News
Seaport complex licensed in Quảng Ninh
A US$300 million project, consisting of a seaport and industrial park at the Đầm Nhà Mạc area in Quảng Yên town in the northern province of Quảng Ninh, was granted an operating licence on November 18. Investors of the project are the CDC Corporation, headquartered in ...
Amended investment law offers tax incentives, shortens concession period
Amendments to the Investment Promotion Law offer more tax incentives and shorter investment concession periods in a bid to attract more investors while ensuring closer scrutiny of their operations. A draft amendment to the law, which was passed by the National Assembly last week, shortens ...
Govt to help rice farmers tap online channels
The Commerce Ministry will help farmers sell their rice directly to consumers in Thailand and abroad via social media and other online as well as offline channels. This is part of a bid to reduce dependence on middlemen as domestic paddy prices hit a 10-year low. ...
New border crossings between Laos, Cambodia to boost trade and investment
Laos and Cambodia have agreed to open new border crossings to link the two nations more closely and enhance trade and investment cooperation. The plans were agreed to during Prime Minister Thongloun Sisoulith’s meeting with his Cambodian counterpart Hun Sen in Phnom Penh in June. ...
IMF urges more efforts to cool rapid credit growth
Rapid credit growth continues to pose a risk to financial stability in Cambodia, requiring more regulation to reduce the impact of a possible economic downturn and more adequate assessments of loan defaults in at-risk sectors, the International Monetary Fund said in its latest Article IV ...
Fierce competition for plastics sector
Plastic firms in Việt Nam face fierce competition and risk being acquired by foreign companies, experts said on November 2 at a conference in HCM City. Phạm Văn Bắc, deputy head of the construction ministry’s department of building materials, said the plastic industry had the potential ...
Singapore firm plans Thilawa galvanising plant
Amid booming demand for high-quality construction materials, Meranti Singapore is planning to build a steel galvanising plant and paintline in Thilawa special economic zone. The firm intends to spend US$85 million on the facility, and is in discussion with the SEZ operator and potential local ...
Aquafarming tech will be key to satisfying a seafood-hungry Asia
Some 800 meters above sea level and more than 100km from the nearest ocean, thousands of red sea bream thrive in the mountains of central Japan. Despite being far from their usual habitat, the fish are growing at a healthy rate in their large round ...
Can Vietnam take full advantage of preferences in VN-EAEU FTA?
With the free trade agreement between Vietnam and EAEU (Eurasian Economic Union) having taken effect, many Vietnamese export items now enjoy a zero percent tariff. However, it will be not an easy task to boost exports. According to Trinh Thi Thu Hien from the Ministry of ...
ANZ to remain in local market?
The chief executive of ANZ Royal Bank has denied media reports that the Australian and New Zealand Bank Group is considering pulling the plug on its Cambodian operations amid a planned retreat from the region’s markets. In a filing to the Australian Stock Exchange on ...
