News
Thai among 17 busted in Vietnam-Laos drug blitz
Vietnam has a Thai man and 17 others after a blitz on drug crime uncovered major stashes of heroin, cannabis and precursor chemicals, state media have said. Six Vietnamese were arrested in Hanoi after being caught with some 120 kilogrammes of heroin hidden inside household gas ...
Vietnam Jan-July foreign investment declines 8 pct
Foreign direct investment in the first seven months declined by 8 percent year-on-year to US$8.8 billion, Vietnam’s Foreign Investment Agency has reported. Newly licensed projects were worth $6.9 billion, 1 percent up from last year. Keep reading ...
Jailings linked to border campaign, Rainsy says
Cambodian opposition leader Sam Rainsy said Sunday that the imprisonment of 11 CNRP activists for “insurrection” last week was a message from Prime Minister Hun Sen that the party must end its campaign to highlight encroachments along the Vietnamese border. Mr. Rainsy’s comments came after the ...
World Bank report casts doubt on Vietnam's actual debt burden
Local economists have advised the Vietnamese government to be extremely careful with spending because its public debt has reached a dangerously high level. They raised their concerns after the World Bank reported that Vietnam’s public debt exceeded US$110 billion last year. The figure is higher than ...
Koreans to conduct Laos – Vietnam feasibility study
Korea Rail Network Authority and Seoul University are to conduct a feasibility study for a new rail link between Vientiane and the southern Vietnamese port of Vung Tau. Keep reading ...
Vietnamese think economy not running well, prices still too high: survey
A survey has found that many Vietnamese are not happy with high consumer prices and the widening rich and poor gap in their country. Members from the World Bank and the Vietnam Chamber of Commerce and Industry (VCCI) said at a conference that their new survey found ...
Vietnam’s name-and-shame corporate tax list enjoys success
Vietnam has found an effective way to crack down on tax laggards as it struggles to fund infrastructure projects and curb rising debt: make the names of the offending businesses public to shame them into paying up. The Ministry of Finance published a first-ever list of ...
Controversial Cambodia dam goes ahead despite concerns
Implementation of the Lower Sesan 2 hydropower project in northeast Cambodia is underway despite civil society organisations and local residents expressing concerns over possible serious impacts on the environment and natural resources. Ouch Vibol, project officer of the Culture and Environment Preservation Association, told journalists at the ...
Thai PM says Vietnam a friend, not competitor
Thai Prime Minister Prayuth Chan-ocha has brushed aside concern that Vietnam is eclipsing Thailand as a regional manufacturing base, saying Vietnam is a friend not a competitor. The comments came during a visit to Bangkok by Vietnamese Prime Minister Nguyen Tan Dung, and at a time ...
Vietnam sponsors educational, cultural centres in Laos
Vietnamese President Truong Tan Sang’s financial gifts were handed over to authorities in the Lao provinces of Luang Prabang and Houaphanh to build cultural and educational facilities. Keep reading ...
