News

Coal imports reduce in 7 months y-o-y

Việt Nam imported 7.9 million tonnes of coal worth US$810 million in the first seven months of the year. The imports represented a 5.1 per cent decrease in terms of quantity and a 49.2 per cent increase in term of value compared the same period last ...

Vietnam News Staff

Lao trucks unable to enter China at Boten border crossing

Lao trucks delivering goods to China have to transfer their freight to Chinese trucks at the Boten international checkpoint in Luang Namtha province, officials have said, citing the smaller size of Lao trucks. Another official in Luang Prabang province also said that Lao trucks could ...

Country makes remarkable achievements in foreign affairs

The relations between the Lao PDR and great powers have seen positive escalation, while the nation has maintained normalcy in its relations with developed countries, reflecting some remarkable achievements in Laos’ foreign affairs. The achievements were disseminated at the 13th meeting on foreign affairs, which ...

Strong demand boosts exports to CLMV

Exports to Cambodia, Laos, Myanmar and Vietnam continue to rise due to strong demand in the neighbouring countries, where the economies continue to grow, according to the Office of Industrial Economics. Ittichai Yotsi, director of the OIE’s Bureau of Industrial Economics Research, said exports to ...

Customs impounds 100 NGV buses amid duty doubts

The Customs Department has impounded 100 natural gas vehicle air-conditioned buses which were supposed to hit Bangkok streets late this month amid doubts over whether the import order is legitimate or was falsely declared to avoid more than 100 million baht in tax. The first ...

Will coal shares bounce back?

The strong increase in coal prices has rekindled hopes for Vietnam’s miners and securities investors after a period of disappointment. After eight years of decline, the coal price began recovering in early 2016. Analysts commented that the coal price has been witnessing the strongest recovery compared ...

Industrial rail project gathers steam with government push

Transport Minister Sun Chanthol has vowed to reinvigorate a long-dormant project to connect the Kingdom’s sole operating railway line to the capital’s biggest industrial park – a move that would boost rail traffic ahead of the completion of a rail link to northwestern Cambodia and ...

What does the possible end of the TPP mean for the Mekong Delta projects?

China and Japan remain committed to the region; matter of time before private investment picks up. The future of the U.S.-led Trans-Pacific Partnership agreement looks increasingly unlikely to progress in the wake Donald Trump’s U.S. election victory. And Vietnam, once touted as one of the ...

Government to air concerns on Lao VAT

The government is set to raise the issue of Laos’s value-added tax in a joint discussion with Lao counterparts, fearing the new tax measure may cripple growing border trade. Adul Chotinisakorn, deputy director-general of the Foreign Trade Department, said that while the issue is an ...

The Philippines to buy rice from Myanmar

Myanmar’s Ministry of Commerce revealed that the Philippines has offered to ink a government-to-government treaty to buy rice from its fellow ASEAN country. “The Philippines has offered to buy rice. More detailed discussions are needed [for the treaty]. Currently, it imports rice mainly from Vietnam. ...

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