Economy and commerce
Investment
Mekong group sets sights on agriculture
The Lancang-Mekong Cooperation (LMC), a relatively new mechanism to enhance regional cooperation among Greater Mekong Subregion (GMS) countries and China, is still in its infant stages, but has already achieved a great deal when it comes to the development of agriculture technology in the region, ...
‘One Belt, One Road’ initiative underway, but experts warn of difficulties ahead
China’s “One belt, One Road” railway link with Asean has started to materialise as construction in Laos has progressed to more than 10 per cent of the project linking China’s border to Vientiane.However, one expert has warned that the Chinese government’s financial support for the ...
Atul Aneja
Vietnam: Mekong Delta needs VNĐ120 trillion in public investment by 2025
The Mekong Delta region needs public investment of VNĐ120 trillion for the green growth from 2016 to 2025, Vietnam’s the Ministry of Planning and Investment (MPI) said.Keep reading ...
Vietnam News Reporter
Thai industrial park developer plumbs expansion on the Mekong
Amata plans Vietnam, Myanmar sites; eyes Laos.Amata Corp. of Thailand plans to develop industrial estates in cheaper neighboring countries along the Mekong River where it is betting manufacturing will pick up.Amata will begin development of two sites in Vietnam and one in Myanmar next year. ...
Nikkei staff
Co-operation orientations within APEC to be presented to ministers, leaders
A number of strategic documents that orient long-term co-operation within the Asia-Pacific Economic Co-operation (APEC) region over the coming decades will be presented to the bloc’s ministers and leaders this week, according to Chair of 2017 APEC Senior Officials’ Meeting (SOM) Bùi Thanh Sơn.Keep reading ...
VNS staff
"APEC VIETNAM 2017" – Fostering a shared future in a changing world
Vietnam President Trần Đại Quang wrote an article entitled “APEC Vietnam 2017 – Fostering a shared future in a changing world” just ahead of the APEC 2017 Economic Leaders’ Week, which is taking place in the central city of Đà Nẵng, Vietnam, from November 6-11 Keep ...
Tran Dai Quang
Cambodia clampdown threatens Chinese interests
[] US President Donald Trump’s government, after all, had pledged to deeply cut development aid to several developing countries, including Cambodia, even before recent political tensions mounted.But the US and EU remain Cambodia’s largest trading partners and possible economic sanctions on the Southeast Asian nation, which ...
David Hutt
Thailand’s PTTGC eyes Bt2bn-3bn plastics sales from CLMV markets
Thailand’s PTT Global Chemical aims to generate sales of baht (Bt) 2bn-3bn ($60m-90m) from neighboring countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), as it makes investments to boost the region’s plastics industry, the company’s president and CEO Supattanapong Punmeechaow told ICIS. Keep reading ...
Pearl Bantillo
China’s cooling economy is a warning for ASEAN
As China heads into its Party Congress next week, concerns have been surfacing over the past few months about the state of the world’s second-largest economy, which has implications not just for Beijing but also neighboring Southeast Asian states. The recent downgrading by Standard & Poor’s (S&P) ...
Luke Hunt
Mega First unit secures RM634m loan for Laos hydro power project
Mega First Corporation Bhd has secured loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club ...
Joseph Chin