Economy and commerce
Investment
Bokeo airport upgrade likely to be delayed
Much-needed improvements to Bokeo airport may have to wait a few years more because the government cannot afford to pay for the upgrade of this provincial facility. Minister of Public Works and Transport Dr Bounchan Sinthavong last week informed Assembly members of the situation when speaking ...
Gems traders in Mandalay to protest decline in jade market
Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...
Waiting to tap rubber’s rebound
The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. While international rubber prices have been ...
Ticon follows factory shift to Cambodia
Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. Lalitphant Phiriyaphant, the company’s chief financial officer, said Ticon has already invested $20 million into expansion in ...
500m yuan payout for property owners alongside railway may be too small
The compensation to be paid to the owners of parcels of land and buildings that will be used or demolished to make way for the Laos-China railway may not be enough. Ministers addressed this issue at the National Assembly’s ongoing debate session on October 26, ...
Government criticised in first independent report on Formosa disaster
The Vietnamese government has been accused of a slow response, and a lack of transparency and accountability, in the first independent report into the environmental disaster that killed millions of fish off the central coast earlier this year. The report by the unregistered civil society organisation, ...
Agro-forestry-fishery export value up 6.3%
The total export value of agro-forestry-fishery products in the first ten months of this year reached US$26.4 billion, a year-on-year increase of 6.3 per cent, according to the Ministry of Agriculture and Rural Development. Specifically, export value was $12.5 billion from of main farming products, ...
VN, Singapore pledge to beef up ties
Việt Nam and Singapore have agreed to work together to seek new directions for co-operation in order to optimise opportunities and benefits brought about by free trade agreements and the ASEAN Economic Community. Deputy Prime Minister and Foreign Minister Phạm Bình Minh and Singaporean Foreign Minister ...
VN, Myanmar to enhance political-diplomatic ties
Việt Nam and Myanmar have agreed to further enhance political and diplomatic ties via increasing all-level visits and contacts through Party, government, State, National Assembly channels and people-to-people exchange. The agreement was reached during talks between President Trần Đại Quang and Myanmar President Htin Kyaw following ...
Mekong countries discuss measures to boost region's development
Leaders of the five Mekong countries discussed measures to promote cooperation and make the region more dynamic and competitive at the two summits that convened in Hanoi on October 26. The capital is hosting both the 8th Cambodia-Laos-Myanmar-Vietnam Summit and the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...