Trade
Exports
Fisheries income rises despite falling exports
Exports of fish fell in the first four months of 2017, but income from the fisheries sector increased by nearly half compared with the same period last year. According to an Agriculture Ministry report, income from the fisheries sector between January and April was $230,653, up ...
Work to start on road link to Dien Bien Phuin next two years
It could be another two years before authorities start building a road from Luang Prabang province to the Vietnamese border at Dien Bien Phu province despite the funding commitment by Vietnam. A senior official in charge of the proposed project at the Ministry of Public ...
Vietnam looking to import cattle to meet increasing demands
Vietnam has requested Vientiane authorities to supply up to 400 cattle per day to meet continuing demands for beef there but authorities have asked for more time in supplying the cattle. This follows the two parties signing a contract to export cattle to Vietnam which ...
Pursat market to boost local vegetable trade
Farmers in Pursat province are to benefit from a new vegetable market, allowing them to sell their produce for free for the first five years. The market is aimed at boosting sales of chemical-free vegetables for distribution across the country, to reduce reliance on imported ...
Pepper farmers seek new GI listings
Pepper production inched up to close to 12,000 tonnes last year with cultivation on 6,124 hectares, but unstable prices have led to calls for geographic indicator (GI) certificates for a range of peppers. The eastern Thbong Khmum province is the leading pepper producer, growing 8,566 ...
NLA proposes VAT hike to 8 per cent
The National Legislative Assembly has agreed that the value-added tax should be increased from 7 per cent to 8 per cent. However, the final decision on the tax hike will be made by the Cabinet after the NLA submits its proposal for approval. The proposed VAT ...
NA session ends, calling for govt to pursue targets
The National Assembly’s Eighth Legislature ended its third ordinary session on May 18, calling for the government to work harder in the pursuit of development targets. In her closing remarks, NA President Ms Pany Yathotou said the 17-day session agreed on multiple points that the ...
Laos, China ink deals to deepen cooperation
Laos and China signed nine cooperation agreements in Beijing this week after a meeting between the two countries’ top leaders. President Bounnhang Vorachit and his Chinese counterpart Xi Jinping held a bilateral meeting in Beijing on Tuesday, a day after the first ever Leaders Roundtable ...
RCEP opens markets for Cambodia
The Regional Comprehensive Economic Partnership has the potential to deliver significant business opportunities for Cambodia, given that the 16 RCEP participating countries contribute about 30 percent of global GDP and more than a quarter of world exports, said a Commerce Ministry official on May 18. “RCEP ...
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum ...
