News
Myanmar braces for 30% drop in foreign investment
Foreign investment in Myanmar appears poised to plunge roughly 30% for the year ending March 31 amid the absence of new oil and gas projects, highlighting the need for the government to lure other industries with deregulation and firm economic policy plans. Myanmar received about $6 billion ...
VN, Netherlands to up agriculture ties
With its knowledge and experience in agriculture, the Netherlands is eager to join hands with Việt Nam to improve the quality and efficiency of its agriculture, a business forum on Agriculture-Innovation in Việt Nam heard in HCM City on Monday. Dutch Vice Minister for Agriculture ...
Sandy soil veggies lift farmers out of poverty
Growing vegetables on sandy fields is helping farmers out of poverty in a coastal commune in Thừa Thiên- Huế Province. Farmers in Điền Lộc Commune are reaping success from the new effort, something older generations have not been able to do. Lê Huy, a local ...
Industry development level low
Nguyen Chi Sang, director general of the National Research Institute of Mechanical Engineering, speaks to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about the need for workable policies. How do you assess our industrial development, particularly in engineering? Looking back at the development ...
Asia dominates rankings of most expensive cities
Asian cities such as Singapore and Tokyo were the most expensive worldwide for residents in 2016, as currency appreciation drove an increase in the general cost of living. The Worldwide Cost of Living research, conducted semiannually by The Economist Intelligence Unit, found that half of ...
Indonesia's Siloam plans to double number of hospitals
Indonesia’s Siloam International Hospitals aims to double the number of its hospitals to 50 by 2019. The country’s largest hospital operator expects to expand into remote areas, including the island of New Guinea, now that a universal health care system has been introduced, allowing low-income ...
The key to successful elections in Timor-Leste: professional security forces
The big day has finally arrived for voters all across Timor-Leste and, for the first time since the restoration of independence in 2002, for Timorese also living in Australia and Portugal. According to the electoral administration body STAE, there are 747,583 Timorese voters registered to ...
Ranger station razed by mob
A mob of some 60 men burned down an environmental ranger station inside Mondulkiri’s Keo Seima Wildlife Sanctuary on Friday, allegedly as revenge against rangers who had previously stopped them from clearing forest, an official said yesterday. Keo Sopheak, provincial environmental department director, said the ...
Microlender in monster deal
Hong Kong financial giant, The Bank of East Asia and Sri Lanka’s LOLC announced on March 17 that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution by assets, in what could be the largest acquisition of a Cambodian lender to ...
Problem of producing cheap biofuel from cassava solved
The state’s research agency and energy policymakers have finally discovered a way to produce biofuel from cassava at a competitive cost, says a senior Energy Ministry official. Previously the use of cassava in ethanol production was not viable despite the abundance of the shrub, because ...