Long An to maintain its leading economic position in Mekong Delta

Long An Province is focusing on sustainable economic development while staying safe from COVID, maintaining its position as an economic leader in the Mekong Delta. At the start of the year, the province issued a socio-economic development programme for 2022 to assist struggling workers and businesses, ...

Vietnam Economy News

PM centralises administration of Official Development Assistance in Laos

Prime Minister Thongloun Sisoulith has endorsed a new decree which aims to centralise the administration of Official Development Assistance (ODA). Mr Thongloun signed the Prime Ministerial Decree on the Administration of Official Development Assistance on October 9. The Lao Official Gazette, a website administered by the ...

Ekaphone Phouthonesy

China to Provide 1 Billion Yuan Socioeconomic Grant to Myanmar

China will provide a grant of 1 billion yuan (225.39 billion kyats, or approximately US$148 million) for socioeconomic development projects under an economic and technical cooperation agreement signed in Beijing last week. Myanmar’s Ministry of Foreign Affairs said in a press release on Monday that the ...

Commission consults on child rights convention

The National Commission for Mothers and Children and United Nations Children’s Fund on October 25 organised a consultation workshop to review and provide input into a draft of the 3rd to 6th state Convention on the Rights of Child report. The workshop in Vientiane reported that ...

Public debt ceiling to remain at 65%

The government will not lift the public debt ceiling but will tighten its financial discipline to develop enterprises and further attract social investment to create the resources needed for reform and socioeconomic development. Lifting the ceiling would affect the country’s loan repayment capacity, Deputy Prime Minister ...

PM welcomes new WB Country Director in Vietnam

Prime Minister Nguyen Xuan Phuc congratulated Ousmane Dione on his appointment as new Country Director for the World Bank in Vietnam at a reception at the Government’s headquarters in Hanoi on October 4. He said the WB is important to Vietnam and bilateral relations are being ...

Cabinet mulls ways to boost investment in special economic zones

The government cabinet has been exploring ways to better facilitate and promote investment in Special Economic Zones, after many zones have been set up in the provinces and in Vientiane. The cabinet on September 26 convened an extraordinary meeting and discussed a draft of the Law on ...

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