30,000 Vietnam food, beverage stores shut down in H1 2024
23 August 2024
4:26 pm
Over 30,000 Vietnam food and beverage stores shut down in the first half of 2024 as consumers cut down on visits to cafes, a company…
Over 30,000 Vietnam food and beverage stores shut down in the first half of 2024 as consumers cut down on visits to cafes, a company…
Rooftop solar and other renewable power producers can now sell and renewable electric users can now purchase electricity directly through private transmission lines without having…
ROME, June 8 (Xinhua) — Global fisheries and aquaculture production has reached a new peak, with aquaculture production of aquatic animals surpassing capture fisheries for…
Rising saltwater intrusion in the Vietnam Mekong Delta threatens the survival of its signature crops, like the king of fruits durian, jeopardizing the region’s agricultural…
A supply crunch of robusta coffee beans in Vietnam — the world’s biggest producer of the bitter bean variety — is poised to send inflation…
Major coffee producing countries like Vietnam and Indonesia are forecast to have sharp drops in output this year in part raising coffee bean prices. By: …
By: Genevieve Donnellon-May Hun Manet, the new Cambodia prime minister and son of the previous prime minister and former military general Hun Sen, recently announced…
The Mekong Delta region is facing a staggering economic setback, with researchers estimating annual losses exceeding VND70 trillion ($2.96 billion) due to saltwater intrusion. The…
A senior Ministry of Tourism official has met with a representative of the US’ Royal Caribbean Group to discuss adding Cambodia to the company’s cruise…
By Anay Mridul Israeli food tech startup Forsea Foods has unveiled the first prototype of its cultivated eel, linking up with Tokyo vegan restaurant SAIDO…
Saltwater intrusion from the sea into the Cửu Long (Mekong) Delta’s water bodies is expected to peak in March, according to the Directorate of Water…
Le Hong Hiep Punishment awaits the Vietnam senior officials who allowed the country’s renewable energy quest to go off the rails, despite its apparent initial…
By Jonathan Kuba The tiny crayfish, a freshwater crustacean commonly known in the United States as “Louisiana crawfish,” “mudbugs” or “red swamp crayfish”…
Cambodia stands at the forefront of foreign direct investment (FDI) in Asia, anticipating a robust influx of capital in 2024, buoyed by a solid economic…
Economists are optimistic that bilateral trade between Cambodia and the United Arab Emirates (UAE) will further increase following the two countries’ commitment to strengthen and…
The Electricity of Vietnam Group (EVN) is no longer a major power producer as it has contributed only 11% of electricity to the national grid…
Vietnam has been making policy changes to open up the electricity industry to private investors, but still remains far from creating a competitive market. Until…
Major Japanese retailer Aeon Mall has opened a logistics center in the southern Cambodia city of Sihanoukville. The port of Sihanoukville is the only one…
August 7, 2023 2022Phnom PenhEu Chin FenFrasers HospitalityCapri by FraserCreateArchitectureMSQM VCCZTH Co Ltd Cambodia: Serviced and hotel residence provider Frasers Hospitality has debuted its…
August 1, 2023 A Phuc Long kiosk in Ho Chi Minh City. Photo by VnExpress/Tat Dat Beverage chain Phuc Long saw revenue in the second…
Yum Brands-owned KFC Thailand announces it is working with Meat Zero to create new plant-based fried chicken menus to be initially served at two KFC…
TOKYO — Japanese trading house Itochu has begun full-scale sales in Japan of plant-based frozen precooked “chicken” products from Thailand’s biggest conglomerate, Charoen Pokphand Group. In…
HANOI, July 17 (Reuters) – Vietnam received its first shipment of liquefied natural gas (LNG) this month, a milestone for the energy-hungry country, but various…
Long Dimanche (R), deputy governor of Sihanoukville during the meeting. Two world-class hotels, Sofitel and Novotel are scheduled to open in Sihanoukville in the…
Poised to reinvent the Vietnam culinary and beverage sector with its trailblazing, cost-effective approach to product development, Bloom. represents a dynamic leap forward for the…
Although luxury brands are still coming to Vietnam, the expensive facades of the central streets of Ho Chi Minh City have been empty at an…
04 July 2023 | 21:34 ICT A feasibility study is underway on a proposed project to convert the Southern Railway Line that links Phnom Penh…
Jollibee Foods Corporation’s subsidiary SuperFoods, which owns Highlands Coffee, has transferred all of its assets of Vietnamese noodles chain Pho24, in an exit to East-West…
Leaving space for mangroves among the shrimp farms in the Vietnam Mekong Delta has been a win-win for aquaculture and the environment, but farmers say…
HANOI, May 16 (Reuters) – The prime minister of Vietnam approved a long-awaited power plan for this decade that needs $134.7 billion of funding for…
Parkson Vietnam, an indirect wholly-owned subsidiary of Parkson Retail Asia, has filed for voluntary bankruptcy with the City People’s Court in Ho Chi Minh City…
Hanoi (VNA) – The Cambodia government on April 7 approved the construction of five renewable energy power plants with a total capacity of 520 megawatts….
A wide-ranging corruption crackdown spearheaded by the Vietnam Communist Party chief has claimed the scalp of a former president and shows no signs of stopping…
Climate change might make growing produce indoors via vertical farming a necessity. But despite taking in more than a billion dollars in venture capital investment,…
SHAH ALAM: Sirim Bhd is working towards increasing jackfruit exports globally by commercialising the fruit as a meat substitute. President and chief executive officer Datuk…
Accor Vietnam and IHG Hotels & Resorts – the world’s leading hotel businesses operating in Vietnam announced that they intend to double the number of…
The average rent in Saigon retail shopping malls last quarter was around US$50 per square meter per month, a year-on-year rise of 9.1%, according to…
By DANSON CHEONG Monday, 16 Jan 2023 3:41 PM A wind power project in China’s Hebei province. China has begun building the world’s largest floating…
Nguyen Hung Dien, Minister of Industry and Trade of Vietnam, established the new framework for electricity prices for transitional solar as well as wind power…
NEW YORK, N.Y.— Nguyen Coffee Supply has launched two additional Ready-To-Drink (RTD) cold brew products to their Vietnamese Coffee Line. Joining their Classic Black Cold…
The Cambodia government has expressed its determination to build high-speed rail to link Phnom Penh with Sihanoukville and neighbouring countries. Prime Minister Hun Sen said…
The government plans to look into building a proposed Sihanoukville Logistics Center (SLC), with support from the World Bank, to transform Cambodia into an “active…
Starbucks continues to respond to increased consumer demand for convenience, partnering with local franchisee Coffee Concepts Limited to bring its drive-thru offering to Cambodia. The…
As nearly one million tonnes of aquaculture waste are discarded annually, some firms have begun to seek profitable ways to reclaim the waste and prevent…
Long Kimmarita | Publication date 10 November 2022 | 19:58 ICT Cambodia’s second expressway project, which will run from Phnom Penh to Bavet town in…
The Cambodia Korea Free Trade Agreement (CK FTA) which will be entering into force on the start of next month is expected to boost exports…
Hin Pisei | Publication date 27 October 2022 | 20:13 ICT Agriculture minister Dith Tina (right) and Chinese ambassador Wang Wentian (third right) look at…
October 1, 2022 Khmer Times Cambodia’s first expressway – which reduces travel time from Phnom Penh to Sihanoukville from five hours to just two hours…
Cambodia is planning to receive one million international tourists via the sea route by 2027 and will strengthen the Southern Tourism Corridor (STC) Cooperation as…
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SINGAPORE/HANOI : Mobile World Investment Corp Vietnam said on Wednesday it has hired an adviser to explore the sale of up to 20 per cent…
The World Bank’s International Finance Corp will buy VND600 billion ($25.6 million) worth of convertible bonds to be issued by Vietnamese agri pork producer and…
Cambodia gross domestic product, GDP will expand to 6.3 per cent this year, higher than growth projections made by the World Bank, the International Monetary…
Swire Coca-Cola Ltd, a wholly-owned subsidiary of Hong Kong-listed Swire Pacific Ltd, is expanding its business in Southeast Asia by acquiring Coca-Cola’s bottling business in…
A 2021 Chinese government initiative to stop aquaculture feed being made from only wild caught young or low-value fish and to instead start producing “compound…
The Vietnam government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough. Vietnam’s latest…
Highlands Coffee, one of the largest coffee chains in Vietnam, earlier this month hiked its prices by 10-15 percent. It said that the increase served…
Starbucks Vietnam will close its Hanoi outlet after eight years, following the closures of two locations in Vietnam last year. The Starbucks Lan Vien outlet…
Google data has revealed Indian tourists are increasingly keen on visiting Vietnam as carriers have launched more direct flights. The search volume for direct flights…
Marriott International has announced a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, to convert and develop close to 2,200 rooms across eight…
Vietnam will see more real estate projects by businesses from the Republic of Korea (RoK) investors in the coming time as they are seeking opportunities…
After a renewables frenzy, Vietnam’s solar energy goes to waste in many provinces without enough transmission capacity. For up to 12 days every month, Tran…
Sok Sithika / Khmer Times The $1.5 billion port is expected to be a major artery for Cambodia’s maritime transport. MPWT A large international deep-sea…
Prime Minister Hun Sen, Head of the Royal Government has instructed the Ministry of Public Works and Transport to study the feasibility of improving the…
As farmers continue to develop intuitive ways to diversify and increase their revenue streams, the field of ‘Agritourism’ is one that is growing in both…
Ba Ria – Vung Tau (VNA) – The southern province of Ba Ria – Vung Tau is carrying out several policies and applying technological advances…
Gains in exports and increased foreign direct investment (FDI) are expected to drive Cambodia gross domestic product (GDP) growth by 5.3 per cent this year…
The CapitaLand Development (CLD), a real estate firm and development wing of CapitaLand Group, is investing $1.3b for the enhancement of its first industrial park,…
The government has agreed in principle to a 1,400MW hydropower dam in Stung Treng province to be built jointly by local conglomerate Royal Group of…
The largest temperature-controlled cold storage and cross-docking facility in Cambodia – which will be able to handle up to 25 per cent of the Kingdom’s…
Vietnam has asked the government of Cambodia to expand a shipping navigation route between its Phu Quoc island, Sihanoukville and Thailand as part of a…
The Ascott Limited launched its first Citadines Flatiron Apart’hotel in Phnom Penh, Cambodia on March 15. Citadines Flatiron Phnom Penh sits right in the middle…
Vietnam plans to strengthen and expand aquaculture cooperation with Cambodia, and provide the Kingdom with modern technology in a bid to spur development in the…
New York, N.Y. — Nguyen Coffee Supply announced the closure of a $2.6 million seed round of funding. The funding will advance Nguyen Coffee Supply’s…
Phnom Penh, Cambodia is set to welcome it’s first ibis budget hotel in July, developed by French multinational hospitality group Accor, the company said in…
By Anh Minh February 27, 2022 | 04:22 pm GMT+7 A worker cleans solar power panels in Vietnam’s central Ninh Thuan Province in 2019. Photo…
23/02/2022 08:03 GMT+7 A leader of Japan’s power producer EREX said the corporation is seeking to invest in biomass power in Vietnam, which holds…
Leading Vietnam’s coffee renaissance has been Future Coffee Farm founder Toi Nguyen, whose plantation around 180 kilometers from Ho Chi Minh City has become an…
A bill authorising the ratification of the Cambodia – Korea Free Trade Agreement (CK-FTA) has been promulgated into law, moving the two Asian nations into…
Wang Wentian, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Cambodia, said that if the process goes smoothly as planned, the Phnom…
During the ASEAN Tourism Forum 2022 in Sihanoukville, Thong Khon, Minister of Tourism of Cambodia and Sandiaga Salahudin Uno, Minister of Tourism and Innovation of…
PHNOM PENH, Jan 20 (Xinhua): Cambodia has inaugurated a US$1.2 million new tourist port in the seaside city of Kep, aiming at attracting more foreign…
The Vietnam Ministry of Industry and Trade will not add any more wind and solar power into this year’s 2022 plan, due to a lack…
Thinking globally about your investments is a good idea this year. The best countries to invest in 2022 probably aren’t where you happen to live….
After adding 3,420 megawatts of power capacity last year, Vietnam now leads Southeast Asia in power production with 76,620 MW. The increase in power production…
Aeon, a Japanese retailer, plans to build a 30,000-square-meter logistics center in Sihanoukville, Cambodia in 2023 to provide import storage, customs clearance, and cross-border online…
Bill Bien, CEO of Forever Oceans, met this week with Jorge Seif Junior, secretary of aquaculture and fisheries at Brazil’s Ministry of Agriculture, Livestock and…
Jin Yu Tang (Cambodia) Fishery Co Ltd plans to splash out an unspecified amount on “marine fish aquaculture in submerged cages”, on Cambodia’s Sihanoukville province…
AEON Mall (Cambodia) Co Ltd’s first “multifunctional logistics business hub” is set to break ground early next month and start operations next year, in a…
Construction on Kampot International Tourism Port – a 4ha quay in Teuk Chhou district about 6km west of Kampot town – has fallen off track,…
Jackfruit or Artocarpus heterophyllus, the spiky, green, bulky fruit is a common sight in the backyard of almost every household on the south coast of…
Cambodia is basing hopes for a post-pandemic economy recovery on free trade agreements with China and South Korea, and membership in the Regional Comprehensive Economic…
Long Dimanche, Deputy Governor of Preah Sihanouk Province, and Tu Xiaogang Du Xiaogang, Party Secretary of the Chinese Communist Party Committee in Wuxi, on December…
The Prime Minister of Cambodia Hun Sen has confirmed that Cambodia will examine the possibility of developing existing railways into high-speed railways and expanding railway…
A new floating eco-tourism port is in the pipeline for northern Sihanoukville province’s Trapaing Kea village, on the Prek Kampong Smach canal upstream from Veal…
The inflation wave that’s sweeping through the global economy is playing into an investment niche that has captivated investor interest and a small group of…
PHNOM PENH, Dec. 12 (Xinhua) — Nearly 71 percent of the construction work on the Chinese-invested Phnom Penh-Sihanoukville Expressway has been completed despite the COVID-19…
From 2022, Cambodia will rollout the expansion of the sea port at Sihanoukville province to reduce sea transport cost and attract more foreign direct investments….
PM Hun Sen said more than $320 million was spent on the construction of infrastructure in Sihanoukville province to improve Cambodia’s image and be the…
By Anna J. ParkLocal Korean private equity companies are increasing their investment in Southeast Asia venture capital businesses, as they see further growth potential in…