Investment
Investment policy and regulation
New bridge slated for Mandalay-Muse highway
A new concrete bridge will be built on the Mandalay-Muse Highway, the main route for border trade through Shan State to China, according to a statement by the Ministry of Information on August 5. The bridge will incorporate a two-lane highway as well as hard shoulders ...
Vietnam seeks deepened ties with Brunei, Singapore
The upcoming State visits to Brunei and Singapore by President Tran Dai Quang aim to realise the foreign policy set forth by the 12th Party Congress and deepen relations with the two ASEAN member countries. Vietnam and Brunei established diplomatic ties on February 29, 1992. Since ...
More angels coming in search of worthy investments
Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong ...
China, ASEAN ‘need fast RCEP deal’
ASEAN’s trade relationship with China has reached a crucial turning point with the latest 2015 figures showing a 3-per-cent contraction, making it necessary to quickly conclude the Regional Comprehensive Economic Partnership agreement, according to a top Chinese think-tank. Zhang Yuyan, director of the Institute of World ...
Lao Securities issues warning on dubious financing companies
The Lao Securities Commission Office is advising people considering making deposits with financial institutions to make a careful assessment before going ahead. Various financing companies in Laos are encouraging people to deposit with them by offering a higher rate of interest than that provided by banks ...
Japan firms invest in local property sector despite potential risks
Many Japanese companies are aware of potential risks in the Vietnamese real estate sector but they have an increasing presence in this market, according to Tokyo-based Recof Corporation, a consultant on merger and acquisition (M&A) deals. Masataka Sam Yoshida, senior executive for the Vietnam market at ...
Garment sector figures disputed
Government officials and union groups on August 23 cast doubts on the findings issued by the industry body for the nation’s garment and footwear manufacturers, challenging its claim that mounting investor concerns had forced dozens of local factories out of business and resulted in a sharp ...
Why doesn't Vietnam have large businesses?
Many newly emerged businesses have been sold to foreign investors as soon as they became better known, and before they could become powerful conglomerates. More than 90 percent of Vietnamese businesses are small and Vietnam does not have large corporations which can act as pillars in ...
Over 300 business people, academia to attend ABIS 2016
More than 300 business people, academia, and speakers from institutes in and out of ASEAN are expected to attend the ASEAN Business and Investment Summit 2016 next month. The number was reported by the Lao National Chamber of Commerce and Industry on August 23. According to LNCCI, ...
ASEAN community meets in Dubai for future cooperation
The heads of missions of five ASEAN countries based in Dubai met in a networking event for the first time with leaders of their communities on August 22 to discuss future areas of collaboration and cooperation from the Middle East to their home countries. ASEAN was established ...