Foreign investors

The task of securing US$6 billion in foreign direct investment (FDI) during an election year initially seemed daunting, according to Myanmar Investment Commission secretary U Aung Naing Oo. Yet the anticipated slowdown in investment has not materialised. Instead, over the past few months his Yankin office ...

Shares in Vinamilk, Vietnam’s largest listed company, hit an all-time high on Tuesday after local media said a drinks-maker controlled by Thailand’s second-richest man plans to buy out the state’s 45% stake. Keep reading ...

Vietnam’s government will allow private and foreign investors to provide services at Vietnamese airports for the first time this December. Thanh Nien News reported that new legislation, which will take effect 12 December, will allow private investors to purchase rights to manage airports and provide some ...

The central Quang Tri Province intends to request a total investment of VND87 trillion (nearly US$4 billion) in its 18 projects in key sectors at an investment promotion conference in November. Speaking at a meeting with 20 investors held here on 28 October, Nguyen Van Hung, ...

Real estate conglomerate Vingroup has acquired Vietnam’s oldest supermarket chain Maximark in an effort to strengthen its foothold in the retail market.   The value of the deal has not been revealed. Maximark, whose first supermarket was open in January 1996, has nine supermarkets, mostly in Ho ...

The government has announced a new decree which for the first time will allow private and foreign investors to provide certain services at Vietnamese airports.    According to the decree, which will take effect on 12 December, private investors will be allowed to purchase rights to manage ...

An investor from the British Virgin Islands has filed a complaint against ho Chi Minh City officials for mishandling its investment license and soliciting bribes, local media reported.    K.S.T International Holdings Ltd., which is seeking a license to open a business to import electric equipment, said ...

Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of $56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported.   The cumulative investment figure was recorded at the end of September and was up 8.6 percent from ...

While political and policy risks have been among the biggest concerns for foreign investors in recent years, other issues such as bureaucracy, legal enforcement and business restrictions perhaps weigh even more heavily on Thailand’s competitiveness. Darren Buckley, country head of Citi Thailand and president of the American Chamber of ...

Canada has expressed interest in investing in rail systems, both in Bangkok and upcountry. This makes Canada the latest country to be drawn to the country’s infrastructure development projects.  Keep reading ...