Investment
Investment policy and regulation
Foreign investor accuses Ho Chi Minh City officials of corruption: report
An investor from the British Virgin Islands has filed a complaint against ho Chi Minh City officials for mishandling its investment license and soliciting bribes, local media reported. K.S.T International Holdings Ltd., which is seeking a license to open a business to import electric equipment, said ...
Singapore, Malaysia among biggest investors in Vietnam: report
Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of $56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported. The cumulative investment figure was recorded at the end of September and was up 8.6 percent from ...
Thailand must do more for investors, says Citi chief
While political and policy risks have been among the biggest concerns for foreign investors in recent years, other issues such as bureaucracy, legal enforcement and business restrictions perhaps weigh even more heavily on Thailand’s competitiveness. Darren Buckley, country head of Citi Thailand and president of the American Chamber of ...
Xayaboury province bans further investment in banana farms
Xayaboury province will impose restrictions on banana farms following reports which suggested that farms in several provinces had used harmful chemicals which leaked into the soil and threatened local livelihoods. Governor of the northwestern province, Mr Phongsavanh Sitthavong, recently informed the media that Xayaboury would allow ...
China aims to develop border area with Laos
China has announced that it will invest US$31.4 billion in the Mengla economic zone in Yunnan province of the country, which shares a border with Lunag Namtha and Phongsaly provinces in northern Laos. The investment will cover more than 240 projects in such fields as transportation, ...
ASEAN’s winners and losers under TPP
Earlier this month, 12 countries in the Asia Pacific region signed the Trans-Pacific Partnership (TPP) which ranks as the biggest trade agreement in history – signatory countries account for 40% of total global output. While the treaty still must be ratified by each and every party to it, ...
Canada voices interest in rail project bids
Canada has expressed interest in investing in rail systems, both in Bangkok and upcountry. This makes Canada the latest country to be drawn to the country’s infrastructure development projects. Keep reading ...
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 ...