China's foreign direct investment (FDI) in Thailand is expected to increase significantly over the next few years as Chinese investors are planning to expand their local footprint, a survey by Siam Commercial Bank (SCB) shows.
Prime Minister Nguyen Xuan Phuc chaired the 23rd ASEAN-China Summit held online on November 12 afternoon with the participation of ASEAN leaders, Chinese Premier Li Keqiang, and the bloc’s Secretary-General Lim Jock Hoi.
Bank Indonesia (BI) and the People’s Bank of China (PBOC) on September 30 signed a memorandum of understanding (MoU) to establish a framework promoting the use of local currencies for trade and direct investment.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on June 12 for leaders of Chinese businesses which are investing in the fields of garment and textile, high-quality fibre, engine components and automobile tyres in Vietnam.
An official from the Indonesian Coordinating Ministry for Maritime Affairs and Investment has said that Chinese investors plan to develop a multi-billion-dollar oil refinery in Batam, Riau Islands province of Indonesia.
Cambodia's economic growth is projected to slow sharply to 2.5 percent in 2020 due to the impact of the COVID-19 outbreak, according to a World Bank's report released on March 31.
Chinese President Xi Jinping has pledged to encourage Chinese investors to do business in Cambodia, contributing to the kingdom’s economic development.
Chinese investment applications in Thailand surpassed those made by Japanese companies for the first time in 2019, standing at 262 billion baht (8.66 billion USD), the Board of Investment (BoI) has announced.
China wants to step up agricultural cooperation with the Mekong Delta city of Can Tho, especially for major farm produce like rice and fruits, in order to raise the efficiency of the rural economy, Chinese Consul General in Ho Chi Minh City Wu Jun said on June 24.
Vietnam’s real estate market became the second most attractive investment field for foreign investors after it lured 1.1 billion USD in foreign direct investment (FDI) during January-April, or 7.5 percent of the total FDI inflow just behind the manufacturing and processing sector.
Economic and trade relations between Vietnam and China have been developing in a positive direction, as shown by the continuous increase of bilateral trade turnover between the two countries. Vietnam is fast becoming an attractive investment destination for Chinese enterprises.
The Vietnamese Government creates optimal conditions for foreign businesses, including those from China, especially firms that have financial and technological potential, to invest in Vietnam for mutual benefits, Prime Minister Nguyen Xuan Phuc has said.
Ho Chi Minh City wants to enhance delegation exchanges and step up cooperative relations with China’s Hunan province, Chairman of the municipal People’s Committee Nguyen Thanh Phong has said.
The Cambodian economy is expected to expand 7 percent in 2018, compared to 6.9 percent last year, underpinned by external demand and upbeat investor sentiment, a new World Bank (WB) report said on October 4.
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