News

Laos, Australia further strengthen customs cooperation

Laos and Australia concluded a customs related agreement in Vientiane last week, aiming to promote customs-to-customs ties between the two countries. According to a press rel ease from the Australia Embassy in Vientiane, Australian Border Force Commissioner Roman Quaedvlieg is visiting the region to further ...

Amended investment law offers tax incentives, shortens concession period

Amendments to the Investment Promotion Law offer more tax incentives and shorter investment concession periods in a bid to attract more investors while ensuring closer scrutiny of their operations. A draft amendment to the law, which was passed by the National Assembly last week, shortens ...

Steel firm mulls factory in SSEZ

A Chinese steel company is in talks with Sihanoukville Special Economic Zone to set up an industrial facility in the zone, a marketing executive said on November 19. Gu Xia, section chief of SSEZ’s marketing department, said the Chinese company was currently reviewing the land ...

China puts army on high alert after fighting in northeastern Myanmar

China has said its army is on high alert after armed groups in Myanmar attacked military and police posts close to their shared border at the weekend and that it would act to protect its citizens and their property in the area. The official Xinhua ...

Pak Moon dam’s committee resigns en masse

Committee members are Professor Prakob Virotekoot, Mrs Sunee Chairos, Mr Detrat Sookkamnerd, Mr Chavalit Witthayanont, Mr Anant Harnpanichpant, Mr Chalotorn Kansantisookmongkol and Mr Pornchai Tantiwittayapitak. In a statement issued on November 17, the committee said that in the past 20 years, the construction and operations ...

Viettel on course to achieve overseas sales target of $1.5b

Viettel Group’s is likely to achieve its ex-Việt Nam revenue target of US$1.5 billion this year, thanks to a sudden spurt in sales in some of its new markets. Laos and Cambodia are considered the two best and steadiest international markets for Viettel. Unitel, Viettel’s Lao ...

Third international wildlife trade conference opens in Hanoi

The third International Wildlife Trade Conference opened in Hanoi on November 17 with the participation of 47 countries, the European Union, 7 international organisations and over 40 inter-governmental and non-governmental organisations. Vietnam’s Vice President Dang Thi Ngoc Thinh; Laos’ Deputy Prime Minister Sonxay Siphandone; the UK’s ...

Government speeds up EEC projects

The government vows to rev up construction of planned development projects under the Eastern Economic Corridor, which it hopes will form a new engine to drive economic growth. Prime Minister Prayut Chan-o-cha, who chaired meeting of the Committee for Special Development Policy in Special Economic ...

In meeting with Prajin, Facebook reiterates firm stand on users’ privacy

Facebook on November 17 reaffirmed its policy of protecting users’ privacy in a meeting with Deputy Prime Minister Prajin Juntong. Prajin will seek to meet with Mark Zuckerberg, the Facebook founder and chief executive officer, when attending the Asia Pacific Economic Cooperation Summit in Peru this ...

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