Investment

Taiwanese firm Wei Yu Engineering’s US$2.5-billion investment proposal in Ha Tinh Province must be approved by the Prime Minister, not the provincial government, said an official. Tran Tu Anh, director of Ha Tinh Department of Planning and Investment, told Dan Tri news website last week that ...

A representative of China Railway 16th Bureau Group met with Transportation Minister Sun Chanthol on 26 June to discuss a $250 million project proposal that would link the container terminal of Phnom Penh Autonomous Port to the Southern Line, a 266-kilometre rail line that stretches from ...

Laos and Cambodia have agreed to continue to strengthen cooperation and to develop land links to enhance trade and investment between the two nations. The plans arose from a meeting between Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen when Mr Thongloun visited Cambodia ...

Tokyo stocks went into a hair-raising dive on Brexit fears, plunging more than 8 per cent Friday (Jun 24), as major firms’ shares including Toyota and mobile carrier SoftBank went into freefall.The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped as much as ...

The Vietnamese Government plans to develop solar power and discuss incentives to encourage solar energy projects in the country. Government to outline incentive options for PM’s consideration as interest in solar power investments continues to rise. Increasing numbers of investors are expressing an interest in solar power ...

Though some problems still exist in the legal framework, more and more foreigners are registering to buy houses in Vietnam. A local newspaper reported that a Japanese footballer playing Series A football league in Italy has bought luxury houses in district 2, HCM City, through a ...

Myanmar will sign air service agreements with the Netherlands and Mongolia this year, and is drawing up new policies that include tackling the profusion of domestic airlines, the Department of Civil Aviation’s director for transport has said. Myanmar boasts 11 airlines and a 12th – a ...

Yangon business leaders have joined a call for the new government to address exchange rate regulations, which they say are causing difficulties for exporters trying to convert their earnings back into Myanmar kyat. The problem is that the Central Bank only allows lenders to conduct foreign ...

A Thai-Chinese high-speed train scheme has entered a strange phase where officials of the two countries agreed on 16 June to kick-start the construction of a short section, although they have not settled on the overall project. “We will build the short section in line with the ...

Hanoi should take strong measures to remove barriers which inhibit the city from developing and integrating, stressed Prime Minister Nguyen Xuan Phuc. Talking to the press, the government leader highlighted huge potential, advantages and opportunities for Hanoi to turn it into a green modern city with ...