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Cambodia ready to exit LDC status

Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week to explore potential solutions for managing a smooth exit from […]

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Thailand aims for wider tourism reopening from October

The country plans to waive its mandatory quarantine for vaccinated visitors to its capital Bangkok and top tourist destinations from October, deputy government spokeswoman Traisulee Traisoranakul said on Friday, in a bid to revive a key industry battered by coronavirus travel curbs. The new measure means easier access to hotspots like Pattaya, Phangnga, Koh Samui, […]

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VinSmart no longer manufactures smartphones in Vietnam

The Vietnamese tech company will develop smart cars, homes and cities in the coming time. VinSmart, a subsidiary of the conglomerate Vingroup, will stop developing its business unit of televisions (TVs) and smartphones with the brand name of Vsmart for the Vietnamese market.  The business unit no longer brings breakthrough or create differentiated value for […]

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Over 400 Thai firms mulling Cambodia entry: Ambassador

More than 400 Thai companies are considering investing and doing business in Cambodia when the situation of the Covid-19 crisis eases, according to Cambodian ambassador to Thailand Ouk Sorphorn. Sorphorn on May 7 virtually met with the Thai Subcontracting Promotion Association (Thai Subcon), a group of more than 400 firms he described as “innovative and […]

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