The Hanoitimes – Foreign direct investment (FDI) in Vietnam reached 33.09 billion USD in the first 11 months of this year, a year-on-year increase of 82.8 percent. The FDI mainly came from new projects, additional investment capital and buying stake, the Ministry of Planning and Investment’s Foreign Investment Agency reported. Specifically, the ministry licensed 2,293 new […]
Read MoreThe term “Industry 4.0” originates from the German government’s industrial evolution strategy unveiled in 2013 which promotes the computerisation of manufacturing, according to Mr. Varin Rodphothong, Director of Manufacturing Automation and Robotic Center, Thai-German Institute (TGI). The term is essentially equivalent to the “Internet of Things (IOT)” which has been circulating in the industrial sectors […]
Read MoreThe government has not found an answer to who is responsible for the Greater Jakarta light rail transit (LRT) project after State-owned Enterprises (SOEs) Minister Rini Soemarno expressed her wish to review the role of state-owned railway operator PT KAI as an investor. Rini proposed to establish a joint venture company on Tuesday, consisting of […]
Read MoreAsian businesses have continued to invest in Myanmar despite the unfolding humanitarian crisis in northern Rakhine. Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion coal-fired power plant in Kayin state bordering Thailand. […]
Read MoreSINGAPORE: Philippine shares fell on Wednesday, set for a third consecutive day of losses, while other markets trod water as investors assessed North Korea’s latest missile test. North Korea said it had successfully tested a powerful new intercontinental ballistic missile (ICBM) that put all of the U.S. mainland within range, with MSCI’s broadest index of […]
Read MoreThe Hanoitimes – Vietnam will issue more incentive policies and work alongside the Vietnamese Government to facilitate the operation of foreign investors, including those from Singapore, in the country, said NA Chairwoman Nguyen Thi Kim Ngan. The top legislator made the commitment when addressing the Vietnam-Singapore Business Dialogue on November 27 as part of her official […]
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