Industries

Japanese groups may invest $2 billion into Vietnam real estate

It is rumored that about ten Japanese firms will invest up to US$2 billion in the real estate market in Vietnam, particularly HCM City and Hanoi, in the coming time. Than Thanh Vu, President of Sao Khue, said the information is accurate because recently his company ...

Construction, consultancy firms sign on for Laos-China railway

Five Chinese construction companies and six consultancy firms have been selected for engagement in the Laos-China Railway Project, with construction expected to start in December. Agreements with the companies were signed in Vientiane on October 24 in the presence of Vientiane Mayor Dr Bounchan Sinthavong, Chinese Ambassador ...

Tourism gears for China rising

Cambodia is working to develop more facilities for Chinese tourists, including an accreditation system for tourism establishments, as part of its “China-Ready” strategy announced in May. Tourism Ministry spokesman Tith Chantha said on October 20 that Chinese tourists present a huge opportunity for Cambodia’s tourism industry ...

President urges LuangPrabang to make full use of potential

President Bounnhang Vorachit has instructed Luang Prabang authorities to make full use of the province’s tourism and agriculture potential to drive development and improve local livelihoods. The president gave the advice at his first stop on a visit to the northern provinces of Luang Prabang and ...

Airports nationwide see volume growth

Passenger traffic through Thailand’s six major airports continues to show robust growth, leaping 12.3% to almost 112 million in the fiscal year to September. The figures reflect the country’s vibrant aviation industry, fuelled by flourishing tourism, growing economic activity and Thailand’s importance as an air ...

Thai hospitality industry offers advice as Myanmar hotels eye boost in standards

A joint seminar on hospitality management development will be held on October 22, in a cooperative effort between the Myanmar Hotelier Association and Thai industry figures. The conference is to be held by Krung Thai Bank at Taw Win Garden Hotel, Hotelier Association joint secretary ...

Thai Lion Air's Ho Chi Minh City service gets green light

Thai Lion Air has received the green light from Vietnamese authorities to start a Bangkok-Ho Chi Minh City service that was earlier placed in doubt. Monday’s notification allows the Thai-registered low-cost carrier to maintain its planned flight timetable with the maiden service set to launch ...

Attapeu airport potential examined during PM's visit

Attapeu International Airport may become more widely used in order to boost air transportation within Laos and the region. Prime Minister Thongloun Sisoulith visited Attapeu province on October 15-16 for a working visit to discuss the future of the airport with provincial authorities after it opened for ...

Lao, Vietnamese journalists' associations agree to strengthen ties

The Lao Journalists’ Association and Vietnam Journalists’ Association on October 17 agreed to tighten their cooperation through more discussions and training sessions. The two sides agreed to boost ties during a visit by a Lao delegation in which 11 members of the LJA, led by its ...

Export optimism varies according to sector

Despite signs of a recovery in the export sector, Thai manufacturers and exporters have been encouraged to focus more on product development, brand recognition, and adding value to enhance competitiveness in global markets. For the rest of this year, exporters expect exchange-rate fluctuations will still ...

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