Vietnam third largest market for Hong Kong-based Coca-Cola bottler
Hong Kong-based Swire Pacific, a Coca-Cola bottler, says Vietnam sales of 155 million unit cases in 2023 made the country the company’s third largest market in the world.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cambodia focuses on digital revolution
Cambodia is paying high attention to digital revolution to raise economic efficiency, said Prime Minister Hun Manet.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cambodian media highly evaluates investment potential with Vietnam
Many Cambodian newspapers such as SBM NEWS, Phnom Penh Post, CNC, Khmer Times, and Nokorwat News Daily have highly appreciated Cambodia's potential for cooperation and investment promotion with Vietnamese businesses.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Apparel giant Crystal eyes $200 mln investment in northern Vietnam
Hong Kong-based group Crystal International plans to invest $200 million in Vietnam’s northern province of Nam Dinh to manufacture cloth, fiber, and garments.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cambodia calls for Vietnam investment in automobile, electronics industries
Cambodian Prime Minister Hun Manet has called for Vietnamese investment in a wide range of industries including automobile and electronics as investment flows from Vietnam have stalled and fallen far behind China and regional peers.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Cambodia aim for $20 bln in trade, boost cooperation in defence, transport: PMs
Prime Minister Pham Minh Chinh on Monday had talks in Hanoi with Cambodian counterpart Samdech Hun Manet, who was on a two-day visit to Vietnam, also his first to an ASEAN country.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cambodian PM visits Hanoi to enhance traditional friendship
Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet and a high-ranking delegation of Cambodia arrived in Hanoi Monday morning, starting a two-day official visit to Vietnam at the invitation of PM Pham Minh Chinh.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam top Southeast Asian Games with 136 golds
The 32nd Southeast Asian Games (SEA Games) wrapped up in Cambodia’s Phnom Penh Wednesday night with Vietnam having secured 136 gold medals to top the region’s biggest biennial sports event.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Four Southeast Asia countries face US solar tariff threat
Vietnam, Cambodia, Malaysia, and Thailand are likely to pay tariffs of up to 254% on their export of solar panels and modules to the U.S. after the Senate has passed a resolution to restore import tariffs for the four countries.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Cambodia have shortest port turnaround time in ASEAN: World Bank
Container shipping in Vietnam and its neighbor Cambodia had the lowest turnaround time at ports in ASEAN in June 2022 as both secured an average of 0.9 days, the World Bank says.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam retail major Mobile World stops fashion chain, Bluetronics Cambodia
Vietnamese retail heavyweight Mobile World Group (MWG) has decided to close down its domestic fashion chain AvaSport and Cambodia electronics chain Bluetronics to focus on other business models.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, neighbors to gain stronger growth momentum this year: Thai bank
Cambodia, Laos, Myanmar, and Vietnam will gain stronger growth momentum in 2023, with a 6.2% rate for the Vietnamese economy, the highest among the four, Siam Commercial Bank’s Economic Intelligence Center forecasts.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Private investment allowed in Cambodia-Vietnam high speed rail
Cambodia’s Prime Minister Hun Sen has affirmed his government allowed the private sector to invest 100% in a new high-speed railway linking its capital Phnom Penh to Ho Chi Minh City, Vietnam’s southern economic hub.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swire completes acquisition of Coke bottling subsidiary in Vietnam
Swire Pacific Ltd. has completed its purchase of the entire Coca-Cola bottling subsidiary in Vietnam, marking the Hong Kong conglomerate’s first expansion into the Southeast Asian beverages market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam among world's top new trips for 2023
Vietnam has been ranked 15th in the list of 27 top new world trips for 2023 by leading U.K.-based travel magazine Wanderlust.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thaco ships 300 Peugeot motorbikes to regional markets
Vietnamese conglomerate Thaco exported a batch of 300 Peugeot Django 150cc motorcycles to the Philippines, Indonesia, Hong Kong, and Cambodia last Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Can Tho-Cambodia air links proposed
Cambodian Consul General to Ho Chi Minh City Sok Dareth has proposed launching air routes from Can Tho city in Vietnam’s Mekong Delta to Cambodia in order to meet rising travel demand.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cool Japan Fund channels $10 mln into pizza chain 4P’s
Cool Japan Fund (CJF) has decided to invest $10 million into 4P’s Holdings Pte., which operates a chain of Japanese Italian pizza restaurants 4P’s in Vietnam and Cambodia incorporating Japanese ingredients.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Philippines to open Vietnam trade, investment center this year
The Philippine Trade and Investment Center (PTIC) in Vietnam will open in Ho Chi Minh City this year to enhance bilateral economic ties, Philippine President Ferdinand Marcos Jr. said.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Charles Taylor Adjusting opens Vietnam office to fuel Asian expansion
Global loss adjusting company Charles Taylor Adjusting has expanded its natural resources capability in Asia with the opening of a new office in Ho Chi Minh City.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Cambodia agree to boost cooperation, 11 documents signed
Vietnam and Cambodia on Tuesday agreed to further strengthen and expand their friendship and cooperation, mainly in the economic field.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Prime Minister leaves Hanoi, starting official visit to Cambodia
Prime Minister Pham Minh Chinh left Hanoi Tuesday morning for Cambodia, starting an official visit to the neighbouring country from November 8-9 and to attend the 40th and 41st ASEAN Summits and related events from November 10-13.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Thai, Cambodia, India rice outputs forecast to marginally fall: FAO
Rice outputs in Vietnam, Thailand, India, and Cambodia are predicted to fall slightly this year but stay above five-year averages in the latter three, according to the United Nations’ Food and Agricultural Organisation (FAO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
US firm to join HCMC-Moc Bai Expressway project
The U.S.-based PHI Group said Tuesday that it has been allowed to register to invest in constructing the $711 million Ho Chi Minh City-Moc Bai Expressway project.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese man ‘beaten to death’ outside Cambodia casino
A 34-year-old Vietnamese man was beaten to death by a sticks-wielding mob outside a casino in Cambodia’s Bavet city along the Cambodia-Vietnam border, according to Cambodian police.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Four rings trafficking people to Cambodia detected: An Giang police
The testimony of 40 victims who escaped from a Cambodian casino has helped An Giang province police detect four associated human trafficking rings.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cambodia casino manager arrested after 42 Vietnamese staff escape
Cambodian authorities have arrested the Chinese manager of a casino along the Cambodia-Vietnam border from which 42 Vietnamese people escaped last week.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Missing teen in Cambodia casino escape found dead
A dead body found in An Giang province’s Binh Di River has been identified as a teenager who was among 42 Vietnamese people escaping from a Cambodian casino Thursday.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam asks Cambodia to assist with forced labor investigation
Vietnam has asked Cambodia to help investigate why 42 Vietnamese citizens fled a casino in Kandal province bordering Vietnam, and to find one who’s still missing.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai-origin sugar evades tariffs, attracts anti-circumvention duty
Vietnam's Ministry of Industry and Trade said sugar imported from Cambodia, Indonesia, Laos, Malaysia, and Myanmar using Thai sugar materials will be subjected to the same anti-dumping and anti-subsidy tariffs applied to Thai sugar from August 9.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Acquisition of Coke bottling business to attract millions in taxes: taxman
Acquisition of the Coca-Cola bottling operations in Vietnam by Hong Kong-based Swire Pacific could attract millions of dollars in taxes in line with the law, a Vietnamese tax expert says.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam-Japan bank venture sets sights on Cambodia retail financing
Japan’s Shinsei Bank will collaborate with Vietnam’s MB Bank to exploit retail financing opportunities in Cambodia, where the latter has been permitted to set up a bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korean drug kingpin extradited from Vietnam
A South Korean national considered one of the country's biggest drug traffickers based in Southeast Asia was repatriated from Vietnam on Tuesday, Korean police said.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swire buys Coke’s Vietnam, Cambodia bottling operations for over $1 bln
Swire Pacific Ltd. is acquiring Coca-Cola Company’s bottling operations in Vietnam and Cambodia for $1.02 billion, marking the Hong Kong major’s first foray into the Southeast Asian beverage market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Siem Reap-Danang air route resumed after 2 years of hiatus
The first commercial passenger flight from Siem Reap, a major tourist hub of Cambodia, to Danang, Vietnam's famous seaside city, was operated on Friday after more than two years of hiatus due to the pandemic.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
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