Economy and commerce
Hai Duong calls for hi-tech agricultural investment
The northern province of Hải Dương will create favourable conditions and offer preferential policies for businesses investing in high-tech agriculture, post-harvest preservation, slaughterhouse construction and production chain development, provincial authorities said.Keep reading ...
Dry port sets hopes on Belt and Road
The country’s first dry port will be built near Myitnge, in Amarapura township, Mandalay Region, and join the Belt and Road network, said U Myo Win, general manager from Myanma Railways (Upper Myanmar).“It is a two-year project under UNESCAP agreement between governments,” he said. UNESCAP ...
VN eyes export boost through Chinese border
Việt Nam should implement polices to increase its export volume through its border gates with China by taking advantage of the Việt Nam-China Border Trade Agreement, experts said.The agreement has created favourable conditions for Việt Nam’s border provinces to change reasonably their economic structure, experts ...
China eases restrictions for investment in free-trade zones
China has removed 27 restrictions in its new list of negatives for foreign investment in its free-trade zones, according to a cabinet notice issued on Friday.Chinese leaders have pledged to open the world’s second-largest economy wider to foreign investors, but a negative list is in ...
PV Power wants strategic investors to buy shares
PetroVietnam Power Corporation (PV Power), a subsidiary of state-owned energy giant PetroVietnam, will sell 49 per cent of its stake later this year, with priority given to strategic investors.The corporation is going ahead with the equitisation process, and its initial public offering (IPO) is planned ...
Why India boycotted the Belt and Road Forum
After three years of uncertainty surrounding China’s ambitious Belt and Road Initiative (BRI), the highly anticipated Belt and Road Forum (BRF) was finally held in May 2017 in Beijing. But India, Beijing’s most populous neighbour, was conspicuous in its absence.Despite earlier concerns over a lukewarm ...
S44 to speed up high-speed train
Gen Prayut Chan-o-cha will use his special power as the junta chief to speed up the long-delayed Thai-Chinese railway project. He insisted his planned issuance of the all-powerful Section 44 of the interim charter to clear legal hurdles in the Thai-Sino rail project is not ...
Supporting SMEs, manufacturing locally and operating in underdeveloped areas criteria for FDI approval, official says
A top official from the Ministry of Commerce told an audience of foreign investors and businesses that foreign investments should be able to support SMEs, manufacture products in Myanmar and operate in underdeveloped areas. Those are the criteria upon which the government will approve or ...
Yunnan pushing trade, investment between Laos, China
Trade value between Laos and China’s south-western Yunnan province has reached US$1.37 billion, making up 40 percent of the total trade between the two nations.Speaking at the opening ceremony of the 2017 South and Southeast Asia Commodities Expo and Investment Fair (SSAECIF) on Monday, Deputy ...
Feasibility study begins on Borikhamxay irrigation project
The Department of Irrigation under the Ministry of Agriculture and Forestry has agreed with China’s Hunan Construction Engineering Group No. 2 Company on a feasibility study of the Nam Khu irrigation project in Pakkading district, Borikhamxay province.A Memorandum of Understanding was signed in Vientiane on ...
