Extractive industries
Chinese steel may flood Vietnam market
After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them. Vice-Chairman of the Vietnam Steel Association Nguyen Van Sua said although in recent years, the local steel ...
Vietnam, Dagestan reach oil and gas exploitation agreement
Vietnam is willing to pour up to 300 million USD into an oil and gas exploitation project in the Caspian Sea of the Republic of Dagestan within the Russian Federation, said Dagestan’s Government Office on 18 August. Keep reading ...
Vietnamese companies to mine rock salt in Khammuan, Laos
Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, Laos, with an engineering, procurement and construction contract signed in Hanoi, Vietnam, on 14 August. Vietnam Chemical Group and Vietnam Lao Chemical and Rock Salt Limited Company signed ...
Gold prices unchanged at B18,200
Thailand’s Gold Traders Association have announced buying prices at 17,843.32 baht per baht weight for gold ornaments. Keep reading ...
Myanmar activists press Chinese mining firm for answers
Local activists have again failed in their bid to get a major Chinese mining company to answer questions about its involvement in mining activities in Sagaing Region. Ko Tint Aung Soe, a representative of the Myanmar Alliance for Transparency and Accountability in Sagaing Region, told The ...
Anti-dredging activists refuse to meet with government
Activists have continued their campaign to drive out sand dredging companies from Koh Kong province’s Botum Sakor district, refusing a meeting with local authorities and instead holding a 100-strong protest outside the district hall. Keep reading ...
Vietnam destroys 60 illegal gold mines in central region
Quang Ngai Province’s Military Command announced 27 July they had destroyed 60 illegal gold mines within 6 days, by one week earlier than previously planned. Government agencies have coordinated with Engineer Corps to carry a ton of explosives to the sites. Keep reading ...
Thai boats caught smuggling oil in Vietnam waters
Vietnamese coast guards have caught two Thai boats smuggling fuel to two Vietnamese fishing boats in the southwestern waters off off Phu Quoc Island. Keep reading ...
Laos stone not a rock-solid investment for Chinese speculators
A government ban, fines and the confiscation of goods has not stopped Chinese opportunists seeking to make a quick buck in Laos stone, reports the Shanghai-based China Business News. The popularity of Laos stone has investors betting that it could step up next to the greats ...
Rayong fishermen mark two years since oil spill
Small fishermen in Rayong have called on Thailand’s biggest petrochemical company to do more to rehabilitate oil-spill impacted sites along the province’s coastline, saying they still are living with the after effects of a spill two years ago. Keep reading ...
