News

Vietnam provides radio, television stations for Oudomxay

Vietnam Television has provided new radio and television transmission stations for Xay district, Oudomxay province, which will become operational today following a handover ceremony in Vientiane on November 29.​ A document to hand over the two stations was signed by Laos’ Minister of Information, Culture ...

Government pushes expressway to go ahead

The government has instructed authorities to resume construction of a section of the long delayed northern expressway linking the Kasetsart intersection and Nawamin Road, also known as the N2 section. The planned expressway, which will link west Bangkok at Bang Pa-In-Bang Phli motorway to east ...

Laos, Vietnam give full support to fuel supply pipeline

Motorists in Laos could enjoy lower prices at the pump now that the Lao and Vietnamese governments have expressed their full support for the construction of a pipeline that would deliver fuel from Vietnam to Laos. The survey, design and feasibility study of the proposed ...

Cross-ocean line lights up island commune

Lại Sơn Island Commune in the southwestern province of Kiên Giang was officially linked to the national grid on November 26 upon the completion of the cross-ocean 110kV line, the country’s longest above-sea power project so far. The project was built by Electricity of Việt Nam’s ...

City Infrastructure JSC sells $40m bond

HCM City Infrastructure Investment JSC on November 24 signed a contract to sell US$40 million worth of convertible bonds to KEB Hana Banktrustee and Custodian Business, the first tranche in its plan of issuing $60 million bonds to raise funds for its projects, the HCM Stock ...

The AIIB and shifting economic dynamics in Southeast Asia

The China-led Asian Infrastructure Investment Bank, which seeks to help plug Asia’s infrastructure-funding gap, has begun shifting the economic balance of power and influence in Southeast Asia, a region in which Japan and the United States have traditionally been the key external economic players. While ...

Lý Sơn begins construction of new $9 million tourism port

Construction of the new Bến Đình Tourism Port in Quảng Ngãi Province’s Lý Sơn Island District kicked off on November 23. The US$9 million project is expected to meet the increased number of visitors to the island district, and is planned to be completed in 2018. ...

SRT plans high-speed rail talks with Malaysia

Thailand is preparing to sit for talks with Malaysia to discuss an ambitious initiative to build a new high-speed train system linking Bangkok and Kuala Lumpur. The planned meeting follows interest expressed earlier by the Malaysian transport minister, which drew an enthusiastic response from Thai ...

Lese majeste suspects 'bottled up in Laos'

A number of suspected lese majeste offenders are holed up in Laos and police will work with public prosecutors and Interpol to track them down, the national police chief says. Pol Gen Chakthip Chaijinda said the Thai and Lao governments have discussed the matter and ...

State spending trusted to boost GDP

Despite muted sentiment in the fourth quarter, the government is highly confident the economy could end this year with an estimated growth of 3.2-3.3%. Deputy Prime Minister Somkid Jatusripitak said accelerated state spending on infrastructure projects and growing tourism will shore up economic growth in ...

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