Investment

Though some problems still exist in the legal framework, more and more foreigners are registering to buy houses in Vietnam. A local newspaper reported that a Japanese footballer playing Series A football league in Italy has bought luxury houses in district 2, HCM City, through a ...

Myanmar will sign air service agreements with the Netherlands and Mongolia this year, and is drawing up new policies that include tackling the profusion of domestic airlines, the Department of Civil Aviation’s director for transport has said. Myanmar boasts 11 airlines and a 12th – a ...

Yangon business leaders have joined a call for the new government to address exchange rate regulations, which they say are causing difficulties for exporters trying to convert their earnings back into Myanmar kyat. The problem is that the Central Bank only allows lenders to conduct foreign ...

A Thai-Chinese high-speed train scheme has entered a strange phase where officials of the two countries agreed on 16 June to kick-start the construction of a short section, although they have not settled on the overall project. “We will build the short section in line with the ...

Hanoi should take strong measures to remove barriers which inhibit the city from developing and integrating, stressed Prime Minister Nguyen Xuan Phuc. Talking to the press, the government leader highlighted huge potential, advantages and opportunities for Hanoi to turn it into a green modern city with ...

Since Thu Thiem development scheme was released, investors have flocked to this region. Many billion USD estate projects have been proposed. In mid-May 2016, a group of American companies proposed a $4 billion project in Thu Thiem in Ho Chi Minh City. The investors consist of ...

Nearly half of a massive 700-megawatt coal-fired power plant with the $383 million joint venture project that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry ...

B GRIMM, one of Thailand’s oldest business conglomerates, on 13 June announced its plan to spend Bt24 billion to replace its power plants in two industrial estates, Amata Nakorn Industrial Estate and Laem Chabang Industrial Estate in Chon Buri. The investment plan was set up after ...

China’s economic rebalancing is likely to take longer than previously expected, leaving Asian exports. Speaking on 14 June at a KBank seminar for customers on the outlook for the economy, interest rates and foreign-exchange rates, Pareena Phuangsiri, senior specialist at the division, said that while Beijing’s attempt ...

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release on 14 June.Keep reading ...