Economy and commerce

Laos is facing significant economic challenges but has the potential to develop sustainably and more equitably, according to a new World Bank report. The latest Lao PDR Country Economic Memorandum, “Linking Laos, Unlocking Policies”, analyses economic performance over the last 20 years and draws lessons from ...

China has collectively consulted, contributed to and shared in the development of the Lancang-Mekong region with the five Mekong countries — Thailand, Myanmar, Cambodia, Laos and Vietnam — over the past five years, helping to promote economic sustainability and connectivity. The Lancang-Mekong Cooperation (LMC) framework is ...

Long An Province is focusing on sustainable economic development while staying safe from COVID, maintaining its position as an economic leader in the Mekong Delta. At the start of the year, the province issued a socio-economic development programme for 2022 to assist struggling workers and businesses, ...

General Secretary of the Communist Party of Việt Nam Nguyễn Phú Trọng has called for joint efforts to drive the growth of Mekong Delta and augment the prosperity and development of the ‘land of the nine dragons’ river.’ He made the remark while chairing the Politburo’s ...

Effective management of the Covid-19 crisis in Cambodia has led to an increase in the number of government-approved investment projects outside the Kingdom’s special economic zones (SEZ) in the first two months of 2022, with a total capital investment of “more than $2 billion” – ...

Laos’ economy is projected to grow 3.4 percent this year and 3.7 percent in 2023, due to the country’s investments to boost exports, according to the Asian Development Outlook (ADO) 2022 released by the Asian Development Bank (ADB) on Wednesday. “Growth in 2022 and 2023 will ...

China has committed to many regional development projects under the Belt and Road Initiative and the LMC with the Mekong-Lancang countries. Thong Mengdavid, a research associate of the Mekong Center for Strategic Studies at the Asian Vision Institute, a think tank in Phnom Penh, told China Daily that ...

Khong district, an island situated in the Mekong River in Champassak Province in the south of Laos is part of the area known as Siphandone, meaning Four Thousand Islands, and has long been popular with visitors for its laid-back bucolic feel. Siphandone is an archipelago of ...

Despite the economic downturn during the Covid-19 pandemic, China-sponsored infrastructure, trade and cooperation initiatives with Southeast Asian nations have been moving forward consistently — amplifying the presence of Beijing in one of the world’s fastest growing regions. One recent landmark event was the inauguration of the ...

Vietnam is granting Can Tho, on the Mekong Delta, a special status to draw investment amid China’s growing presence in the country and the South China Sea. The National Assembly approved the plan to promote the southern city on Tuesday. With this resolution, Hanoi will grant ...