In this week’s ASEAN Market Watch discuss tourism in Thailand, highlight Increasing telecoms investment in Myanmar, and analyze the impact of a roadway link between China and Laos
In this edition of ASEAN Market Watch we assess the impact of Malaysia’s FTA plans with Hong Kong and the RCEP, analyze the state of Auto production in Brunei, and highlight opening opportunities for aviation investment in Laos.
For the past decade, Laos, one of the smaller economies in Southeast Asia has seen economic growth at a rapid rate of 7-8%. The country has been able to do this by taking advantage of its cheap labor, and implementing an SEZ policy.
A bilateral border trade agreement between Laos and Vietnam was signed on June 27, 2015 in Vietnam’s Nghe An Province.
The third part in our comprehensive look at how doing business in ASEAN compares with China, this time focusing on Laos.
Oct. 17 – Laos is currently suffering from a shortage of skilled labor and, as a result, the Laotian Ministry of Labor has announced that the country needs to bring in at least 70,000 more foreign workers to support its current workforce. Laos has already brought in 20,000 foreign workers as of late, but it has[…..]
Sep. 3 – At the end of August a Thai contractor, Sermsaguan Construction Company Ltd., began construction on facilities at Laos’ Thanalaeng station. This station is the start of a railway linking Laos’capital city Vientiane with Thailand’s Nong Khai province. This is just one of many upcoming rail projects for Laos. The first phase of[…..]
By Alex Tangkilisan Feb. 27 – In the third part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Cambodia, Brunei, Laos and the Philippines. While the Philippines is part of the ASEAN six majors, Cambodia, Brunei and Laos are the three smallest economies in the region.[…..]
Vietnam is one of the world’s largest exporters of timber and timber products. How can the country leverage this industry to enhance economic growth?
China has launched new freight train services to Vietnam from the cities of Chengdu and Chongqing, enabling exporters to establish new trade opportunities with Western China.