News
Vietnamese businesses worry about weak competitiveness
A survey found that only 32 percent of businesses have confidence in the competitiveness of their products, while others are worried about the increased presence of foreign goods. Chu Tien Dung, chair of the HCMC Business Association, said at the meeting between HCMC’s leaders and ...
Vietnam aims for safe, speedy railway
Nguyen Ngoc Dong, Vice Minister of Transport, speaks to Tien Phong (Vanguard) newspaper about his Ministry’s plan to develop a fast, yet safe railway service. Who is to blame for the rise in accidents at railroad crossing points in Viet Nam? I have to admit ...
US investor buys big stake in Vietnamese curcumin company
In early 2017, PHI Group, an investor from the US, unexpectedly announced the purchase of a 51 percent stake of Hoang Minh Chau, called the ‘curcumin King’ of Khoai Chau area in Hung Yen province. The value of the deal remains a secret. Analysts believe that ...
Vietnam channels investment capital to Laos
The Vietnamese government has approved total investment of almost US$21.4 billion, US$5.12 billion of which has been allocated to Laos. The Vietnamese Ministry of Planning and Investment was quoted in the Vietnam News recently as saying that Vietnam had channelled the US$21.4 billion into 1,188 ...
Asia-Pacific transport forum eyes sustainable development
Government officials are confident that the Intergovernmental Tenth Regional Environmentally Sustainable Transport Forum in Asia currently place in Vientiane will help to spur the development of Laos’ transport network. The comment was made by Deputy Prime Minister Somdy Duangdy at the forum’s opening ceremony on ...
Water supply officials assess benefits of management project
Waterworks officials evaluated the management of water supply operation on Friday at the terminal evaluation of a project to improve management in the sector. The evaluation was conducted at the 5th Joint Coordination Committee Meeting, which assessed JICA’s technical cooperation Capacity Development Project for Improvement ...
New Bagan guide map in the works
Visitors will find their way around the Bagan ancient cultural zone with greater ease soon with the local tourism authority working on a guide map. The map would be given to visitors to make their trip more convenient, said Bagan Tourism Development assistant project manager ...
Over 5 visses of gold panned at Mahamuni Pagoda
More than five visses (one viss equals 3.6 pounds) of gold have so far been recovered in the annual gold leaves debris panning process at Mahamuni Pagoda in Mandalay, said U Aung Moe, convener of charity at the pagoda. “Gold leaves debris panning started on February ...
Taikkyi earthquake aftermath
The earthquake that shook Yangon on Monday night injured 26 people and damaged a school, two bridges, six houses and 29 religious buildings, according to the Department of Social Welfare and Resettlement. The department will pay K200,000 for each damaged building and house, said U Win ...
CLMV parliaments share public investment experiences
The parliaments of Cambodia, Laos, Myanmar and Viet Nam shared experiences in monitoring and managing State budget and public investment during a conference in Phnom Penh on Monday. Addressing delegates at the launch of the conference, Cambodian National Assembly leader Heng Samrin said the event ...
