News
Gems traders in Mandalay to protest decline in jade market
Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...
Law on bad debt settlement necessary: experts
The Government must create a law on bad debts settlement to tackle difficulties during the process, experts said at a recent conference held by the State Bank of Việt Nam. Nguyễn Quốc Hùng, chairman of the Việt Nam Asset Management Company, said on October 26 the ...
Authorities bolster efforts to stem illegal wildlife trade
Despite concerted efforts by officials to end the illegal wildlife trade through regular inspections at markets throughout the country, the trade continues to flourish. To reduce illegal wildlife trading in Laos, especially in the main towns, the authorities have asked various agencies to join the ...
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 ...
Ticon follows factory shift to Cambodia
Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. Lalitphant Phiriyaphant, the company’s chief financial officer, said Ticon has already invested $20 million into expansion in ...
Agro-forestry-fishery export value up 6.3%
The total export value of agro-forestry-fishery products in the first ten months of this year reached US$26.4 billion, a year-on-year increase of 6.3 per cent, according to the Ministry of Agriculture and Rural Development. Specifically, export value was $12.5 billion from of main farming products, ...
VN, Singapore pledge to beef up ties
Việt Nam and Singapore have agreed to work together to seek new directions for co-operation in order to optimise opportunities and benefits brought about by free trade agreements and the ASEAN Economic Community. Deputy Prime Minister and Foreign Minister Phạm Bình Minh and Singaporean Foreign Minister ...
VN, Myanmar to enhance political-diplomatic ties
Việt Nam and Myanmar have agreed to further enhance political and diplomatic ties via increasing all-level visits and contacts through Party, government, State, National Assembly channels and people-to-people exchange. The agreement was reached during talks between President Trần Đại Quang and Myanmar President Htin Kyaw following ...
Govt seeks to increase bank deposits to 84 percent of GDP
The government has announced its intention to increase deposits in commercial banks to 84 percent of Gross Domestic Product by 2020, up from the 57 percent expected in 2016, in a bid to meet growing development needs. Governor of the Bank of the Lao PDR, Mr. ...
Vietnam, Philippines strengthen strategic partnership
The official visit to Vietnam by Philippine President Rodrigo Roa Duterte from September 28-29 is expected to strengthen the strategic partnership between the two countries, especially in politics, security, defence, and economics. This is President Duterte’s first visit to Vietnam and his fourth foreign trip since ...
