Vietnam's biggest company set to boost foreign ownership limit

Vietnam Dairy Products JSC is willing to raise foreign ownership in the country’s biggest company by market value to the maximum level the government would allow.   “We want to open the room by the limit allowed by the government because the investment of overseas investors will ...

Thai group to manage $1.5bln Vietnam resort

Thailand’s ONYX Hospitality Group has signed an agreement with Vietnam’s HB Group to manage a US$1.5-billion resort that is being built in Hoi An, local authorities announced on 18 October. Keep reading ...

Permitted investments, local and foreign, on the increase

Investment in Myanmar will continue to grow after the elections, business sources predict.  They were commenting on the announcement by the Directorate of Investment and Companies Administration that Myanmar Investment Commission had permitted 204 local and overseas investments in the first six months of the current ...

EU investments in Vietnam start to recover

Foreign direct investment from the European Union to Vietnam is recovering this year after a downtrend since 2011, according to a report from the Ministry of Planning and Investment’s Foreign Investment Agency. A report released this week pointed out that the EU’s total investment in Vietnam ...

Offshore funds flood Thai bond market

Offshore capital is rapidly flooding the Thai bond market, with half of the first nine months’ fund outflows from the market turning back during the first 12 days of October. The return had been buoyed by hopes of the US Federal Reserve rate hike delay.  Keep reading ...

Laos SEZs prove to be major job generators

Sixty-five companies from Laos and foreign countries including Thailand at the Savan-Seno Special Economic Zone have created over 4,500 jobs for local people. According to Thongsay Sayavongkhamdy, a senior official from the Savannakhet provincial authority, from now until 2020, both local and overseas companies are expected to ...

CPI Yunnan calculates cost of Myitsone Dam

CPI Yunnan International Power Investment Company has recalculated its spending on the suspended Myitsone hydropower project, and is waiting for the Myanmar government to approve the figure.  CPIYN is the majority shareholder in Upstream Ayeyarwady Confluence Basin Hydropower Company, the dam’s developer. The calculation was made in ...

Thai Government to woo Western investors

Prime Minister Prayut Chan-o-cha’s UN trip has eased international concerns over the military coup, paving the way for other cabinet ministers to make overseas visits to boost foreign investor confidence in Thailand, Deputy Prime Minister Somkid Jatusripitak said on 7 October. Keep reading ...

Japan's Sapporo buys out its Vietnamese beer venture: report

State-owned tobacco company Vinataba has sold out its 29 percent stake in Sapporo Vietnam to Japanese parent Sapporo Holdings, news website VnExpress reported on 4 October. Keep reading ...

Investors sour on Southeast Asia’s growth plans

Governments in Southeast Asia in the past several weeks have accelerated plans to boost growth and prop up markets amid worries about the spillover of China’s slowdown. But investors aren’t convinced. In August and September combined, equity outflows from Malaysia, Indonesia and Thailand quickened at the ...

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