Industries

A farmers group is pressing local authorities to resurrect the controversial Southwest New City project. Though the three companies selected to build the new city were ready to proceed on the basis of approval from the outgoing Yangon Region government, the incoming National League for ...

A delegation of Cambodian investment officials and prominent private sector businessmen held a seminar in Seoul, South Korea, on 29 June in an effort to drum up more Korean investment in Cambodia’s growing agro-industrial sector. The Cambodian delegates briefed more than 80 Korean investors in attendance on ...

Vietnam’s garment-textile industry has already taking possible Brexit influence into accounts while conjuring up measures to weather its possible negative impacts. Vietnam’s garment exports to the EU account for approximately 20 percent of the total volume with the UK contributing around 4 percent. Vu Duc Giang, Chairman ...

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 ...

While Cambodia’s crowded banking sector has enjoyed strong growth, the majority of consumers surveyed have cited dissatisfaction with banking services as a main impediment for the sector’s confidence and future growth. “Banks need to serve the people and teach them how to spend, invest and save ...

Vietnamese seafood exporters are scrambling to buy raw materials to compete with  Chinese businesses to fulfill export contracts. Local newspapers quoted sources as reporting that shrimp processing workshops in Mekong River Delta are now running at just 50-60 percent of capacity because of the lack of ...

Cambodia has appealed to Germany – a country renowned for its skilled technicians and engineers – to provide vocational training to support the Kingdom’s growing industrial sector, a Commerce Ministry official said on 24 June. In a meeting earlier this week, Minister of Commerce Pan Sorasak ...

A recent national cashew forum in Hanoi sponsored by the Vietnam Cashew Association focusing on ways to promote sustainability of the industry, attracted hundreds of stakeholders. The primary constraint that stakeholders face, undermining their efforts to realize the full trade potential for cashews is lack of ...

The volume of goods shipped has grown steadily in the three months since South Korean sea shipping line Hyundai Merchant Marine began calling at Sihanoukville port in Cambodia, and cargo sizes are expected to double in the coming month, a local company representative said on ...

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 ...