Investment

A Vietnamese government minister has warned that the country must immediately reform its political system if it does not want to be left behind.   Minister of Planning and Investment Bui Quang Vinh told the National Party Congress on 22 January that Doi Moi (Renovation), the economic reforms ...

Chinese solar companies are looking for opportunities in Thailand as an alternative growth destination to China, where the renewable power market has reached saturation point, according to BMI Research. Thailand is emerging as an attractive destination for renewable energy investment as the government looks to reduce the country’s reliance ...

The Vietnam government has decided to transfer a major industrial park in the Mekong Delta province of Tien Giang to the local authority after its manager, PetroVietnam’s construction subsidiary PVC, failed to attract investors.    After acquiring Soai Rap Industrial Park, Tien Giang will find investors to fill ...

India is eyeing the huge opportunities in Cambodia, Laos, Myanmar and Vietnam (CLMV) and wants Indian financial institutes to establish branches in the region to boost trade and investment between the two sides. Addressing the third India – CLMV Business Conclave held last week at the ...

The Walt Disney Company has denied it planned to build a Disneyland in Laos, Khaosod reported. “We continually look for ways to grow our business and as part of that process we have conversations with many different entities,” a US-based company representative said in an email ...

Greater efforts at a national level are needed to create a new wave of investments in Vietnam, Vuong Dinh Hue, head of the Party Central Committee’s Economic Commission, said. Speaking during a recent interview with Vietnam News Agency, Hue said the country’s advancing legal framework and ...

The Lao Furniture Association hopes that the furniture fair, which opened in Vientiane on 14 January, will attract more domestic and foreign investors in the sector and promote Lao wood products on regional and international markets. The Lao Furniture Association on 14 January officially opened its ...

Vietnam’s participation in the ASEAN Economic Community (AEC) will create 14.5 per cent more jobs by 2025, the International Labour Organisation (ILO) found in a survey. Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep said at a workshop on 13 January in Hanoi that ...

Thailand’s Board of Investment said on 12 January it approved applications worth about 800 billion baht last year, missing its target of 1.4 trillion baht, but up from 724.7 billion baht in 2014. The investment agency did not meet its target in 2015 as some applications were submitted ...

Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...