Investment

Investment policy and regulation

PM reveals measures to bolster economic growth

Prime Minister Thongloun Sisoulith told the National Assembly that the government will employ a number of measures to spur economic growth amid the current economic and financial constraints. The prime minister on October 31 responded to questions raised by Assembly members about stimulus measures and policies the ...

Three Mandalay projects delayed pending review

Three Mandalay Region development projects approved under the previous government are being reconsidered under the National League for Democracy administration. The projects are temporarily stalled while experts study potential negative impacts on the local environment and the public, officials have noted. Organising committees have been formed ...

Wooden furniture manufacturers beg for support

The HCM City Fine Arts and Woodworking Association predicted that Vietnam may reach $7.6 billion from timber and wooden exports in 2016, an increase of 10 percent compared to 2015. Meanwhile, experts have repeatedly warned of the danger of falling behind other regional countries. Vietnam urged to ...

ANZ to remain in local market?

The chief executive of ANZ Royal Bank has denied media reports that the Australian and New Zealand Bank Group is considering pulling the plug on its Cambodian operations amid a planned retreat from the region’s markets. In a filing to the Australian Stock Exchange on ...

Young farmers turn to social media to stimulate growth

The rice price crisis may be a pressing problem for most rice growers, but not for a group of young farmers who know how to exploit sales through social media. For Pongpat Sukarbjai, the key to selling crops is in reducing the use of pesticides and ...

How has outdated Chinese technology entered Vietnam?

Vietnamese businesses are continuing to import outdated Chinese technology despite repeated warnings by scientists that the country could become a ‘technology landfill’. The latest report of the Ministry of Science & Technology shows that technologies used in most industries in Vietnam are outdated, causing serious pollution ...

Rice farmers despair amid low prices

Kneeling and sobbing before a top commerce ministry official, a Phichit farmer appealed to the government on October 30 to help growers suffering from the fall in rice prices to 5,000 baht a tonne, the lowest level in decades. Sanit Kaho, a 63-year-old farmer, held the legs ...

Bokeo airport upgrade likely to be delayed

Much-needed improvements to Bokeo airport may have to wait a few years more because the government cannot afford to pay for the upgrade of this provincial facility. Minister of Public Works and Transport Dr Bounchan Sinthavong last week informed Assembly members of the situation when speaking ...

Gems traders in Mandalay to protest decline in jade market

Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...

Waiting to tap rubber’s rebound

The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. While international rubber prices have been ...

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