Logo of Phnom Penh Post newspaper Phnom Penh Post - Business

Ho Chi Minh attracts nearly $4B investment in 2019

Publication date 21 August 2019 | 21:05 | ICT

Ho Chi Minh City attracted about US$3.63 billion in foreign direct investment (FDI) capital in the first seven months of this year, marking a year-on-year increase of 15.2 per cent, according to the municipal People’s Committee.



  • Romania 5G may exclude Huawei

    Publication date 21 August 2019 | 21:05 | ICT

    Bucharest could exclude Chinese giant Huawei from its future 5G network, according to a joint statement signed by the Romanian and US presidents and published on Wednesday.

  • New Siem Reap-Myanmar flights set to take off

    Publication date 21 August 2019 | 21:04 | ICT

    Cambodia's JC International Airlines plans to launch new flights between the Kingdom and Myanmar, according to the airline’s COO and Chief Pilot Anupama Pathirana.

  • Gov’t: Being competitive key to growth

    Publication date 21 August 2019 | 21:02 | ICT

    Minister of Commerce Pan Sorasak on Wednesday said the Cambodian government has focused on its competitiveness strategies and the growth of Industry 4.0 in the Kingdom to withstand the trends of global protectionism and geopolitical

  • Spooked Trump insists US recession not on the cards

    Publication date 21 August 2019 | 19:19 | ICT

    US President Donald Trump on Tuesday insisted that recession – a potentially dangerous blow to his reelection next year – is not in the cards. But he indicated he’s preparing just in case.

  • Peso stability priority says new Argentine finance minister

    Publication date 21 August 2019 | 19:19 | ICT

    Argentina's new finance minister made stabilising the country’s battered currency his top priority on Tuesday, while still pledging to meet commitments made to the International Monetary Fund (IMF), which is sending a team to Buenos

  • US ports brace ahead of China tariffs

    Publication date 21 August 2019 | 19:18 | ICT

    The latest lurches in President Donald Trump’s trade war with China set the stage for a potential repeat of late last year when goods flooded into America’s ports to beat new tariffs.

  • South Korea to spend $3.9B on economy

    Publication date 21 August 2019 | 19:16 | ICT

    The government will spend 4.7 trillion won ($3.89 billion) next year to support the development of future industries as part of its effort to revitalise South Korea’s sluggish economy, the finance minister said on Wednesday.

  • In high-tech Japan, cash remains king

    Publication date 21 August 2019 | 19:16 | ICT

    Once a pioneer in cashless transactions, Japan is now lagging behind as the world’s biggest economies increasingly embrace electronic payments – because its ageing population still prefers physical money.

  • Road damage harming S’ville trade

    Publication date 20 August 2019 | 21:47 | ICT

    The Minister of Public Works and Transport Sun Chanthol said on Tuesday that road damage in Preah Sihanouk province caused by recent rainfall and traffic congestion has been affecting the transport of goods between Phnom Penh and Si

  • South Korea to issue fines against VW, Porsche

    Publication date 20 August 2019 | 21:46 | ICT

    South Korea said on Tuesday it will issue fines and file criminal complaints against Volkswagen and Porsche for installing “illicit devices” that helped multiple diesel vehicles cheat pollution standards.