new city were ready to proceed on the basis of approval from the outgoing Yangon Region government, the incoming National League for ...

Deputy Prime Minister Somkid Jatusripitak has told Chinese investors that political tensions in Thailand will decline by the middle of next year after the country holds a general election. Meanwhile, the government aims to attract further investment from China and elsewhere with extra incentives and ...

More than 60 percent of startups fail and 70 percent fail in the first year of operation. Rapid-fire good news has come to the Vietnamese technology startup community. US President Obama, during his visit to Vietnam in late May, announced that 500 Startups, the investment fund ...

Thailand and Burma have agreed to renew negotiations over disputed border demarcations, which had stalled under Burma’s previous government. The agreement was reached during State Counselor Aung San Suu Kyi’s recent visit to Thailand, according to Burma’s Ministry of Foreign Affairs. Observers say that Thailand wants to ...

A delegation of Cambodian investment officials and prominent private sector businessmen held a seminar in Seoul, South Korea, on 29 June in an effort to drum up more Korean investment in Cambodia’s growing agro-industrial sector. The Cambodian delegates briefed more than 80 Korean investors in attendance on ...

“The Vietnam Stock Exchange to be based in HCM City is within the Government’s goal of quickly turning HCM City into the country’s largest financial center,” Tran Dac Sinh, Chairman of the Management Board of the HCM City Stock Exchange, told business news site Bizlive. As ...

A recent World Bank report says that trade growth in Myanmar could reduce poverty and boost prosperity, but local observers say in order for that to happen the government must implement economic policies that increase export markets. The Myanmar Diagnostic Trade Integration Study released last week by the ...

Vietnam’s garment-textile industry has already taking possible Brexit influence into accounts while conjuring up measures to weather its possible negative impacts. Vietnam’s garment exports to the EU account for approximately 20 percent of the total volume with the UK contributing around 4 percent. Vu Duc Giang, Chairman ...

Cambodia’s Ministry of Economy and Finance announced on 27 June that the government will block all illegal rice imports at its borders and limit legal rice shipments from Vietnam based on production cost. As part of the new regime, only milled rice with a production cost of ...