Economy and commerce

Economic policy and administration

Lost in Laos: Systemic problems are far greater than one new leader can solve

On 30 December, Lao Prime Minster Phankham Viphavanh (72) resigned ostensibly on health grounds, but amidst an economy in sharp decline and saddled in foreign debt. He is succeeded by the scion of one of the country’s two political dynasties, Deputy Prime Minister Sonexay Siphandone (56). Politics in ...

A commentary by Zachary Abuza

Việt Nam – Laos friendship, solidarity, cooperation to further thrive: President

Talking to the press on the occasion of the 60th anniversary of the nations’ diplomatic relations (September 5, 1962 – 2022), he said with their time-tested relationship, Việt Nam and Laos have many advantages and great potential to increase the scale of cooperation. It requires both ...

VNS

Vietnam orders media to promote its ocean strategy

The Vietnamese government has launched a national campaign to promote its maritime policies as the ruling party pledges to explore “all available legal tools” to defend its interests amid China’s growing assertiveness in the South China Sea. A government order stipulates that by 2025, all domestic media outlets ...

RFA Staff

Long An to maintain its leading economic position in Mekong Delta

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, ...

Vietnam Economy News

Party chief calls for enhanced efforts to elevate Mekong Delta’s prosperity and development

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 ...

Vietnam Politics & Laws

Investment, stronger agricultural exports drive economic growth

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 ...

Somsack Pongkhao

Beijing boosts regional cooperation with Mekong-Lancang nations

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 ...

Khmer Times Staff

Asean needs a Middle Path

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 ...

PARITTA WANGKIAT

Thailand reopens to vaccinated tourists from over 60 nations

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 ...

End Poverty — Build a More Resilient Economy in Lao PDR

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 ...

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