News

Vietnam GDP grows 6.8% in 3Q

Vietnam’s economy grew 6.8% in the third quarter, up from 6.1% and 6.5% in the first and second quarters, respectively, the government said on 29 September. Keep reading ...

Vietnam PM urges Dong Nai to maintain high growth rate

Prime Minister Nguyen Tan Dung attended the opening ceremony of the southern Dong Nai province’s party congress on 29 September. The PM praised the province’s accomplishments over the last five years and urged Dong Nai to become a leading force in the country’s modernisation and socio-economic ...

Vietnam's produce exports expected to top $2b in 2015

Fruit and vegetable exports are expected to reach US$2 billion this year as more and more countries have opened their door to Vietnamese fruits and vegetables. Earnings from fruit and vegetable exports have increased strongly in recent years, from $460 million in 2010 to $1.47 billion ...

Cambodian migrant workers demand passports, money

About 50 migrant workers who were part of a group that was abandoned at the Thai border by a recruitment agency last week gathered outside the Phnom Penh Municipal Court on 29 September to ask for the return of their passports and the fees they paid ...

Situation ripe for strikes: study

Short-sightedness, weak adherence to the law and poor working conditions in Cambodia’s garment sector are creating a fertile field for strikes to prevail over negotiations, a recent study released by the Arbitration Council Foundation, an independent labour mediator, has found. According to the study, incidents of ...

Unions agree on minimum wage target

Following weeks of quarrelling, Cambodia’s garment unions on 29 September agreed to demand a monthly industry minimum wage of $168 – only to find themselves miles apart from employers who are refusing to consider an increase beyond the rate of inflation. Leading up to ongoing tripartite minimum-wage ...

Retailers to invest B100bn to make Thailand shopping hub

The Thai Shopping Centres Association said it will invest 100 billion baht to turn Thailand into a regional shopping destination. Keep reading ...

DASTA joins forces with Mekong Institute to advance tourism in GMS

The Designated Areas for Sustainable Tourism Administration (DASTA) has signed a memorandum of understanding with the Mekong Institute to strengthen sustainable tourism in the Greater Mekong Subregion (GMS). The Mekong Institute, an intergovernmental organisation in Khon Kaen, Thailand, promotes regional cooperation through capacity-building programmes for the countries ...

Foreigners pull record US$5b as Southeast Asian stocks sink

Foreign investors are selling Southeast Asian stocks at the fastest pace on record as the region’s economic outlook worsens and the US gets closer to raising interest rates. Overseas funds unloaded a net US$5.1 billion (S$7.28 billion) of Indonesian, Thai and Philippine shares in the third ...

Lao Government promoting CSO involvement in national development

The government wants to encourage more involvement of Civil Society Organisations (CSO) in Laos in a bid to boost government policy in the fields of national construction and development. The government sector and representatives of CSO in Laos began meeting at a seminar in Vientiane on ...

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