Economy and commerce

Travel firms want open visa policy to lure tourists

‘Kong: Skull Island’, an American film with many scenes shot in Vietnam, to open in cinemas on March 10, is expected to bring a golden opportunity to Vietnam to attract travelers and develop the tourism industry. A report of the General Statistics Office showed that in ...

Commerce OK with using Article 44 to speed up patent approvals

The Commerce Ministry supports use of the military-led regime’s sweeping powers under Article 44 of the interim charter to streamline patent applications, partly by taking into consideration the judgement of foreign authorities to approve similar patents. Commerce Minister Apiradi Tantraporn said more than 36,000 patent ...

Australia to reshape foreign policy, trade

Australia will call home all of its overseas ambassadors for a meeting, Foreign Minister Julie Bishop said on March 2, as it reshapes its foreign policy to balance ties with long-time ally the United States and China, its largest trading partner. It is the first ...

Railway families given deadline

Nearly 100 families affected by a railway land dispute have been given a 30-day ultimatum to accept compensation or lose it. The demand came from an inter-ministerial committee set up to resolve the cases of three  families in Banteay Meanchey province and 94 families in ...

Asian infrastructure needs US$ 1.7 trillion a year: ADB

The infrastructure needs in developing Asia and the Pacific will exceed US$22.6 trillion through 2030, or US$1.5 trillion a year, if the region is to maintain growth momentum, according to a new flagship report by the Asian Development Bank. The estimates rise to over US$26 ...

Investors to study feasibility of tourism complex in Vangvieng

A Chinese company is keen to develop a tourism complex on a disused airfield in the town of Vangvieng, believing it will attract even more visitors to the already popular tourist hotspot. The provincial authorities agreed on Tuesday that the Yijin Construction Engineering Lao Co., ...

Myanmar fishery export income set to double

Though Myanmar’s fishery export income took a dive for three straight years until 2015, industry players hold high hopes to rebound, given the slight increase last year and the potential continuation of growth this fiscal year ending on March 31. In FY2011-12, Myanmar could generate ...

As global food demand rises, climate change is hitting staple crops

While increases in population and wealth will lift global demand for food by up to 70 percent by 2050, agriculture is already feeling the effects of climate change. This is expected to continue in coming decades. Scientists and farmers will need to act on multiple fronts ...

Dusit Thani links with CPN on Bt37 bn mixed-use project

Dusit Thani, a hotel and property-development company, has partnered with Central Pattana to renovate and develop a mixed-use project worth around Bt36.7 billion on land it leases in Bangkok from the Crown Property Bureau. The company has signed an agreement with the bureau to renew ...

The steps toward 2025’s logistics transformation

Vietnam has unveiled a new plan to transform the country into a regional logistics hub by 2025. The new plan draws attention to the importance of logistics in Vietnam’s positioning as an international trade hub Prime Minister Nguyen Xuan Phuc recently sanctioned the action plan to enhance ...

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