Govt to offer incentives to port investors

Authorities are seeking approval from Deputy Prime Minister Somkid Jatusripitak for a new benefit-sharing arrangement between state and private sectors to give four river and sea ports shunned by investors a new lease on life.Keep reading ...

Cà Mau wants to build $3.5 billion seaport

Southernmost Cà Mau Province is seeking investment to develop a US$3.5 billion seaport complex, which can receive vessels of up to 250,000 tonnes capacity, on Hòn Khoai Island.Keep reading ...

OK for coal trans-shipment port

Deputy Prime Minister Trịnh Đình Dũng has approved the proposal to build a coal shipment port in the southern region.Keep reading ...

Deep-sea port needed for delta region to boost logistics

Developing a deep-sea port at the delta region, reforming the customs valuation process and increasing customs’ operating hours are policy recommendations endorsed by an advocacy group. The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as ...

Govt takes step to develop Vung Ang seaport

The government has instructed relevant sectors to study the establishment of a Lao joint state-private company to join its Vietnamese counterpart to develop a seaport in Vietnam, the government spokesman has said. The instruction was made at the two-day monthly cabinet meeting for May that closed ...

Confusion over water transport service implementation arises

The government has chosen the company which will operate the water bus service on the Hlaing River and Nga Moe Yeik Creek, said Daw Nilar Kyaw, regional minister of electricity, industry and transportation, on May 22 at a regional parliamentary session. The company Tint Tint ...

Connectivity key to ASEAN growth

Southeast Asian business and political leaders meeting in Phnom Penh on May 11 said multilateral connectivity, both physical and digital, was needed to ensure that ASEAN’s development and growth was not restricted by national borders. Delegates attending the second day of the World Economic Forum on ...

Good infrastructure vital for ASEAN

The availability of good infrastructure at the national level of ASEAN countries is a prerequisite if they are to benefit from regional economic integration, delegates told a panel at the World Economic Forum on ASEAN on May 11. “Better physical infrastructure development in the country ...

President to attend Road and Belt Forum in China

President Bounnhang Vorachit will attend the Belt and Road Forum for International Cooperation taking place from May 14 to 15 in Beijing, while economists say China’s Belt and Road Initiative will benefit the Lao economy.​ The president will lead a high-level delegation from Laos to ...

Quality infrastructure vital for growth

Quality infrastructure will attract foreign direct investment and is the key to ASEAN’s sustained economic growth, according to a Japanese bank official on May 10. “The ASEAN region needs to give priority to developing good infrastructure. This is a key factor for improving connectivity and long ...

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