Asia Economy

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Stretching across the heart of South-east Asia, the Socialist Republic of Vietnam has risen to become one of the region’s greatest economic success stories, after witnessing a remarkable post-war economic recovery. The nation’s vast coastline, rolling highlands, dense jungle and abundance of natural resources have helped to bolster its rapid...

 

HO CHI MINH CITY CARAVELLE SAIGON 19-23 Lam Son Square District 1, Ho Chi Minh City T: +84 8 3823 4999 hotel@caravellehotel.com www.caravellehotel.com/ Rooms: 335 rooms and suites; deluxe, opera and signature (38.5 sq metres), signature premium (43.5 sq metres) and suites (67-136 sq metres). Business & Conference Facilities: 11 function...

 

LANGUAGE: Vietnamese is the official language. It has six different tones that can change the meaning of words and they are often difficult to distinguish for non-native speakers. In written form, the language uses the Roman alphabet and accent marks to emphasise tones. English is beginning to be...

A country undergoing profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after investment destinations. Its opening to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics by the army.

This...

 

In a move to further liberalise its business environment and improve investor certainty, the government of Myanmar recently promulgated the new Myanmar Investment Law (MIL), which was drafted by the country’s primary investment oversight entity, the Myanmar Investment Commission (MIC).

With the historic general election in November 2015 followed by the new government’s official takeover in March 2016, Myanmar turned a key corner in its modern history. Unsurprisingly, this event also brought with it a wave of expectations for major and rapid change, with government ministries also outlining a series of 100-day plans, which gave an insight into many of the new...

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