The Hanoitimes – The sluggish disbursement of public investment is attributable to the combination of three major factors. According to the Taking Stock report by the World Bank, while the government was able to disburse about 70% of its investment program during 2011–14, this rate declined to about 55% in 2017 and 2018, and was only equal to […]
Read MoreThe Hanoitimes – The Vietnamese government encourages local enterprises to invest in Myanmar, which could become a major market for Vietnam in the future, said Prime Minister Nguyen Xuan Phuc. Vietnamese Prime Minister Nguyen Xuan Phuc welcomed Myanmar’s proposal to set up a Vietnamese-invested industrial park in the country, expecting government agencies from both countries to […]
Read MoreThe Hanoitimes – Phu Quoc is the only coastal economic zone that is applicable to the law. The revised Law on Entry, Exit, Transit, and Residence of Foreigners in Vietnam now allows foreign investors with investment of over VND100 billion (US$4.3 million) to reside up to 10 years in coastal economic zones, instead of five as stipulated […]
Read MoreThe Hanoitimes – In addition to being positive on cross-border investment, 62% of respondents in Vietnam expect to increase their domestic investment in the next 12 months, higher than other economies such as China, Japan and Singapore. Among Asia-Pacific Economic Cooperation (APEC) business leaders with a footprint in Vietnam, 44% plan to increase investment in the […]
Read MoreGrowth in the CLMV (Cambodia, Laos, Myanmar, Vietnam) bloc will likely moderate to 6-7 per cent in 2020 as headwinds from prolonged trade uncertainties and growth deceleration in major economies affect economic prospects through slowing exports and tourist arrivals, according to Siam Commercial Bank’s Economic Intelligence Centre. However, adaptive regional production will partially benefit the […]
Read MoreTHE coming year is expected to bring a modest economic recovery for Singapore, with trade tensions between the United States and China posing the main risk, say economists. Manufacturing woes in 2019 were due to trade tensions, high base effects from 2018, and a slowdown in the global electronics cycle. The latter two, at least, […]
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Thailand
