Economy and commerce
Trade
Laos, IRRI agreement to boost food security
The government and the International Rice Research Institute have agreed to strengthen their partnership in research and expand the institute’s role in increasing Laos’ food and nutrition security. The agreement was signed in Vientiane on May 8 by Deputy Minister of Agriculture and Forestry, Dr Phouangparisak ...
Residents yet to get Myanmar-China pipeline compensation
Despite the fact that the Myanmar-China pipeline has started to import oil, local residents have yet to receive the compensation due to them for damage to their crops arising from digging works on the pipeline. Crops had been pressed down by soil and landslides have occurred ...
Int’l cashew conference planned
An international clients conference for the cashew industry will be held in southern Bình Phước Province next week to provide an opportunity for cashew farmers, processors and traders to exchange information and explore business opportunities with local and foreign partners. Nguyễn Anh Hoàng, director of ...
Aquaculture export to reach $13b
Việt Nam’s exports of marine aquaculture produce is expected to reach US$12-13 billion by 2020 and $30-35 billion by 2030, according to the Việt Nam Sea Culture Association. Nguyễn Hữu Dũng, the association’s president, said with its long coastline and more than 3,000 islands and ...
Thailand Future Fund IPO delayed by cost concerns
The planned initial public offering of the Thailand Future Fund will be pushed back for another three months to September as concerns over the cost of launching the fund continue. Expressway Authority of Thailand, the owner of two expressways to be pooled as underlying assets ...
Port to open bidding for B1.3bn container station
The Port Authority of Thailand plans to open bids for a container freight station project worth 1.3 billion baht at Bangkok port, known as Klong Toey port, this year. PAT director-general Sutthinan Hatthawong said bidding will be held to seek a contractor to build the ...
High feed prices cut into animal husbandry’s profits
Input material prices have decreased, but the price of animal feed remains unchanged, and, as a result, breeders have incurred heavy losses as the live pork price has dropped dramatically. Nguyen Thi Dung in Vinh Huu commune of Tien Giang province complained that the live pork ...
Laos attends special ASEAN-US foreign ministers meeting
Minister of Foreign Affairs Saleumxay Kommasith led a Lao delegation to attend the Special ASEAN-US Foreign Ministers’ Meeting which was held in Washington D.C., the United States, on May 4. Malaysian Foreign Minister AnifaHj. Aman and the United States’ Secretary of State Secretary Rex W. ...
WFP injects more than US$85m to support sustainable development
The World Food Programme has granted more than US$85 million (682 billion kip) to help the Lao government achieve the Sustainable Development Goal targets, as well as middle-income country status. A Memorandum of Understanding was signed on Friday by Deputy Minister of Planning and Investment, ...
RSPO freezes palm oil company’s operations in Papua
The world’s biggest sustainable palm oil association has frozen the operations of one of its most prominent members on concessions in Indonesia because of failures to meet its standards on new planting. The Complaints Panel of the Roundtable on Sustainable Palm Oil issued a stop-work order ...
