Economy and commerce
Agro-forestry-fishery export value up 6.3%
The total export value of agro-forestry-fishery products in the first ten months of this year reached US$26.4 billion, a year-on-year increase of 6.3 per cent, according to the Ministry of Agriculture and Rural Development. Specifically, export value was $12.5 billion from of main farming products, ...
VN, Singapore pledge to beef up ties
Việt Nam and Singapore have agreed to work together to seek new directions for co-operation in order to optimise opportunities and benefits brought about by free trade agreements and the ASEAN Economic Community. Deputy Prime Minister and Foreign Minister Phạm Bình Minh and Singaporean Foreign Minister ...
VN, Myanmar to enhance political-diplomatic ties
Việt Nam and Myanmar have agreed to further enhance political and diplomatic ties via increasing all-level visits and contacts through Party, government, State, National Assembly channels and people-to-people exchange. The agreement was reached during talks between President Trần Đại Quang and Myanmar President Htin Kyaw following ...
Mekong countries discuss measures to boost region's development
Leaders of the five Mekong countries discussed measures to promote cooperation and make the region more dynamic and competitive at the two summits that convened in Hanoi on October 26. The capital is hosting both the 8th Cambodia-Laos-Myanmar-Vietnam Summit and the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...
Cambodia on alert for US taxpayers
With the Internal Revenue Service, the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia on October 26 held a presentation for investors and financial institutions ...
Govt seeks to increase bank deposits to 84 percent of GDP
The government has announced its intention to increase deposits in commercial banks to 84 percent of Gross Domestic Product by 2020, up from the 57 percent expected in 2016, in a bid to meet growing development needs. Governor of the Bank of the Lao PDR, Mr. ...
Trade deal to reduce tariffs with Vietnam
Cambodia and Vietnam inked an agreement on October 26 to drop import tariffs on dozens of products in an effort to boost bilateral trade. Cambodian Commerce Minister Pan Sorasak signed a memorandum of understanding with Vietnamese Minister of Trade and Industry Tran Tuan Anh ahead of the ...
Locals want a disruptive dam project in Northern Myanmar terminated once and for all
It has now been five years since the Myitsone Dam project in Northern Myanmar was suspended, but a local ethnic Kachin man, Mung Ra, is still not satisfied. He wishes that the project had been entirely terminated. He frequently laments the loss of his farm and ...
Southeast Asia’s last major undammed river in crisis
China has suspended dams upstream of the Salween but the Myanmar government is pushing ahead with Chinese backed dams downstream, despite environmental costs and cheaper alternatives. From the snow-capped mountains of Tibet, the Salween rushes through steep gorges in Yunnan Province and flows through four of ...
PM: harness the Mekong region's economic power
The Greater Mekong Sub-region has the potential to become a major global production center due to its favorable geographical location and its proximity to economic powerhouses in both Southeast and South Asia, Prime Minister Hun Sen said on October 25. Speaking in Hanoi at the opening ...
