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Laos highlights importance of Asean cooperation

Laos attaches great importance to Asean cooperation, believing that the 10-nation bloc will bring positive changes to the land-locked country in the near future.    New Ambassador and Permanent Representative of Laos to Asean, Mr Ekkaphab Phanthavong has highlighted the role of Asean in the international arena and how the bloc will benefit Laos. The New […]

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Indonesia: Employers calls for shorter Idul Fitri holiday

The Indonesian Association of Synthetic Fiber Producers (APSYFI) has called on the government to revise its plan for a 10-day Idul Fitri holiday, arguing that the extended holiday would negatively affect industry production and exports. “We hope the government changes its plan. Learning from last year’s implementation, it will spark confusion on the field,” said […]

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Thailand: Bangkok business travel cost up

Bangkok has breached the top 50 most expensive locations in Asia for business travel for the first time, according to a survey from human resources firm ECA International.  The average business trip to the capital costs US$278 (8,678 baht) a day. All Thai cities included in ECA’s most recent survey saw a slight increase in […]

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Vietnam: Vinhomes target US$2 billion share sale

The Hanoitimes – Vingroup, Vietnam`s biggest property developer, is targeting an initial equity offering (IEO) of as much as US$2 billion for its luxury residential arm, according to Bloomberg`s recent report. Following the report, Vinhomes unit is considering seeking a valuation of US$13 billion to US$16 billion in the share sale.  Vinhomes, which began gauging demand […]

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Vietnam: Hanoi reviews investment activities in Q1

The Hanoitimes – Hanoi has recently reviewed activities of the People’s Inspection Board and Community Investment Supervision Board in the first quarter of 2018. It aims to increase effort for burning issues, projects and works which directly affect people’s life, and legal documents and policies of the State, thus increasing people’s faith in the Party and […]

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Vietnam: New law proposed to promote PPP investment

The Hanoitimes – The Ministry of Planning and Investment (MPI) has asked the government to give it the green light to build a draft law on investment in public-private partnership (PPP) models, aimed to have a legal foundation for managing and developing the activities thoroughly. According to the ministry, PPP investment, , including BOT (build-operate-transfer) form, […]

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