News
‘Forward Cabinet’ meets to resolve problems in southern border provinces
The 13-member “Forward Cabinet” will meet with the heads of state agencies and private sector representatives to gather inputs for the “Triangle of Stability, Prosperity, and Sustainability” development project on November 2. The project is aimed at elevating three districts in the southern border provinces into ...
Additional Bt20 billion rice boost ‘may not be enough’
While welcoming the government’s decision to subsidise the rice trade by another Bt20 billion, paddy growers and analysts on November 1 said the move might be too little and short-term to tackle problems in the entire system.The Rice Policy Management Committee on November 1 increased its budget ...
Public debt near red line: NA deputies
The second session of the National Assembly on November 1 continued with debates on a five year financial plan, targets and orientation for the mobilisation and use of public investment loans as well as public debt management during 2016-2020. Finance Minister Đinh Tiến Dũng presented a ...
Goa summit could be the turning point for BIMSTEC
The recently concluded eighth BRICS summit in Goa, India on October 15-16 saw a range of unprecedented outcomes and engagements. One of the biggest highlights among them was the BRICS-BIMSTEC Outreach Summit, where the BRICS leaders met the heads of government of the BIMSTEC countries. ...
Indonesia, Vietnam look to blaze trail for solar in Southeast Asia
Indonesia and Vietnam are looking to join Thailand in blazing a trail for solar power in Southeast Asia, introducing targets to fire up green energy generation as a landmark global agreement to curb pollution is set to take effect. Countries around the world are coming ...
Can Vietnam take full advantage of preferences in VN-EAEU FTA?
With the free trade agreement between Vietnam and EAEU (Eurasian Economic Union) having taken effect, many Vietnamese export items now enjoy a zero percent tariff. However, it will be not an easy task to boost exports. According to Trinh Thi Thu Hien from the Ministry of ...
Tobacco turns over a new leaf
Agriculture officials and struggling smallholder tobacco farmers are cautiously hopeful that tariff exemptions granted under a new trade agreement with Vietnam will lift sagging demand for their crops. Khann Samban, director of industrial crops at the Ministry of Agriculture, said that the market for tobacco ...
Luxembourg, Swiss govts lend support to tourism, hospitality sector
The Luxembourg and Swiss governments will provide funding totaling 15 million euros or over 133 billion kip for skills development in the tourism and hospitality sector. A launching ceremony for the Skills for Tourism project took place in Vientiane on November 1, presided over by ...
Prized spice has its fans, and imitators
Given the wild success of Kampot pepper, which can fetch up to three times the amount per kilo as Cambodian pepper produced without its prized label, it is hardly surprising that the product has its share of imitators. In an effort to address the risk ...
PM reveals measures to bolster economic growth
Prime Minister Thongloun Sisoulith told the National Assembly that the government will employ a number of measures to spur economic growth amid the current economic and financial constraints. The prime minister on October 31 responded to questions raised by Assembly members about stimulus measures and policies the ...