Investment
Investment policy and regulation
Ticon follows factory shift to Cambodia
Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. Lalitphant Phiriyaphant, the company’s chief financial officer, said Ticon has already invested $20 million into expansion in ...
500m yuan payout for property owners alongside railway may be too small
The compensation to be paid to the owners of parcels of land and buildings that will be used or demolished to make way for the Laos-China railway may not be enough. Ministers addressed this issue at the National Assembly’s ongoing debate session on October 26, ...
Government criticised in first independent report on Formosa disaster
The Vietnamese government has been accused of a slow response, and a lack of transparency and accountability, in the first independent report into the environmental disaster that killed millions of fish off the central coast earlier this year. The report by the unregistered civil society organisation, ...
VN, Singapore pledge to beef up ties
Việt Nam and Singapore have agreed to work together to seek new directions for co-operation in order to optimise opportunities and benefits brought about by free trade agreements and the ASEAN Economic Community. Deputy Prime Minister and Foreign Minister Phạm Bình Minh and Singaporean Foreign Minister ...
VN, Myanmar to enhance political-diplomatic ties
Việt Nam and Myanmar have agreed to further enhance political and diplomatic ties via increasing all-level visits and contacts through Party, government, State, National Assembly channels and people-to-people exchange. The agreement was reached during talks between President Trần Đại Quang and Myanmar President Htin Kyaw following ...
Mekong countries discuss measures to boost region's development
Leaders of the five Mekong countries discussed measures to promote cooperation and make the region more dynamic and competitive at the two summits that convened in Hanoi on October 26. The capital is hosting both the 8th Cambodia-Laos-Myanmar-Vietnam Summit and the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...
Cambodia on alert for US taxpayers
With the Internal Revenue Service, the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia on October 26 held a presentation for investors and financial institutions ...
Locals want a disruptive dam project in Northern Myanmar terminated once and for all
It has now been five years since the Myitsone Dam project in Northern Myanmar was suspended, but a local ethnic Kachin man, Mung Ra, is still not satisfied. He wishes that the project had been entirely terminated. He frequently laments the loss of his farm and ...
Southeast Asia’s last major undammed river in crisis
China has suspended dams upstream of the Salween but the Myanmar government is pushing ahead with Chinese backed dams downstream, despite environmental costs and cheaper alternatives. From the snow-capped mountains of Tibet, the Salween rushes through steep gorges in Yunnan Province and flows through four of ...
PM: harness the Mekong region's economic power
The Greater Mekong Sub-region has the potential to become a major global production center due to its favorable geographical location and its proximity to economic powerhouses in both Southeast and South Asia, Prime Minister Hun Sen said on October 25. Speaking in Hanoi at the opening ...