Economy and commerce
Việt Nam to build plan for trade promotion in development triangle area
Representatives of Cambodia, Laos and Việt Nam have agreed to assign Việt Nam to devise an action plan for effectively implementing the Agreement on Trade Promotion and Facilitation in the CLV Development Triangle Area, signed in 2016 in Siem Reap, Cambodia. This is one of the important ...
Provincial Lawmakers in Laos Call for More Scrutiny of Foreign Firms
Lawmakers in Laos are urging the government to be stricter on foreign business entities in the country in an effort to protect the environment and protect the livelihood of the people. Khamsaphone Xayavong, a member of parliament from Oumxay district, Oudomxay province in northern Laos, called ...
Localities urged to implement resolution on sustainable Mekong Delta development
The Government’s Resolution No.120 on the sustainable development of the Mekong Delta issued in November 2017 has been highly appreciated by domestic and foreign experts, thanks to its presentation of specific development perspectives, models, and solutions, Prime Minister Nguyen Xuan Phuc said at a working ...
Vietnam increases its quota for Kingdom’s rice to 300K tonnes
After the EU decided to impose tariffs on Cambodia’s rice exports from January, Vietnam agreed this week to expand its import quota for the Kingdom’s rice to 300,000 tonnes. Vietnam’s actions come as the Chinese government late last night agreed to increase its import quota ...
Cambodia and Vietnam agree to drop import duties
Trade ties between Cambodia and Vietnam were strengthened on Wednesday following a meeting between high-ranking commerce officials in which both countries agree to drop tariffs on a number of goods. []“In the meeting, Vietnam agreed to grant zero duty privileges to 32 Cambodian goods, and agreed ...
A Changing World: Southeast Asia, testing the resilience in the driving force of the world
The region that grows the most in the globe faces major challenges after years of rapid development: from the ageing of the population to the transformation of its economic model. []Southeast Asia has proven to be invincible capitalizing economic liberalism in the industrial era. Now, the ...
EU eyes trade action over rights abuses in Cambodia
The European Union is launching action that could see it suspend Cambodia’s preferential access to the EU market over the deterioration of human rights and the rule of law in the country. Keep reading ...
Chinese investment in Southeast Asia is plummeting
China-funded infrastructure projects in Southeast Asia have plunged in the past year as foreign governments grow wary of Beijing’s overseas investments. The value of newly announced big-ticket deals in the region – investment commitments and construction contracts worth more than $100 million – dropped just ...
The Hidden Environmental Toll of Mining the World’s Sand
By far the largest mining endeavor globally is digging up sand, mainly for the concrete that goes into buildings. But this little-noticed and largely unregulated activity has serious costs — damaging rivers, wreaking havoc on coastal ecosystems, and even wiping away entire islands. In Cambodia, researching ...
Brexit could put 1.7 million people around globe into extreme poverty
It’s a long way from Whitehall and Brussels, but a study has found that the developing country that will be hardest hit by Brexit is the south-east Asian nation of Cambodia. With the deadline to reach a Brexit agreement looming in March, much attention has been given to ...