Shrimp exports to reach US$2.6 bln in 2013 0

Vietnam Shrimp ProcessingSource: The Voice of Vietnam

Vietnam expects to earn around US$2.6 billion from shrimp exports in 2013, up by 15 percent against last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The positive forecast has been attributed to the sharply increasing price of domestic shrimp, which is expected to bring higher profits to shrimp breeders and accelerate shrimp hatching to ensure a steady supply for export. More…

Japan seeks closer ties with Turkmenistan 0

Abe-BerdymukhamedovSource: Azernews

Japan is interested in establishing close ties with Turkmenistan, Japanese Prime Minister Shinzo Abe said after negotiations with Turkmen President Gurbanguly Berdymukhamedov who was on an official visit to Tokyo from September 11. More…

Mongolia to sell up to $1 billion in Samurai bonds, Premier says 0

Mongolia mapSource: Bloomberg Businessweek

Mongolia plans to sell as much as $1 billion worth of Samurai bonds this year and offer foreign investors a new way into its largest coal project as Prime Minister Norovyn Altankhuyag seeks to revive growth. More…

China now world’s third largest investor behind US and Japan 0

Chinese Yuan and US DollarsSource: The Times of India

China has emerged as the world’s third largest investor as foreign direct investment (FDI) from the communist giant jumped by 17.6 per cent last year defying a global pattern.

China’s outbound FDI rose 17.6 per cent year-on-year in 2012 to a record high of $87.8 billion, according to the 2012 Statistical Bulletin of China’s Outward Foreign Direct Investment (ODI) by the ministry of commerce. More…

Myanmar receives over 730 mln USD’s foreign investment in single month 0

topimg_22137_myanmar_600x400Source: Mizzima

Myanmar received 731 million U.S. dollars’ contracted foreign investment in a single month of August, bringing the total to over 43 billion dollars as of the end of the month since 1988, local media reported Sunday.

The investment, which came from six countries and regions, was mostly injected in the manufacturing, making it the largest foreign-invested sector in 2013. More…

New project aims to help small businesses in Cambodia 0

Tuk Tuk driving down National Road 6 Phnom Penh, CambodiaSource: The Cambodia Daily

A new project by the government and Japan’s aid agency seeks to assist small companies in Cam­bodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries.

The aim of the two-year program, called “Strategic Strengthening of Small and Medium Enter­prise (SME) Support System,” is to provide free guidance to 10 selected small businesses that are facing issues to help them in­crease productivity, improve management, foster innovation and encourage cooperation between other businesses. More…

Turkmen President to pay official visit to Japan 0

turkmenjapanflagSource: Turkmenistan.RU

President of Turkmenistan Gurbanguly Berdimuhamedov will pay an official visit to Japan on September 11-13 this year.

As the Turkmenistan.ru correspondent reports from Ashgabat referring to the press service of the Turkmen Foreign Ministry, Gurbanguly Berdimuhamedov is expected to meet with Emperor of Japan Akihito and Japanese Prime Minister Shinzo Abe as part of the visit. More…

Manufacturing continues to lead nation's FDI charge 0

vietnam deloitteSource: Viet Nam News

Foreign investors poured a total of US$12.63 billion in Viet Nam during the past eight months, an increase of 19.5 per cent over the same period last year.

The Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, reports that as of August 20, nearly 770 new projects were licensed, representing registered capital of over $7.4 billion, a year-on-year increase of 12.2 percent. More…

Japan issues loan for US$353.87m to Uzbekistan 0

electricity_lineSource: Uzbekistan Daily

The Government of Japan allocated 34.877 billion yens (about US$353.873 million) to implementation of the Navoi Thermal Power Station Modernization Project.

The loan was issued to Uzbekistan within the Official Development Aid (ODA). On 22 August 2013, Tashkent hosted a ceremony on signing exchange notes within the Japanese yen loan of ODA within the Navoi Thermal Power Station Modernization Project. More…

Turkmenistan, Japan to ink agreements on cooperation in oil and gas sector 0

Turkmenistan_flag_albom_280612_1Source: Azernews

The report on preparation of documents of cooperation with Japan in oil and gas sphere was submitted to the President of Turkmenistan Gurbanguly Berdymukhamedov, the Turkmen government said.

The documents are planned to be signed during the upcoming visit of Turkmen delegation to Japan. More…