News

Over 95kg of alleged elephant tusks smuggled from Africa to Vietnam

Customs officers at Noi Bai International Airport in Hanoi on 12 August seized 49 purported elephant tusk parts and one alleged rhino horn that were shipped from Africa. The suspicious tusks weigh 95.54kg while the horn weighs 4.76kg, customs officers said. Keep reading ...

Customs red tape costs Vietnamese traders $10 billion a year: expert

Vietnam can help traders save US$10 billion every year by simplifying its customs procedures, which are now very time-consuming and complicated, an expert from a think tank has said.    Nguyen Dinh Cung, head of the Central Institute for Economic Management, told an online conference on Tuesday that customs ...

Laos gets plugged in

Laos is not exactly a heavy hitter in Southeast Asian energy production. Each year, the country produces approximately 8.2 billion kWh of electricity, less than one-tenth the generation capacity enjoyed by Vietnam and other neighbors. But this country of 6.77 million is nonetheless taking on strategic importance as ...

World Wide Fund for Nature (WWF) issue warning on Mekong’s biodiversity

Scientists say the Southeast Asia’s rapid development is driving deforestation in the vital Mekong Subregion, and threatening scores of species in one of the world’s most bio-diverse ecosystems. Trafficking in plant and animal wildlife is accelerating the trend, and governments are being pressed to do ...

China's currency devaluation could spark 'tidal wave of deflation'

China’s devaluation of the yuan has sent shockwaves through global markets. Edwards, of the bank Société Générale, argues that as well as creating a challenge for China’s Asian rivals, by making its exports more competitive, a cheaper yuan will send “a tidal wave of deflation” breaking ...

More investing in Laos' specific economic zones

Many more companies are planning to invest in special and specific economic zones (SEZs) in Laos after witnessing the potential to benefit from the coming regional integration, according to a recent report. Keep reading   ...

Myanmar arrests one suspect, seeks second in record amphetamines bust

Police in Myanmar’s commercial capital Yangon have arrested one suspect and are searching for another they say were involved in what may be the country’s largest seizure of amphetamines to date, an official said on 12 August. Authorities discovered more than 26 million tablets of the illegal ...

Lao authorities free woman detained for alleged extortion photos

Authorities in Laos have released a young woman who had been detained for more than two months after a photo she took was posted on Facebook, allegedly showing police officers extorting money from her brother during a stop for a traffic violation, according to a ...

Myanmar flood death toll tops 100

The death toll from severe flooding across Myanmar has topped 100, state media have reported, with nearly 1 million people affected as fears intensify for the country’s crucial rice bowl region.  Floods from a heavy monsoon season have cut through South and Southeast Asia in recent ...

Rakhine, delta brace for more bad weather

Western Myanmar is bracing itself for more foul weather as the Department of Meteorology and Hydrology yesterday forecast additional rain along the southern Rakhine coast and Ayeyarwady Region.  The department forecast heavy rain in northwest Myanmar and southern Ayeyarwady Region until 14 August. Keep reading ...

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