Economy and commerce
Private equity firm casts net on Mekong region
A new private equity firm based in Phnom Penh is scouring the Mekong region for opportunities after making its first investment in the parent company of a leading Cambodian online real estate portal. []Alex Odom, the firm’s chief investment officer, said the economies in this region ...
Cam McGrath
China pressured to beef up response to US tariffs
China’s leaders have come under internal pressure to beef up their response to US trade sanctions, as Beijing struggles to prevent the outbreak of a trade war. On Friday China revealed a carefully calibrated response to US steel and aluminium tariffs aimed at demonstrating that ...
Charles Clover/Sherry Fei Ju
Thailand aims to boost trade with neighbors by 15% in 2018
Thailand aims to increase trade with countries on its borders by 15% this year, to a record high of 1.5 trillion baht ($50 billion). The government is backing the drive to offset an expected slowdown in overall export growth due to appreciation of the baht ...
APORNRATH PHOONPHONGPHIPHAT
Firms in Mekong Delta perform well in 2017
The number of well-performing businesses in the Mekong Delta increased with higher revenues and profits in 2017, according to a survey recently announced by the Can Tho city chapter of the Vietnam Chamber of Commerce and Industry. Keep reading ...
Nhan Dan Online Newspaper Reporter
ASEAN, Australia reject protectionism amid fears of Trump trade war
The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminum imports. Keep reading ...
Colin Packham/Paulina Duran
Measures sought for sustainable development in Mekong River basin
Representatives from 17 cities and provinces of the Mekong Delta and Central Highlands gathered in Pleiku city, Gia Lai province, on March 14 to seek ways for sustainable development of the Mekong Basin. Keep reading ...
VNA Reporter
$66b invested in Greater Mekong Sub-region: ADB official
The Greater Mekong, including Việt Nam, is expected to have a colossal US$66 billion poured in to strengthen regional economic co-operation in the next five years, said an Asian Development Bank (ADB) official on Tuesday. Keep reading ...
VNS Reporter
Asean trio seek to knock down walls
Market regulators in Malaysia, Singapore and Thailand have signed a memorandum of understanding (MoU) to enhance the Asean Collective Investment Schemes (CIS) Framework, allowing fund managers to offer a broader range of fund products to investors in the region. Keep reading ...
Thailand's stock exchange plans to promote the Mekong region
The Stock Exchange of Thailand is planning to launch a board that lists securities from its less-developed neighbors — Cambodia, Laos, Myanmar and Vietnam. By mid-2018 it will also introduce an index of Thai-listed companies that have exposure to the so-called CLMV countries, allowing investors to ...
YUKAKO ONO
How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
Vietnamese conglomerates have been expanding business by stepping up investments in neighboring markets. However, the path has not been a bed of roses. Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the ...
VOV Reporter
