Industry policy and administration

Giant East Asian manufacturers dominate Vietnam’s industrial parks

Giant East Asian manufacturers were major clients of industrial parks across Vietnam in the first half of 2016, according to a report on industrial real estate released on October 4 by Savills Vietnam. The most outstanding projects came from hi-tech product manufacturers of the Republic of ...

MGMA backs garment industry to boom when US sanctions are lifted

Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade ...

Japanese construction giant to spend USD1bn on 50 projects in Vietnam

Tokyo-based contractor Kajima will team up with Indochina Land. Vietnam’s property market continues to ensnare Japanese firms. The latest: a partnership between Kajima and Hanoi-based developer Indochina Capital, which was unveiled on September 16, will officially begin in October. The resulting venture, ICC-Kajima, is expected to plough USD1 ...

Calls for new property investment law

Real estate associations have proposed amending the Law on Land and the Law on Trading Real Estate to create favourable conditions for investors in property investment. Le Hoang Chau, chairman of HCM City Real Estate Association, said the association proposed amending the two laws to permit ...

Department draws up IP roadmap, targets red zones

An intellectual property reform roadmap featuring an action plan for the short, medium and long terms is set to go before Prime Minister Prayut Chan-o-cha later this month. Nuntawan Sakuntanaga, director-general of the Intellectual Property Department, said the department has completed the reform roadmap, which will ...

A fundamental change needed for economic reforms

The change of the country’s economic structure has once again become a hot topic among business people and law makers following the recent general election. At an international seminar to discuss the World Bank’s report held recently by the Vietnam Chamber of Commerce and Industry, the ...

Govt urged to promote at least three $1-billion tech start-ups in five years

Thailand should nurture at least three technology business start-ups worth US$1 billion each within the next five years, according to an industry white paper. Citing the white paper submitted to the government, Patai Padungtin, president of Thailand Start-up Association, said the country needed to quickly develop the ...

Thailand pushes for next-generation automotive

Thailand has stressed its desire to be the manufacturing hub for eco and hybrid vehicles. During his meeting with top executives of Japanese auto makers on 7 March, Prime Minister Gen Prayut Chan-o-cha said that these cars would pave way for the manufacturing of high-technology electric ...

Call for manufacturers to cut water usage

Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is urging businesses to cut water consumption to help reduce the adverse effects from the intensifying drought.  JSCCIB chairman Supant Mongkolsuthree said he expected to see a 20-30% drop in water consumption from now through the end ...

New auto sector strategy released

Vietnamese Prime Minister Nguyen Tan Dung has issued a decision regarding the mechanisms and policies needed to implement the strategy for Vietnam’s automobile industry development through 2025, with a vision toward 2035. The measures will also cover the master plan for Vietnam’s automobile industry development through ...

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