Investment

Economists and the private sector are confident that the Lao economy has a good chance of achieving the expectations set for 2017 despite global uncertainties, but urge more effective management of the macroeconomy, the price of goods, and improvement of the investment and business climate. ...

Myanmar rubber farmers and producers battered by months of low prices are enjoying some respite following a recovery in global markets last year. With weak local demand Myanmar’s rubber industry is at the mercy of world markets, and low prices throughout 2015 and much of ...

Educators argue that it is unreasonable to blame the education sector for the high number of unemployed university graduates.“This is a misconception. Vietnam now runs a market economy and you must not expect  the number of university graduates to be exactly equal to the number ...

Vientiane authorities are aiming to grow the capital’s economy by 11 percent this year and expect that GDP will increase by 41.6 trillion kip. ​It is also anticipated that the capital’s residents will have an annual average per capita income of US$5,000.​ The agriculture and ...

The government has commissioned a Chinese consortium to build a new international airport for Siem Reap and formed a committee to determine how to compensate the French company that operates the city’s existing airport for prematurely ending its concession licence, according to documents obtained on ...

Japanese appliance maker aims to rely less on tourist shopping sprees. Zojirushi’s earnings have plateaued as buying by foreign tourists has ebbed, forcing the Japanese kitchen appliance manufacturer to seek customers in new markets, particularly Southeast Asia. The company said Monday that group sales edged ...

Japan’s Taiyo Life Insurance will jointly establish an insurance software company in Myanmar as early as February, partnering with local business in an effort to secure its position here before the market opens to foreign investment. The enterprise will launch with roughly 1.2 billion kyat ...

Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments. A report of the Ministry of Planning and Investment shows that Vietnam has attracted $290 billion worth of foreign direct ...

Lao and Vietnamese leaders have discussed a number of issues in a move to consolidate the cooperative relations, friendship and special solidarity between the two countries. At a meeting held between Lao Minister of Foreign Affairs Mr Saleumxay Kommasith and his visiting Vietnamese counterpart Pham ...

With the recent enactment of the investment law and lifting of sanctions, Myanmar has become friendlier to foreign investment, particularly in infrastructure, transport and energy, according to its state investment agency. The Myanmar Investment Law was passed on Oct. 18 by combining the country’s foreign ...