Giant coal plant taking shape in Sihanoukville

Nearly half of a massive 700-megawatt coal-fired power plant with the $383 million joint venture project that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry ...

New Members Appointed to Burma’s Investment Commission

The Myanmar Investment Commission (MIC) was reshuffled on 7 June to include 11 new members, the President’s Office announced on 8 June. Kyaw Win, Minister of National Planning and Finance, was appointed chairman, and Than Myint, Minister of Commerce, was appointed vice chairman. Aung Naing Oo, former secretary ...

Try Pheap inks $300M seaport deal with Hong Kong company

Timber magnate Try Pheap signed off on a $300 million seaport project with industry heavyweight Hutchison Port Holdings on 30 May, according to Kep provincial governor Ken Sotha. “The two companies held the signing ceremony in Cambodia’s Kep province, but the international port is going to be ...

Hai Phong needs to choose investment projects with practical value: President

Vietnam’s Hai Phong needs to have a clear investment mechanism and select projects with practical benefits for both investors and the locality, President Truong Tan Sang said while visiting the northern port city on 1 March. He asked the locality to efficiently utilise investment in infrastructure ...

Domestic retailers urged for better links

Vietnamese domestic enterprises in the retail industry should strengthen their connections to take better advantages of resources and increase their competitiveness over foreign investors, Chairman of the Hanoi Supermarket Association Pham Vinh Phu said. According to Phu, Vietnamese retailers are vulnerable to integration because of their ...

Thai Government urged to also help big companies go abroad

The Thai Government should change its mindset about offering help only to small and medium-size firms expanding overseas and extend it to larger companies, said Thiraphong Chansiri, president and chief executive of Thai Union Group. Thiraphong added that a new challenge for companies branching out internationally was ...

Vietnam is still scratching the surface of what it can become: economists

Vietnam is believed to have achieved many great successes a lot over the last three decades of economic renovation, but many economists say the years ahead will continue to be challenging.    At a forum in Hanoi last week to mark the 30th year of the reform ...

US surpasses Laos to become Vietnam’s biggest overseas investment destination

The U.S. has overtaken Laos to become the most attractive place for Vietnamese foreign investment in the first nine months of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. The North American country attracted $101.4 million out of ...

Setting the right price for investors

Subscription to the initial public offering of Phnom Penh Autonomous Port (PPAP) opened on 12 November. The capital’s port operator aims to raise $5.2 million by floating a 20 per cent stake on the Cambodian stock exchange in December, becoming the third company to list on ...

Thai-owned BAAC launches B42bn scheme to assist farmers

Thailand’s state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has launched three financial support programmes to help shore up paddy prices during the 2015-2016 harvest season.  Keep reading ...

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