Phnom Penh Autonomous Port seeks to generate $6.4M

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released on 9 October. Keep ...

Vietnamese PM approves waterway transport projects

Prime Minister Nguyen Tan Dung has released a decision approving waterway infrastructure policies expected to boost the sector’s growth. Domestic waterway transportation plays a vital role in transporting goods and passengers across Vietnam. It creates millions of jobs, but the Ministry of Transport said Government support ...

Thai fishing trawlers unloading catch in Cambodia

More than 200 fishing trawlers from Trat province are now docking and unloading their catches in Cambodia’s adjoining Koh Kong province to evade the strict regulations being enforced against unregistered vessels and fishing equipment in Thailand. Keep reading ...

Myanmar launches Thilawa industrial zone

Dignitaries from Myanmar and Japan on 23 September launched the first phase of a huge industrial zone on the outskirts of Yangon, as the long-isolated nation pushes to rapidly accelerate its industrialisation. Housing everything from children’s toy manufacturing to a car assembly plant and a deep-sea port, ...

Vietnam builds a $1.7 billion port, and now it lies waiting for ships

More than six years since its opening, a VND40-trillion (US$1.75 billion) deep-river port complex in the southern province of Ba Ria-Vung Tau is still struggling to reach its designed capacity.   Statistics from the province’s transport department showed that a total of 1.16 million TEUs were handled ...

Capital’s port on course for IPO

Cambodia Securities Exchange (CSX) will hold a meeting next week to review the submitted financial statements of Phnom Penh Autonomous Port, Cambodia’s second-largest port, and to consider its eligibility to list and trade its securities on the stock exchange, a CSX official said on 16 ...

Vietnam to build $2.5 billion seaport at center of new regional route

Vietnam is set to build a US$2.5 billion seaport in Ca Mau, its southernmost province, hoping to steal some spotlight away from the more popular regional hubs Singapore and Malaysia, local media reported.    Under a proposal recently approved by Prime Minister Nguyen Tan Dung, 85 percent of ...

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