News

Chinese investment in Southeast Asia is plummeting

China-funded infrastructure projects in Southeast Asia have plunged in the past year as foreign governments grow wary of Beijing’s overseas investments. The value of newly announced big-ticket deals in the region – investment commitments and construction contracts worth more than $100 million – dropped just  ...

Infrastructure: Japan and China fight over 'the soul' of Asia

When the president of the Philippines, Rodrigo Duterte, visited Beijing in October 2016, shook hands with his Chinese counterpart Xi Jinping and announced the “separation” of his country from the United States, it felt like a pivotal moment.  []The Philippines, like other states such as Cambodia ...

Cambodians wary as Chinese investment transforms their country

As boom-mounted cameras swept the horizon, a drone hovered above more than 50,000 party faithful who had begun streaming noisily through the Cambodian capital well before dawn, dressed in white shirts and caps, and waving blue flags. Keep reading ...

Investment Environment in Mekong Delta

Mekong Delta, composed of 13 provinces, 20 percent of the country’s population, and 18 percent of the national GDP, has consistently recorded one of the highest average provincial competitiveness indexes amongst all provinces since 2014. Keep reading ...

Investment floods into Mekong Delta

The Mekong Delta once sheltered Viet Cong guerrillas as they battled U.S. forces during the Vietnam War. Today the area is the country’s “rice bowl,” providing half of the national rice supply. It is also becoming an increasingly attractive investment destination for domestic and foreign ...

Cambodia attracts over 333 mln USD investment from ASEAN in 2017

Cambodia attracted the fixed asset investment of 333.4 million U.S. dollars from its ASEAN member states in 2017, according to a government’s report on Friday. ASEAN (Association of Southeast Asian Nations) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Keep reading ...

Mu Xuequan

Laos still attractive to Vietnamese investors: minister

Vietnamese businesses still think Laos is an attractive destination and will continue to invest in the country despite a slowdown in out-bound investment, Vietnamese Minister of Planning and Investment Nguyen Chi Dung told Lao Prime Minister Thongloun Sisoulith in Vientiane on December 16.Keep reading   ...

VietnamNet Reporter

Canadian bank satisfied with local aquisition

National Bank of Canada saw strong growth on its investment in Advanced Bank of Asia Ltd (ABA Bank) after taking a 90 percent stake in the Cambodia-based lender last May, a banking executive said on January 25. “I am very satisfied with the performance of ...

Lao, Thai companies launch Saravan agribusiness project

The Tripletwo 222 Holding Co., Ltd. under Tripletwo 222 Group of Thailand has teamed up with Bachieng Agriculture Promotion Export-Import Sole Co., Ltd. to establish a large tapioca factory in Saravan province. The project is underway with investors expecting construction to be completed in 2019. ...

Wasted lands hinder local development

Several construction projects in Hà Nội have been delayed for years, wasting land and hindering the city’s land management process while other social security constructions remain in need of space. Seven of the 28 constructions projects in Quốc Oai District are waiting to be implemented ...

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