Vietnam Morning News For August 24

Vietnam Morning News For August 24

VN Index rises slightly on investor bottom fishing The benchmark VN Index rose slightly on Wednesday morning, lifted by investors’ interest in buying stocks that have declined to relatively attractive levels. — Bizhub Q2 consumer confidence at five-year high Consumer confidence in Vietnam continued to see significant improvements in the second quarter that helped the […]

Myanmar Morning News For August 23

Myanmar Morning News For August 23

Australian business chambers agree to merge Two competing business chambers have agreed to merge into a single organisation representing Australian businesses in Myanmar. — Frontier Myanmar Poultry industry suffers losses due to virus outbreak The H1N1 virus has resulted in poultry industry losses of about Ks165 million in the last three months, according to the […]

Vietnam Morning News For August 23

Vietnam Morning News For August 23

Government looks to cut special inspection red tape Local enterprises are spending around 28.6 million working days valued at 14.3 trillion VND (636 million USD) a year to complete administrative procedures for special inspections on imported and exported goods. — VietnamPlus Stocks plunge as investors worry Việt Nam’s benchmark VN Index extended its loss for […]

Myanmar Morning News For August 22

Myanmar Morning News For August 22

More firms to be listed on Yangon stock exchange PEOPLE’S interest in trading on the Yangon stock exchange does not seem to be growing 18 months after its launch but more companies are nevertheless keen to be listed, say officials. — The Nation World Bank funds for Myanmar’s fiscal resilience reforms The World Bank has […]

Vietnam Morning News For August 22

Vietnam Morning News For August 22

Energy dilemma weighs on Vietnam State planners say more than 50% of national power will be coal-fired by 2030, a big boost in the fossil fuel’s use that will worsen pollution and undercut climate change goals. — Asia Times More investment funds receive licenses as stock market thrives A manager of TVAM said TVAM would […]

Myanmar Morning News For August 21

Myanmar Morning News For August 21

Gas exports raise $1b since August Myanmar earned US$1.07 billion from natural gas exports until early August this fiscal year, according to the Ministry of Commerce. — Eleven Myanmar Ministry warns gold mining companies to payoutstanding debt There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to […]

Vietnam Morning News For August 21

Vietnam Morning News For August 21

Vinaphone debuts carrier billing on Google Play With the launch, 95% of the population of Vietnam can now make payments on Google Play through Fortumo – significant for a country with smartphone penetration of 40% but credit card ownership of below 2%. — Telecomasia.net Steel maker to invest in 97 million USD factory Nam Kim Steel […]

Vietnamese People’s Army in Dramatic Flood Rescue (video)

Vietnamese People’s Army in Dramatic Flood Rescue (video)

  Dramatic video has emerged of soldiers from the Vietnamese People’s Army (VPA) rescuing villagers cut off by flash floods in Muong La district, Son La Province in northwestern Vietnam earlier this month. In the video above a soldier losses his grip on the rope-line across the rapidly flowing river as a villager attempts to […]

Myanmar Morning News For August 18

Myanmar Morning News For August 18

Shares of 55 companies can soon be traded locally 55 public companies which were given the green light to sell shares in the local over-the-counter (OTC) market must receive official permission from the Securities and Exchange Commission of Myanmar (SECM) first, U Htay Chun, member of the commission, told The Myanmar Times. — Myanmar Times […]

Vietnam Morning News For August 18

Vietnam Morning News For August 18

SOEs facing divestment to be made public soon At the meeting with MPI, ministries of Finance and Justice, as well as the Government Steering Committee on Corporate Renovation and Development, Huệ asked the MPI to submit the list of SOEs to be divested by 2020 to Prime Minister Nguyễn Xuân Phúc for approval. — VietnamNet […]

Myanmar Morning News For August 17

Myanmar Morning News For August 17

Myanmar’s infrastructure deficit outpaces the world A wide-ranging assessment of Myanmar’s infrastructure deficit and its ability to start closing the gap has found that the country is likely to meet only half of those investment needs by 2040, dampening hopes that it can lift the estimated 54 million population out of poverty by then. — […]

Vietnam Morning News For August 17

Vietnam Morning News For August 17

Finance Ministry proposes new tax on pickups The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their costs. — VietnamPlus Vietnam spends […]