Economy and commerce

Vietnamese conglomerates have been expanding business by stepping up investments in neighboring markets. However, the path has not been a bed of roses. Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the ...

Vietnam’s outward foreign direct investment (OFDI) is expected to continue to increase rapidly in Laos, Cambodia and Myanmar. Vietnam’s OFDI has been increasing in recent years with 930 projects licensed, mostly in the fields of industry, agriculture, telecommunication and finance & banking. Forty percent are developed ...

The Government has defined eight key tasks to help the Mekong Delta achieve sustainable development, Prime Minister Nguyen Xuan Phuc stressed in a document responding to queries from National Assembly Tran Thi Hoa Ry regarding development in the country’s largest granary.  Keep reading ...

Cambodia attracted the fixed asset investment of 333.4 million U.S. dollars from its ASEAN member states in 2017, according to a government’s report on Friday. ASEAN (Association of Southeast Asian Nations) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Keep reading ...

Trade volume between southwest China’s Yunnan Province with five countries along the Lancang-Mekong River grew by 13.4 percent year-on-year to reach 81 billion yuan (about 12 billion U.S. dollars) in 2017, customs in the provincial capital Kunming said Thursday.Keep reading ...

Vietnamese businesses still think Laos is an attractive destination and will continue to invest in the country despite a slowdown in out-bound investment, Vietnamese Minister of Planning and Investment Nguyen Chi Dung told Lao Prime Minister Thongloun Sisoulith in Vientiane on December 16.Keep reading   ...

The Lancang-Mekong Cooperation (LMC), a relatively new mechanism to enhance regional cooperation among Greater Mekong Subregion (GMS) countries and China, is still in its infant stages, but has already achieved a great deal when it comes to the development of agriculture technology in the region, ...

Thailand ranks seventh out of 10 Asian countries in a Taiwanese consulting firm’s FinTech Competitiveness Index. The country, however, outperforms Malaysia and only lags behind Singapore in terms of regulatory advancement. Keep reading    ...

China’s “One belt, One Road” railway link with Asean has started to materialise as construction in Laos has progressed to more than 10 per cent of the project linking China’s border to Vientiane.However, one expert has warned that the Chinese government’s financial support for the ...

The Mekong Delta region needs public investment of VNĐ120 trillion for the green growth from 2016 to 2025, Vietnam’s the Ministry of Planning and Investment (MPI) said.Keep reading  ...