Economy and commerce

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 ...

A recently promulgated update to a 2003 law on investment is redefining incentives for more than a dozen business sectors. This is only the Kingdom’s second investment law and it expands the range of environmentally focused organisations eligible for incentives. The list of eligible business sectors ...

There are many driving forces for growth for Vietnam in 2022, and the growth target of 6.0 – 6.5 percent for 2022 is quite feasible, according to foreign economists. In an interview recently granted to the Dau tu (Vietnam Investment Review), lead specialist and group head ...

Tens of thousands of travellers are expected to arrive in Thailand today as the country reopens to tourists after 18 months of Covid restrictions. Vaccinated tourists from more than 60 “low-risk” nations are allowed to enter the country and avoid hotel quarantine. Tourist numbers are forecast to ...

The Lower Mekong Region is home to around 100 CITES-listed tree species. These include CITES Appendix-II timber-producing species of rosewoods (genus Dalbergia), yew trees (genus Taxus spp.), and agarwood (genus Aquilaria), some of which are highly valuable for international trade. This has made some of these species a target ...

October 17 is the International Day for the Eradication of Poverty, or End Poverty Day as it is often known, one of the most important days on the calendar for people working in governments and development agencies all over the world. Let me be clear: poverty ...

Seven delta localities will cooperate to prevent Covid-19, protect people’s health and develop production and business. Authorities in Can Tho City and six provinces of An Giang, Kien Giang, Hau Giang, Soc Trang, Bac Lieu and Ca Mau are expected to join an online meeting on ...

Laos has authorised the mining and trading of cryptocurrencies, in a policy shift by the debt-laden south-east Asian nation that positions it to profit from the crackdown on digital currency mining in China. Analysts said the move was a logical step for the landlocked, communist-ruled country ...