Economy and commerce

The Swiss ambassador, Thomas Gass, met with National Assembly Chairman, Vuong Dinh Hue earlier this week ahead of the 52nd anniversary of diplomatic relations between Switzerland and Vietnam later this year. The two officials discussed bilateral trade and investment with progress on negotiations of a free ...

Concerns have been raised by migrant workers that the Thai government will expel Cambodian and Laotian migrant workers. Although there is no explicit policy as such, the concerns are not groundless, because Thailand did in face expel some 200,000 Cambodian workers in June 2014 after the May ...

Since it entered into force in early 2022, the Regional Comprehensive Economic Partnership (RCEP) has helped strongly promote integration of value and supply chains, strengthen confidence in regional economic recovery and create new impetus for trade and investment growth in the region and the world, ...

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 ...

Despite sanctions put in place against the brutal military junta in Myanmar, US traders continue to source precious teak from the country for luxury yachts and flooring. The allegations are made in the new EIA report Acts of Defiance – How US traders are ignoring sanctions to import ...

Pangolin scales at US$160 a kilogram, monkeys and wild cats for sale – the online trade in protected and rare species is thriving in Laos, a key Southeast Asian gateway to the insatiable Chinese and Vietnamese markets for animal products. As world leaders gather in Egypt ...

Specifically, the farm-gate price of hogs bred for slaughtering in many localities in the Mekong Delta has decreased by about VND2,000-VND3,000 per kg, to the lowest level in many months. In Can Tho City and many provinces such as Soc Trang, Vinh Long, An Giang, ...

Vietnam will achieve the highest growth in the digital economy in Southeast Asia between 2022 and 2025, a report by Google, Temasek and Bain & Company has forecast. It will grow at 31% followed by the Philippines with 20% and Indonesia with 19%, according to e-Conomy ...

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 ...

Thailand has been a popular expatriate destination for investment and retirement for decades, but foreign land ownership has long been restricted. Foreigners can own no more than 49% of any condominium development and are restricted from owning most freehold estates. Yet Thailand is keen to attract ...