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Vietnam: Many conditional business sectors proposed to remove

The Hanoitimes – The Ministry of Planning and Investment has proposed to remove 21 conditional business sectors including rice export, logistics and debt trading service. According to the ministry, the sectors should be removed from the list of conditional business lines as they do not meet requirements of Clause 1, Article 7 of the Investment Law. It means that […]

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IFC Supports Business-Enabling Infrastructure, Promoting Investment, Creating Jobs in Laos

(KPL) IFC, a member of the World Bank Group, is lending US$ 2 million to Aanandi Lao Co. Ltd, a property development company, for the construction of one of the first of its kind, international best practice, multi-story serviced apartment building in Vientiane Capital. The project will support the development of much-needed business-enabling infrastructure in the Lao PDR, drawing […]

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Brunei-Indonesia have huge potential for bilateral trade, says outgoing ambassador

BRUNEI Darussalam and Indonesia have an excellent relationship which has grown stronger over the years, in terms of political, economical and socio-cultural cooperation, said Nurul Qomar, the outgoing Ambassador of the Republic of Indonesia to Brunei Darussalam, in an interview yesterday at the Brunei International Airport, prior to her departure from the country. “Over the last three years, there […]

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Vietnam’s exportation sees 21% rise

The Hanoitimes – According to a General Department of Vietnam Customs report, Vietnam recorded a trade surplus of 2.8 billion USD in the first 11 months of 2017, mainly contributed by the foreign-invested sector. Vietnam exported goods worth 193.8 billion USD in the first 11 months of this year, surging 21.1 percent year-on-year. In the reviewed […]

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Vietnam: Hanoi’s industrial production increases 8.5% in November

The Hanoitimes – According to the city’s statistics office, Hanoi’s industrial production index increases 8.5% rise in November. The office attributed the increase to production gaining speed for the year-end holiday season in such industries as confectionery, beer, ceramic bathroom fixtures and wood furniture. Total retail and services revenues in the month were estimated at 52 […]

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Laos firmly moves forward!

NDO – Today, the entire Party, army and people of the Lao People’s Democratic Republic are celebrating their 42nd National Day (December 2, 1975 – 2017). This is a historical event of great significance as it has opened a new page in the construction of a peaceful, independent, democratic, unified and prosperous country towards socialism, […]

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