Economy and commerce

Specifically, the farm-gate price of hogs bred for slaughtering in many localities in the Mekong Delta has decreased by about VND2,000-VND3,000 per kg, to the lowest level in many months. In Can Tho City and many provinces such as Soc Trang, Vinh Long, An Giang, ...

Vietnam will achieve the highest growth in the digital economy in Southeast Asia between 2022 and 2025, a report by Google, Temasek and Bain & Company has forecast. It will grow at 31% followed by the Philippines with 20% and Indonesia with 19%, according to e-Conomy ...

Talking to the press on the occasion of the 60th anniversary of the nations’ diplomatic relations (September 5, 1962 – 2022), he said with their time-tested relationship, Việt Nam and Laos have many advantages and great potential to increase the scale of cooperation. It requires both ...

Thailand has been a popular expatriate destination for investment and retirement for decades, but foreign land ownership has long been restricted. Foreigners can own no more than 49% of any condominium development and are restricted from owning most freehold estates. Yet Thailand is keen to attract ...

A senior official noted that the country lags behind in technical expertise when it comes to turning raw fish and other aquatic species into higher-value items. In the first seven months of 2022, total freshwater and marine fishery production amounted to 24,500 tonnes and 6,860 tonnes, ...

According to experts, the Mekong Delta has a dense network of rivers, creeks, and canals, with a length of about 26,550 km of natural rivers; thereby, it is convenient for the development of waterway traffic and river economy. On August 1, the Academy of Politics Region IV in ...

A nation disadvantaged by geography, Laos has turned to intense infrastructural development and foreign direct investments to accelerate economic growth. As the landlocked nation opens its doors to foreign money, who is it inviting, and what troubles lay ahead? Once an ancient kingdom and a hub ...

Laos is facing one of its worst economic crises in many years. Last month, inflation hit a 22-year high of 23.6 percent, according to official reports. Consequently, the price of fuel, gas, and gold has increased by 107.1 percent, 69.4 percent, and 68.7 percent, respectively, compared to June 2021’s price. Long ...

Myanmar has set a goal of doubling rice exports in three years’ time by focusing on higher-quality varieties, according to the president of the nation’s rice federation. The country plans to ship as much as 4 million tonnes annually by 2025 from around 2 million tonnes ...

The Vietnamese government has launched a national campaign to promote its maritime policies as the ruling party pledges to explore “all available legal tools” to defend its interests amid China’s growing assertiveness in the South China Sea. A government order stipulates that by 2025, all domestic media outlets ...