Industries

Vietnam to prosecute farmers using banned drugs in animal feed

Vietnam has introduced a new rule in the Penal Code under which the use of banned and harmful substances in animal farming can lead to strong punishments including prison terms of 20 years. Nguyen Van Viet, chief inspector of the Ministry of Agriculture and Rural Development, ...

Mon armed group seeks talks with prospective investors

Nai Win Hla, an executive committee member of the New Mon State Party, said Mawlamyine Cement Limited inked a deal with the Mon State government in Myanmar to build a cement factory, and then built a coal-fired power plant inside the compound without local residents’ knowledge. ...

Trade union law passes

The National Assembly of Cambodia on 4 April passed a contentious trade union law, just hours after a group of pro-union demonstrators and Daun Penh district security guards clashed violently outside.“They did not explain clearly what their intentions [were to retain articles in the law],” ...

Kingdom's economy to remain stable: ADB

Cambodia’s economy is expected to remain stable this year as uncertainty surrounding China’s economic slowdown appears to ease, and backed primarily by strong performance in garment and footwear manufacturing, as well as construction, the Asian Development Bank (ADB) said on 30 March. Keep reading ...

Plan aims to rebuild silk sector

With Cambodia’s storied silk industry in rapid decline, the government is looking to revitalise the sector with a new development strategy aimed at making local sericulture more modern, sustainable and inclusive, officials said during a recent industry event. Keep reading ...

Vietnam aviation market may suffer losses in the medium term

According to the Center of Asia Pacific Aviation (CAPA), the domestic aviation market of Vietnam will suffer losses in the medium term, when the average fares fall because of competition. Keep Reading ...

Reththy, Agriculture Ministry continue to squabble

The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. The rejection ...

Vietnam's textile exporter raises nearly $6.9 million in IPO

State-controlled Gia Dinh Textile and Garment Company has sold more than 15 million shares, equivalent to a stake 24.28 percent, for over VND155.8 billion (US$6.89 million) in an initial public offering. Keep reading ...

Da Nang calls for private investment in $177m port project

Authority in the central city of Da Nang is calling on private investors to join it in expanding a local port terminal for a cost estimate of VND4 trillion (US$177 million), local media have reported. Keep reading ...

'Sleep box' developer eyes Suvarnabhumi as next target

The Miracle Group is eyeing Suvarnabhumi airport for its next “sleep box” hotel after the soft launch of the sleep cabins at Don Mueang airport in Bangkok this week.  Keep reading ...

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