Economy and commerce
Investment
Why Vietnam is all in for TPP11
Trade ministers from the 11 remaining countries in the Trans-Pacific Partnership, after the U.S. withdrew, agreed in Hanoi on Sunday to promote the so-called TPP 11 trade liberalization deal. Vietnamese Trade and Industry Minister Tran Tuan Anh, who chaired the meeting, declared that the 11 ...
China and Myanmar to set up border economic cooperation zone
A join-committee for the establishment of China-Myanmar Border Economic Cooperation Zone would be formed within the year in a bid to boost border trade between the two countries, according to the Ministry of Commerce. The committee would be headed by the commerce ministers from both Myanmar and ...
MIC green-lights Nga Yoke Kaung offshore supply base
A proposal to construct an offshore supply base for offshore blocks on a 30-acre company-owned land, at Nant Thar Pu village in Nga Yoke Kaung sub-township (Nga Pu Taw township), Pathein, Ayeyarwady Region, has been approved by Myanmar Investment Commission, Myint & Associates Offshore Supply ...
Joint-venture granted licence to trade machine oil
Myanmar Investment Commission has granted a licence to Puma Energy Asia Sun, said U San Myint, deputy director general from the Directorate of Investment and Company Administration. The licence allows the firm to conduct domestic retail and wholesale business for machine oil. PEAS Company started on ...
Confusion over water transport service implementation arises
The government has chosen the company which will operate the water bus service on the Hlaing River and Nga Moe Yeik Creek, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, on May 22 at a regional parliamentary session. The company Tint Tint ...
Govt approves Vientiane-Vangvieng expressway corridor, legislation
The government has approved the Vientiane-Vangvieng expressway’s corridor and legislation in a move to boost socio-economic development.The approval was made at the monthly cabinet meeting for May, chaired by Prime Minister Thongloun Sisoulith and attended by the cabinet members. The 113.7-km corridor is part of ...
Yin Yi bags $124.5M construction contract
China’s Sino Great Wall signed a construction contract worth $124.5 million with Cambodia’s Yin Yi Venture for work on Amethyst One, an 8,100-square-metre mixed-use development located on capital’s Chroy Changvar Peninsula, Reuters news agency reported on Monday.Read more ...
Drop ICT tariffs to grow: study
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 ...
VN vows to boost Pacific trade
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 ...
Pioneers prospering in Hà Tĩnh border land
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 ...
