Investment

The finance ministry will build on the successes it has recorded last year in implementing a Resolution on improving the business improvement, Ngô Hữu Lợi, head of its Legal Department, tells the Vietnam News Agency. What are general results of the Finance Ministry implementing Resolution 19/2016/NQ-CP ...

Prime Minister Nguyễn Xuân Phúc lauded plans to develop the southern coastal province of Bình Thuận into a green, clean and sustainable economy during a local investment promotion conference on April 19. In his speech to more than 240 local and foreign businesses and investors, he said the ...

A private company seeks to put the Mekong River beach in front of Sithan Neua village, Sikhottabong district on the map as one of the most popular tourist attractions in Vientiane in a bid to attract more domestic and foreign visitors. Sithan Neua Mekong Beach ...

Bank of Thailand governor Veerathai Santiprabhob on April 19 urged exporters to hedge against volatility in the value of the baht as the country faced the prospect of trade protectionism against the backdrop of tensions on the Korean Peninsula – with “unpredictable” outcomes from the latter. “Geopolitical ...

High logistics costs in Laos are still a major obstruction for business operations throughout the domestic private sector and can also deter investors, a recent study suggests. Logistics costs in the country are as high as double compared to other neighbouring or ASEAN countries according to ...

A smart traffic operation centre in HCM City will receive an investment of VNĐ6 trillion (US$265 million) from 2017 to 2020, the city’s Department of Transport has said. In the first phase of the project, about VNĐ250 billion ($11 million) will be allocated to upgrade ...

Cambodia’s top tourist destinations recorded a record number of visitors this Khmer New Year, with 2.5 million locals and foreigners traveling to celebrate the festival around the country. A Tourist Ministry report said Siem Reap province welcomed almost 1.7 million tourists, up 23 percent from last ...

About 85 percent of 493 families being asked to sell their White Building homes have dropped their asking price to $1,800 per square meter, but insist they will not negotiate any lower. The agreement came at a meeting of about 100 people at the White Building ...

Investors in an allegedly fraudulent scheme offered by the Asian Face company are increasingly concerned after the involvement of its operator in similar activities in his home country were revealed. Currently in police custody in Laos over his Asian Face Company Ltd’s alleged illegal capital ...

Laos is riding high as largest coffee exporter in ASEAN followed by Vietnam in second place and Thailand third according to figures compiled by the Lao Ministry of Planning and Investment. Coffee is among Laos top export income earners in terms of agricultural commodities, earning ...