Economy and commerce
Vietnam GDP grows 6.8% in 3Q
Vietnam’s economy grew 6.8% in the third quarter, up from 6.1% and 6.5% in the first and second quarters, respectively, the government said on 29 September. Keep reading ...
Vietnam PM urges Dong Nai to maintain high growth rate
Prime Minister Nguyen Tan Dung attended the opening ceremony of the southern Dong Nai province’s party congress on 29 September. The PM praised the province’s accomplishments over the last five years and urged Dong Nai to become a leading force in the country’s modernisation and socio-economic ...
Vietnam's produce exports expected to top $2b in 2015
Fruit and vegetable exports are expected to reach US$2 billion this year as more and more countries have opened their door to Vietnamese fruits and vegetables. Earnings from fruit and vegetable exports have increased strongly in recent years, from $460 million in 2010 to $1.47 billion ...
Situation ripe for strikes: study
Short-sightedness, weak adherence to the law and poor working conditions in Cambodia’s garment sector are creating a fertile field for strikes to prevail over negotiations, a recent study released by the Arbitration Council Foundation, an independent labour mediator, has found. According to the study, incidents of ...
Retailers to invest B100bn to make Thailand shopping hub
The Thai Shopping Centres Association said it will invest 100 billion baht to turn Thailand into a regional shopping destination. Keep reading ...
DASTA joins forces with Mekong Institute to advance tourism in GMS
The Designated Areas for Sustainable Tourism Administration (DASTA) has signed a memorandum of understanding with the Mekong Institute to strengthen sustainable tourism in the Greater Mekong Subregion (GMS). The Mekong Institute, an intergovernmental organisation in Khon Kaen, Thailand, promotes regional cooperation through capacity-building programmes for the countries ...
Foreigners pull record US$5b as Southeast Asian stocks sink
Foreign investors are selling Southeast Asian stocks at the fastest pace on record as the region’s economic outlook worsens and the US gets closer to raising interest rates. Overseas funds unloaded a net US$5.1 billion (S$7.28 billion) of Indonesian, Thai and Philippine shares in the third ...
Laos segment of China-Singapore railway expected to begin construction in November
A transnational railway linking China and Singapore is set to be constructed. The construction of the segment in Laos will start in November. Keep reading ...
Asian currencies set for worst quarter in 17 years
Asian currencies are headed for their biggest quarterly loss since the Asian financial crisis, having been battered by China’s surprise devaluation of the yuan and the prospect of a US interest-rate increase. The Bloomberg-JPMorgan Asia Dollar Index, which tracks the region’s 10 most-active currencies outside of ...
Kuwait proposes Laos visa exemption
The Lao and Kuwaiti governments should offer visa exemptions for their citizens as part of efforts to boost the exchange of tourism and trade between the two nations, according to the Kuwaiti ambassador to Laos, Mr Nabeel Aldaheel. The ambassador announced his government’s proposal to the ...
