Economy and commerce

Lao, Thai companies launch Saravan agribusiness project

The Tripletwo 222 Holding Co., Ltd. under Tripletwo 222 Group of Thailand has teamed up with Bachieng Agriculture Promotion Export-Import Sole Co., Ltd. to establish a large tapioca factory in Saravan province. The project is underway with investors expecting construction to be completed in 2019. ...

Wa State suffers as fewer Chinese come to party

In a remote casino in northeastern Burma, China’s pervasive campaign against graft has taken its toll. Hundreds of local traders and farmers place petty bets as low as 10 cents, outnumbering a few Chinese who were once the VIPs of a gambling hall decorated with ...

Wasted lands hinder local development

Several construction projects in Hà Nội have been delayed for years, wasting land and hindering the city’s land management process while other social security constructions remain in need of space. Seven of the 28 constructions projects in Quốc Oai District are waiting to be implemented ...

Commerce ministry cracks down on unreported export earnings

The Ministry of Commerce is working with the Central Bank to crack down on unreported export earnings, according to Union minister U Than Myint. The government has adopted a multi-pronged strategy to try to counter the volatile US dollar-kyat exchange rate, which has prompted widespread complaint ...

VN OilGas top list of 500 leading firms

Vietnam Oil and Gas Group topped the list of 500 leading companies announced at a ceremony in Hà Nội on January 19. It was followed by Samsung Electronics Vietnam Co Ltd, Viettel Group, Electricity of Việt Nam, and the Vietnam National Petroleum Group. The annual event, ...

Vietnam, UK boost strategic partnership

The Vietnam-UK Network has contributed significantly to stimulating the strategic partnership between the two countries, said Vietnamese Ambassador to the UK Nguyen Van Thao at a recent meeting of the network. Thao said the two partners overcame difficulties to secure sound cooperation outcomes last year, with ...

Japan’s Shinwa Group kicks off ASEAN expansion push in Thailand

Japanese property firm Shinwa Group plans to expand its investment in ASEAN between now and 2019, targeting revenue from overseas sales to reach Bt10 billion by that year. The group launched its foray into the ASEAN market last year, announcing its first investment in Thailand, ...

Logistics firm DSV launches rebranded local branch

Global transport and logistics company DSV announced on January 19 it started operations in Cambodia following its acquisition last year of UTI Worldwide and its office in the Kingdom. DSV acquired UTI Worldwide in January 2016 for a reported $1.35 billion, making it the fourth-largest ...

Fish farm project on the table

A Chinese firm and its local partner have floated a proposal for a $100 million aquaculture project in Cambodia that would include fish farms, a feed mill and a fish processing plant. Representatives of China Ocean Fishing Holding Ltd and local holding company Khmer Holding ...

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