Economy and commerce
Investment
Vietnam's SMEs face a range of difficulties
A host of difficulties face small and medium-sized enterprises in Vietnam, Deputy Minister of Planning and Investment Dang Huy Dong told a conference on March 2 in Hanoi on policies to support SMEs and the experience of Japan. He also insisted that SMEs play a ...
Borikhamxay orders six business licences rescinded
Six companies operating in Borikhamxay province have been ordered to permanently cease operation after checks by officials revealed that they had already stopped their business activities in the province. The companies involved include KL Wooden Processing Co., Ltd and Lao-China Gold Mining Cooperation Company, which ...
Senior officials discuss priorities for APEC 2017
Senior officials from the 21 member economies sat together for the first working day on March 2 in Nha Trang, discussing three out of four priorities proposed by Việt Nam for the APEC Year 2017. The priorities include fostering sustainable, innovative and inclusive growth; deepening regional ...
ASEAN aims for unity on tourism
If Southeast Asia is to truly be a single tourist destination, give visitors from afar a single visa to travel freely. The Association of Southeast Asian Nations is undertaking a tourism marketing campaign to mark its 50th anniversary this year. It is called “Visit ASEAN@50: ...
EU-VN pact eagerly awaited
Việt Nam’s upcoming free trade agreement with the European Union is expected to make Việt Nam the most promising business destination for European companies in Southeast Asia. The statement was made by Michael Behrens, Chairman of the European Chamber of Commerce in Việt Nam, at ...
Travel firms want open visa policy to lure tourists
‘Kong: Skull Island’, an American film with many scenes shot in Vietnam, to open in cinemas on March 10, is expected to bring a golden opportunity to Vietnam to attract travelers and develop the tourism industry. A report of the General Statistics Office showed that in ...
Commerce OK with using Article 44 to speed up patent approvals
The Commerce Ministry supports use of the military-led regime’s sweeping powers under Article 44 of the interim charter to streamline patent applications, partly by taking into consideration the judgement of foreign authorities to approve similar patents. Commerce Minister Apiradi Tantraporn said more than 36,000 patent ...
Asian infrastructure needs US$ 1.7 trillion a year: ADB
The infrastructure needs in developing Asia and the Pacific will exceed US$22.6 trillion through 2030, or US$1.5 trillion a year, if the region is to maintain growth momentum, according to a new flagship report by the Asian Development Bank. The estimates rise to over US$26 ...
Investors to study feasibility of tourism complex in Vangvieng
A Chinese company is keen to develop a tourism complex on a disused airfield in the town of Vangvieng, believing it will attract even more visitors to the already popular tourist hotspot. The provincial authorities agreed on Tuesday that the Yijin Construction Engineering Lao Co., ...
As global food demand rises, climate change is hitting staple crops
While increases in population and wealth will lift global demand for food by up to 70 percent by 2050, agriculture is already feeling the effects of climate change. This is expected to continue in coming decades. Scientists and farmers will need to act on multiple fronts ...