Trade
Imports
VN to increase liquid gas imports by 2025
Sharply decreasing Liquid Natural Gas (LNG) output and increasing prices of new gas resources are forcing Việt Nam to look to increase LNG imports. The country is expected to import five million tonnes of LNG by 2025. The figure is expected to increase to 11 ...
Residents await Laos-China railway compensation payments
Preliminary counts have been completed in the provinces through which the Laos-China railway will pass, to pave the way for compensation to be paid to the affected villagers and residents who will be relocated. However affected residents in the provinces through which the railway will ...
Laos-Thailand railway link set for expansion next year
Phase II of the Laos-Thailand railway, which will see the line extended from the suburbs to central Vientiane, is set to resume after the project was suspended in 2011. The line will be built over a distance of 7.5km to link the track from the ...
New cranes to raise Sihanoukville port’s capacity
State-owned Sihanoukville Autonomous Port received its first shipment of four new rubber-tyred gantry cranes from Japan this week under a $22 million investment plan that aims to expand the seaport’s container throughput capacity by 80 percent, a port official said on December 20. “We received ...
Forest coverage to rise to 47.25 percent in 2017
The forestry sector will protect, develop and sustainably use existing forest areas and land fund for forest development with a view to raising the country’s forest coverage to 47.25 percent in 2017. This is one of the focal tasks of the sector during 2017 put ...
TPP still of value to Vietnam
It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard. Trade with other members may be possible, conference hears, and there are other trade ...
Education, skills key to graduation from LDC status
Moving out of Least Developed Countries status requires raising people’s education and skill level as well as improving their health. The matter was stated by Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury during the conference on launching related issues, held in Vientiane on ...
Minister faces music on sand
Mines Minister Suy Sem could not give parliament’s anti-corruption commission an acceptable explanation for why Cambodian customs data failed to note $750 million in sand exports that Singapore says it received, the committee’s chairman said after a hearing on December 15. Sem was called in ...
Experts call for reducing rice exports
The country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Viet Nam Food Association. Speaking at a seminar in HCM City on December 13, Huynh The ...
Shrimp exports set to grow 10-15%
Thai shrimp exports are expected to grow by 10-15% next year, with domestic supply to hit a record high four years after Thailand began wrestling with early mortality syndrome. Somsak Paneetatyasai, president of the Thai Shrimp Association, said the country’s overall shrimp industry has been ...