Investment
Investment policy and regulation
Vietnam growth surge masks weak local firms in 2-speed economy
Vietnam’s export-driven economy is set to grow at its fastest pace in eight years in 2015 and it’s foreign firms in the country that are riding the wave, leaving local companies lagging far behind. Foreign-owned businesses shipped 70 percent of Vietnam’s total exports so far this ...
No slowdown in foreign investment, says MIC secretary
The task of securing US$6 billion in foreign direct investment (FDI) during an election year initially seemed daunting, according to Myanmar Investment Commission secretary U Aung Naing Oo. Yet the anticipated slowdown in investment has not materialised. Instead, over the past few months his Yankin office ...
Charoen eyes $4bn buy of Vietnam's biggest company
Shares in Vinamilk, Vietnam’s largest listed company, hit an all-time high on Tuesday after local media said a drinks-maker controlled by Thailand’s second-richest man plans to buy out the state’s 45% stake. Keep reading ...
Vietnam opens airport investment
Vietnam’s government will allow private and foreign investors to provide services at Vietnamese airports for the first time this December. Thanh Nien News reported that new legislation, which will take effect 12 December, will allow private investors to purchase rights to manage airports and provide some ...
Cambodia pins economic hopes on AEC
Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...
Vietnam's Quang Tri province seeking $4b investment
The central Quang Tri Province intends to request a total investment of VND87 trillion (nearly US$4 billion) in its 18 projects in key sectors at an investment promotion conference in November. Speaking at a meeting with 20 investors held here on 28 October, Nguyen Van Hung, ...
Vietnam to let private company operate Da Lat tourist rail line: report
The Ministry of Transport is looking for a private company to operate a tourist rail line in the Central Highlands resort town of Da Lat, following decades of losses, news website Saigon Times Online reported on 28 October. Keep reading ...
Cambodia's business rankings edge up
Cambodia improved its ranking for the ease of doing business from 133 last year to 127 in 2015, making marked progress in the number of days and procedures required to start a business, though it is still ranked well below the world average, according to ...
Real estate giant Vingroup acquires Vietnam's oldest supermarket chain
Real estate conglomerate Vingroup has acquired Vietnam’s oldest supermarket chain Maximark in an effort to strengthen its foothold in the retail market. The value of the deal has not been revealed. Maximark, whose first supermarket was open in January 1996, has nine supermarkets, mostly in Ho ...
Vietnam to open up airports to private, foreign investors
The government has announced a new decree which for the first time will allow private and foreign investors to provide certain services at Vietnamese airports. According to the decree, which will take effect on 12 December, private investors will be allowed to purchase rights to manage ...