Economy and commerce

Economic policy and administration

Vietnam: Mekong Delta needs VNĐ120 trillion in public investment by 2025

The Mekong Delta region needs public investment of VNĐ120 trillion for the green growth from 2016 to 2025, Vietnam’s the Ministry of Planning and Investment (MPI) said.Keep reading  ...

Vietnam News Reporter

ICT investment vital to prosperity in Asia-Pacific

Thailand is one of the ICT infrastructure development leaders among emerging countries in Asia-Pacific, but its telecom firms and government agencies must embrace the challenges brought about by the development of the digital economy.Keep reading ...

Policy lagging technology, OECD warns

To capitalise on the transition to a digital society, nations in Southeast Asia need to close the gap between advanced technology and lagging policy, the Organisation for Economic Cooperation and Development (OECD) said last week.Keep reading ...

E-commerce set to boom in Laos but no laws to regulate sector

The e-commerce market in Laos is set to take off amidst the rapid growth of internet penetration in the region but the country still does not have laws to regulate such activities, experts have noted. This has resulted in Laos losing out on the benefits ...

VN needs policies to boost digital economy: experts

Việt Nam needs to raise policies to boost digital economy, a stimulator to generate added value and breakthroughs for sustainable development, experts have said.Keep reading ...

Asia growth outlook brightens on strong exports - ADB

The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...

Australia increases ODA to Laos with education, trade development focus

Australia will increase its Official Development Assistance to Laos from AUD40.7 million in 2016-2017 to AUD42.3 million in 2017-18. The financial support announced during the Laos-Australia Portfolio Review Meeting was held on Friday, which also discussed the progress of development cooperation between the two countries.Read ...

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 ...

Fast track gains seen in tax, customs procedures

The finance ministry will build on the successes it has recorded last year in implementing a Resolution on improving the business improvement, Ngô Hữu Lợi, head of its Legal Department, tells the Vietnam News Agency. What are general results of the Finance Ministry implementing Resolution 19/2016/NQ-CP ...

Creativity vital to progress of society, economy: Adobe study

Adobe Systems, a US-based multinational computer-software company, sees strong growth in use of its Creative Cloud product in Asia-Pacific countries because the number of subscribers outside the United States grew almost 50 per cent as of end of the third quarter. The 46-per-cent year-on-year subscription ...

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