Overall investment across Laos increased above the set plan by 24.2 percent in 2016, driven by the private sector and the greater availability of bank credit, according to the government’s latest report.
More Korean companies are interested in investment in automobile parts, construction equipment and cosmetics in Laos, as more economic growth is expected this year.
As of April 20, as many as 734 newly-registered projects were granted with investment certificates with a total registered capital of US$4.88 billion, equal to 96% of the same period last year, according to the Foreign Investment Agency, under the Ministry of Planning and Investment.
The 9th Viet Nam Manufacturing Expo 2017 (VME) opened yesterday at the Ha Noi International Centre for Exhibition, showcasing the latest technologies for metrology and assembly automation from 200 brands from 20 countries.
The Vietnamese Business Association of Australia (VBAA) has launched a startup club of young entrepreneurs in Melbourne City.
Businesses may be able to improve earnings and market values if they are able to develop and use intellectual property in efficient ways, officials said at a seminar on Tuesday.
Vietnamese enterprises can meet some international standards of transparency, however, large companies still disclose little information about anti-corruption programmes, said Nguyen Thi Kieu Vien, executive director of Towards Transparency Viet Nam at a workshop in Ha Noi.
The key ingredients for e-commerce adoption are in place in Cambodia but many specific measures need to be addressed by both the private and public sector before the Kingdom can tap into the huge opportunities offered by a digital economy, according to a new report released by a UN agency yesterday.
The government has committed to pump more resources into 64 development focus zones across the country to catalyse rural development and poverty reduction efforts.
Lao advertising agencies are continuing to seek cooperating foreign counterparts to improve their advertising and meet international standards for in and out-of-home advertising, according to sector officials.