News
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. ...
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 ...
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 ...
Laos, China agree to strengthen border security
Laos and China have reaffirmed their commitment to further strengthen cooperation in the maintenance of security along their shared border with the signing of a new agreement. The agreement was signed by the Head of the National Boundary Committee Office of the Ministry of Foreign ...
Thai forced labour case pushed to November 28
A forced labour case involving 14 Myanmar workers and a giant poultry exporter in Thailand’s Lopburi province went unresolved in court on October 31. Unsatisfied with the 1.7 million Thai baht in compensation awarded by the Lopburi Labour Protection and Welfare Office against the poultry farm ...
Wooden furniture manufacturers beg for support
The HCM City Fine Arts and Woodworking Association predicted that Vietnam may reach $7.6 billion from timber and wooden exports in 2016, an increase of 10 percent compared to 2015. Meanwhile, experts have repeatedly warned of the danger of falling behind other regional countries. Vietnam urged to ...
Rice farmers despair amid low prices
Kneeling and sobbing before a top commerce ministry official, a Phichit farmer appealed to the government on October 30 to help growers suffering from the fall in rice prices to 5,000 baht a tonne, the lowest level in decades. Sanit Kaho, a 63-year-old farmer, held the legs ...
World body moves to curtail Japan's 'science' whaling
The world’s whaling watchdog moved on October 27 to curtail Japan’s annual whale hunt, conducted under scientific licence but blasted by critics as a commercial meat haul. A resolution on “improving” the review of deadly research programmes, which Japan alone conducts, split the 70-year-old International ...
Waiting to tap rubber’s rebound
The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. While international rubber prices have been ...
500m yuan payout for property owners alongside railway may be too small
The compensation to be paid to the owners of parcels of land and buildings that will be used or demolished to make way for the Laos-China railway may not be enough. Ministers addressed this issue at the National Assembly’s ongoing debate session on October 26, ...
