Investment policy and regulation

A Vietnamese government minister has warned that the country must immediately reform its political system if it does not want to be left behind.   Minister of Planning and Investment Bui Quang Vinh told the National Party Congress on 22 January that Doi Moi (Renovation), the economic reforms ...

Chinese solar companies are looking for opportunities in Thailand as an alternative growth destination to China, where the renewable power market has reached saturation point, according to BMI Research. Thailand is emerging as an attractive destination for renewable energy investment as the government looks to reduce the country’s reliance ...

The Vietnam government has decided to transfer a major industrial park in the Mekong Delta province of Tien Giang to the local authority after its manager, PetroVietnam’s construction subsidiary PVC, failed to attract investors.    After acquiring Soai Rap Industrial Park, Tien Giang will find investors to fill ...

The Walt Disney Company has denied it planned to build a Disneyland in Laos, Khaosod reported. “We continually look for ways to grow our business and as part of that process we have conversations with many different entities,” a US-based company representative said in an email ...

Thailand’s Board of Investment said on 12 January it approved applications worth about 800 billion baht last year, missing its target of 1.4 trillion baht, but up from 724.7 billion baht in 2014. The investment agency did not meet its target in 2015 as some applications were submitted ...

Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...

More than a year after entering Vietnam and constantly facing authorities’ scrutiny and protests from taxi companies, US-headquartered cab-hailing service Uber is in the hot seat for failing to pay taxes.   Speaking to Tuoi Tre newspaper on 9 January, a Ho Chi Minh City tax official ...

Business leaders in Nakhon Phanom are scrambling for facts to verify the reported construction of Disney Laos, with fears that this could be a hoax which could spark land price speculation in the northeastern province. Charnyuth Uppapong, chairman of the provincial chamber of commerce, said on ...

Thai consumer goods group TCC Holding Co. Ltd has completed its acquisition of the Vietnamese operations of Metro for 655 million euros (US$704.1 million).   TCC’s subsidiary TCC Land International Pte. Ltd. takes over Metro’s 19 stores and related real estate portfolio in Vietnam, the German company ...

Two Malaysian companies plan to invest US$18 million (RM79 million) for the inoculation of agarwood in Laos that is expected to generate US$200 million in three years. Agriculture transaction company Aseagate (M) Sdn Bhd, forestry management company Richwood Capital Sdn Bhd, together with non-governmental organisation Global ...