Economy and commerce

With its favorable socio-economic conditions, HCM City should be a hub for start-ups, Deputy Prime Minister Vuong Dinh Hue said at a working session with city leaders on 20 May. He called on city leaders to take strong measures to boost exports and control inflation and ...

Vietnam has been promised US$10.15 billion of foreign direct investment in the first five months this year, up a staggering 136 percent from a year ago, according to new data. A statement from the Ministry of Investment and Planning said Vietnam licensed 907 new foreign projects ...

Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives. With a registered capital of $5 million, Lawrence Kook, Director of Golden FX Link, said that the company received a license in principle from the Securities and ...

The second phase of a 2400-hectare special economic zone to the south of Yangon will be finished in July, with residential and commercial developments to follow, an official has said. Once the second phase of Zone A is finished in July, a company called Thilawa Property ...

Businesses have poured more than 100 billion yuan into the Laos-China Boten-Mohan border economic cooperation zone, lured by investment incentives offered by the governments of both sides, the latest data shows. Located at the Mohan Border Port, which is China’s gateway to Laos and provides access ...

The trade surplus in the first quarter of 2016 alone was five times higher than that of the entire year of 2012. But this could be bad news. In 2012, the country got trade surplus for the first time after 20 consecutive years of witnessing trade ...

The National Human Rights Commission will report to the government after its investigation on 23 May into alleged human rights violations in the Tak Special Economic Development Zone. Its conclusion was that the main problem in the dispute was the lack of opportunity for public involvement in the ...

Investor appetite is high for shares in Myanmar Thilawa SEZ Holdings Limited, which will on 20 May become the second company to list on the Yangon Stock Exchange, securities firms say. MTSH, established in 2013 by a nine-shareholder consortium, will list 3.9 million shares at a base ...

Malnutrition costs the Cambodian economy an estimated $266 million each year, according to a new report, which urged the government to invest more in tackling the problem. Suboptimal breastfeeding and malnutrition in mothers were also factors, accounting for $36.9 million, which Wieringa said pointed to an ...

The Trans Pacific Partnership and ASEAN Economic Community are expected to offer more market opportunities for insurance companies in Viet Nam, but will also present tough challenges in a more competitive international environment. “The current Vietnamese insurance market is facing many disadvantages and hasn’t met its ...