Investment policy and regulation
Foreign investors
‘Footloose’ garment sector continues to drive growth
Despite an onset of risks—the uncertainty of upcoming elections, a looming E.U.-Vietnam free-trade deal and a rising U.S. dollar—the immediate outlook for Cambodia’s economy remains bright, a World Bank report released on October 5 says. But the country will have to address looming challenges now in order ...
Businesses still struggle with administrative procedures
Vietnam has made some strides in administrative reform but local enterprises are still grappling with administrative procedures relating to taxes, sub-licenses and inspections, heard at a meeting between National Assembly deputies and businesses on October 3. Aside from capital, market and technology, the business community needs ...
TrueMoney goes international, targeting Myanmar
Local mobile payment companies are gearing up to extend their payment services overseas after the Bank of Thailand eased foreign exchange rules. The central bank in March eased the regulations to allow companies that hold payment licences under the law regulating e-payment to act as ...
Giant East Asian manufacturers dominate Vietnam’s industrial parks
Giant East Asian manufacturers were major clients of industrial parks across Vietnam in the first half of 2016, according to a report on industrial real estate released on October 4 by Savills Vietnam. The most outstanding projects came from hi-tech product manufacturers of the Republic of ...
Thermal power plants increasing on Hau River
Why are coal-run thermopower plants located on the Hau River? Why do the plants all use Chinese technology? Will there be another Formosa on the Hau River? These are questions raised by environmental experts about the appearance of many coal power plants believed to threaten the ...
Large M&A deal could change Vietnam’s sugar industry
Hoang Anh Gia Lai Group HAGL has finally confirmed that it is negotiating with Thanh Thanh Cong on the transfer of its sugar mill in Laos to TTC. As both of them are giants in their field, the deal is expected to lead to big ...
Japanese businesses eye VN agriculture
An increasing number of Japanese firms are interested in investing in Việt Nam, particularly in the agriculture sector, Tanoi Masahiko of Japan’s Ministry of Agriculture, Forestry and Fisheries said at a meeting on September 27. He said the increased number of businesses participating in the ...
Documentary raises alarm over Shan region threatened by Salween dam
Activists on September 28 released a 30-minute documentary as part of a campaign against a mega-dam in central Shan State. The documentary, called Drowning a Thousand Islands, includes local people from the remote Kunhing area voicing their concerns that the proposed Mong Ton hydropower project will irrevocably ...
’Quảng Nam should model sustainable development’
The central province of Quảng Nam should become a rapid, sustainable and comprehensive development model, Prime Minister Nguyễn Xuân Phúc told the province’s leaders in a meeting on September 28 in Hà Nội. The PM asked the province to work with neighbouring Đà Nẵng City and Quảng ...
ADB puts Thailand’s GDP growth forecast at 3.2%
The Asian Development Bank has slightly revised up its forecast for Thailand’s 2016 economic growth from 3 per cent to 3.2 per cent, praising the country’s investment in infrastructure. “Government infrastructure investment is a key contributor to growth in Indonesia, the Philippines, Singapore and Thailand,” ...
