Economy and commerce

Bid to boost Myanmar shrimp trade begins

Though Myanmar’s shrimp export is much less than that of Vietnam and Thailand in terms of tonnage and value, the nation is set to leapfrog its production with American experts’ technical assistance, said Kyaw Tun Myint, president of the Myanmar Shrimp Association. “We usually import broodstock ...

South coast holds development key

Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. Developers and investors gathered in a Real Estate and Construction Forum on Friday to discuss the possibilities of developing the coastal provinces, particularly in ...

Xayaboury to open forest as latest visitor attraction

Xayaboury province is opening up its largest forest as one of its visitor attractions, hoping to draw more people to experience its natural beauty and raise its profile as a tourist destination. Director of the province’s Information, Culture and Tourism Department, Mr Chanthi Simanichan, said ...

Special economic zones attracting fewer foreign investors

Foreign investor interest in Lao special zone economic zones is currently less than previous years as most try to come to grips with local regulations. Vientiane Industry and Trade Area Special Economic Zone, at Km22 Nonthong in Xaythany district is one of zones facing this ...

Trade barriers may seriously affect Vietnam’s seafood industry

A number of seafood companies have been dissolved or have halted operation, while trade barriers from import countries are expected to.pose challenges to Vietnam’s fishery sector. Thuan An, Hung Vuong, Camimex, Viet An, Phuong Nam, Binh An and Thien Ma, once famous names in the seafood ...

Vietnam's SMEs face a range of difficulties

A host of difficulties face small and medium-sized enterprises in Vietnam, Deputy Minister of Planning and Investment Dang Huy Dong told a conference on March 2 in Hanoi on policies to support SMEs and the experience of Japan. He also insisted that SMEs play a ...

Borikhamxay orders six business licences rescinded

Six companies operating in Borikhamxay province have been ordered to permanently cease operation after checks by officials revealed that they had already stopped their business activities in the province. The companies involved include KL Wooden Processing Co., Ltd and Lao-China Gold Mining Cooperation Company, which ...

Senior officials discuss priorities for APEC 2017

Senior officials from the 21 member economies sat together for the first working day on March 2 in Nha Trang, discussing three out of four priorities proposed by Việt Nam for the APEC Year 2017. The priorities include fostering sustainable, innovative and inclusive growth; deepening regional ...

ASEAN aims for unity on tourism

If Southeast Asia is to truly be a single tourist destination, give visitors from afar a single visa to travel freely. The Association of Southeast Asian Nations is undertaking a tourism marketing campaign to mark its 50th anniversary this year. It is called “Visit ASEAN@50: ...

EU-VN pact eagerly awaited

Việt Nam’s upcoming free trade agreement with the European Union is expected to make Việt Nam the most promising business destination for European companies in Southeast Asia. The statement was made by Michael Behrens, Chairman of the European Chamber of Commerce in Việt Nam, at ...

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