Economy and commerce

The capital aims to generate US$11.1 billion from exports this year, 4.5 per cent higher than 2016, the municipal Department of Industry and Trade has said.To achieve this goal, Hà Nội will continue work on accelerating administrative reforms with special focus on customs, tax and ...

Cambodia could add an additional $320 million to the economy over the next 10 years while increasing tax revenue by $24 million if it dropped its tariffs on information and communication technology (ICT), according to new research published yesterday.According to a study by the Washington-based ...

A seminar “The Pacific Alliance (PA) and Việt Nam in the global context” was held in Hà Nội on Monday, aiming to support Việt Nam’s role as the ASEAN co-ordinator with the alliance. The event also looked to promote co-operation, trade and investment opportunities between ...

Witnessing it now, one cannot imagine how sterile and deserted the Tây Sơn economic zone in central Hà Tĩnh Province was 14 years ago. Lying among the greenery of rubber, tea and acacia on the Việt Nam-Lào border – some 30km from the Cầu Treo ...

State credit institutions will offer enterprises developing national agricultural products 70 per cent of investment capital support, said the Ministry of Planning and Investment. MPI has finalised a draft decree on policies encouraging enterprises to invest in agriculture and rural areas to submit to the ...

Cambodia’s biggest sugar mill has finished its two-month production run, producing half a million tonnes of refined white sugar, nearly five times what the company predicted at the beginning of the harvest season, a company representative said on May 22. Kuy Yoeurn, an administrative manager ...

The majority of small and medium enterprises are still unaware of how to comply with new tax regulations that came into force at the end of last year, according to an Economy Ministry official. Srun Angkaren, a deputy director in the general department of taxation, ...

Exports of fish fell in the first four months of 2017, but income from the fisheries sector increased by nearly half compared with the same period last year. According to an Agriculture Ministry report, income from the fisheries sector between January and April was $230,653, up ...

It could be another two years before authorities start building a road from Luang Prabang province to the Vietnamese border at Dien Bien Phu province despite the funding commitment by Vietnam. A senior official in charge of the proposed project at the Ministry of Public ...

Unpaid electricity fees, notably owed by state organisations, have accumulated into a large debt to be paid to Electricite Du Laos (EDL), a minister told the recent National Assembly session. Minister of Energy and Mines Dr Khammany Inthilath gave the information when responding to questions ...