News

Betagro group is consolidating six business units into two to allow the agribusiness and food group to play a more prominent role in the regional and world markets. The six old business units were food, swine, poultry, regional, feedmill and animal health. The two new core ...

With its favorable socio-economic conditions, HCM City should be a hub for start-ups, Deputy Prime Minister Vuong Dinh Hue said at a working session with city leaders on 20 May. He called on city leaders to take strong measures to boost exports and control inflation and ...

Vietnam has been promised US$10.15 billion of foreign direct investment in the first five months this year, up a staggering 136 percent from a year ago, according to new data. A statement from the Ministry of Investment and Planning said Vietnam licensed 907 new foreign projects ...

The government’s emergency campaign to distribute water to some 2.5 million people affected by drought is over, Cambodia’s Prime Minister Hun Sen declared on 25 May, though for development partners and humanitarian groups, drought relief efforts continue. Humanitarian and disaster reduction manager for Save the Children ...

Director of the Luang Prabang provincial Department of Information, Culture and Tourism, Mr Onechan Souvannalit, said on 25 May that much more needs to be done in terms of marketing and creating confidence among international tourists, to encourage them to visit the World Heritage town. Tourists mainly ...

According to the new assignments at the government’s monthly meeting for May in Vientiane from May 24-25, the Ministry of Agriculture and Forestry takes sole management for all kinds of forest. The Ministry of Energy and Mines takes sole management mandate for all mining. Land management ...

Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives. With a registered capital of $5 million, Lawrence Kook, Director of Golden FX Link, said that the company received a license in principle from the Securities and ...

Tanintharyi Region, the southern tip of Myanmar, abounds with natural resources and the problems associated with them. Residents in the isolated region face over-mining by foreign companies, the proposed development of a deep-sea port, an oil refinery and a special economic zone, mechanised farming of rubber ...

The second phase of a 2400-hectare special economic zone to the south of Yangon will be finished in July, with residential and commercial developments to follow, an official has said. Once the second phase of Zone A is finished in July, a company called Thilawa Property ...

Despite the government’s vow to be more transparent with regulations and the issuing of sand-dredging licences, Cambodia’s Ministry of Mines and Energy has granted nearly 70 new such licences without holding public auctions or requiring companies to disclose environmental impact assessments results to the public, according ...