News
Will Vietnam restructure the central bank?
For the last ten years, the State Bank of Vietnam has said it would restructure its operations. The government has instructed SBV to continue the plan on restructuring the banking system in 2016-2020. But the restructuring has not been implemented, though SBV once drew up a ...
China sets aside $30 million for weather modification program
China has allocated $29.76 million to spend on its weather modification program as part of efforts to combat drought and reduce the impact of natural disasters, the finance ministry said on 14 July, as state media reported flooding this year caused at least 237 deaths. The ...
Asia-Pacific air fares to fall
Air fares in Asia-Pacific are expected to fall by 1.1% next year against a 2.5% rise in global rates seen in the period. The most significant drops in the region are expected to take place in Japan and Singapore, by 2.8% and 5.5%, respectively, given ...
ASEAN nations agree to partner in agri-food development
ASEAN agriculture experts plan to work together towards the sustainable development of the food and agriculture sectors after holding talks on the issue. The Ministry of Agriculture and Forestry’s Director General of the Agriculture Department, Mr Vilaysouk Khennavong, said “the sustainable development of the food and ...
Money concerns over check on mine
The probe into the origin of toxic contamination in areas near the Akara Resources gold mine may be delayed due to financial problems and difficulty in getting all partners to accept a restoration process. Four ministries – Industry, Public Health, Natural Resources and Environment, and ...
Cement suppliers all set for Laos-China railway
Senior officials have advised the Lao Vangvieng Cement Plant to produce sufficient supplies of cement in preparation for construction of the Laos-China railway. Vangvieng Cement Plant Deputy Director, Mr Chanthay Vongnakhone, told the press on 16 July that their three plants at Vangvieng were quite capable of ...
ASEAN energy officials set sights on regional power grid
Energy officials will seek to better connect ASEAN members’ electricity grids into a regional energy network over the next five years to better utilise the countries’ respective strengths and weaknesses in power generation, it was announced at a meeting of the bloc in Myanmar’s capital ...
MATA calls for investigation into Shan State coal mine
A civil society alliance has asked the Shan State government to investigate a coal mine in Namsan township, after farmers claimed their land was confiscated by force without explanation. Myanmar Alliance for Transparency and Accountability has asked the state government whether the mine has been approved ...
Prayut calls for unity to ease region's woes
Prime Minister Prayut Chan-o-cha is urging European and Asian countries to jointly combat economic and environmental problems. Thailand currently chairs the Group of 77, an intergovernmental organisation consisting of 134 developing nations which aim to jointly develop their economies. Though the G-77 members have increased ...
Quang Ninh seaport and industrial complex awaits license
The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of the $311.9 million seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town of the northern province of Quang Ninh, Vietnam. According ...
