Economy and commerce
Trade
Will Vietnam become a scrap steel power?
Vietnamese steel manufacturers are importing more and more scrap steel for domestic production, as this is the easiest and most profitable way to make steel. According to Bui Van Muu from the Metallurgy and Material Technology Faculty of the Hanoi University of Technology, the steel production ...
Customs at Tan Son Nhat airport seize products from elephant tusks
Customs officers at the Tan Son Nhat International Airport in HCM City on May 4 discovered over 4kg of products from elephant tusks and pangolin scales illegally transported from Africa to Vietnam. The products included bracelets and jewellery suspected of being made of African elephant tusks ...
Govt borrows more money to address deficit
The government needs 2,420 billion kip to respond to budget expenditure that occurred in the first quarter of this year (January to March), a government leader has said. Of this figure, 957.7 billion kip is owed from the budget deficit in Q1 and the rest ...
Dry season rice yield falling short of target
Less rice was planted this dry season with the government reducing the target from last year, largely due to the lack of irrigation. Speaking at the ongoing National Assembly session recently Minister of Planning and Investment Dr Souphanh Keomixay said farmers had planted about 84,580 ...
Ground broken for oil refinery
After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground on May 4 on a $1.62 billion project with an updated completion date set for the middle of 2019. The oil refinery, which will be built ...
No salmonella found in pigs
Kandal province’s department of animal health and production released four trucks carrying pigs from Vietnam after they were temporarily detained on suspicion of the swine being infected. The trucks, headed to Kandal province’s Kien Svay district and Takeo province’s Bati district, were stopped by authorities ...
Govt to encourage wider use of contraception
In a bid to lower maternal and child morbidity and mortality, Laos will aim to reduce the unmet need for contraception to 13 percent and increase the contraceptive prevalence rate using at least one method from 42 to 65 percent by 2020. The nation’s unmet ...
Regional meeting cements partnership in tourism
Cambodia, Laos, Myanmar and Vietnam plus Thailand (CLMV+T) have reaffirmed their commitment to strengthen their cooperation in promoting tourism. The countries’ leaders agreed on their tourism partnership during the two-day Regional Workshop on Methods and Strategies for Implementing Public Private Sector for Cambodia-Laos-Myanmar-Vietnam Plus Thailand, ...
Weather station upgrades brighten outlook for forecasters
The Japanese government has supported the improvement of weather recording equipment and facilities which were handed over last Saturday to the Meteorology and Hydrology Department. The project was handed over to the department under the Ministry of Natural Resources and Environment by the Japan International ...
Port unveils $200m expansion
Sihanoukville Autonomous Port is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. The expansion is intended to address a surge in the volume of containers passing through the country’s only deep-sea port. The existing container ...