Economy and industry

Myanmar, Thai to open No.2 Friendship Bridge in April

No.2 Friendship Bridge will be opened in first week of April, according to the sources. The new Bridge is aimed at facilitating transport of people and goods and vehicle travel among the six member countries of the Greater Mekong sub-region: Cambodia, Laos, Myanmar, Thailand, Vietnam and ...

Provincial Lawmakers in Laos Call for More Scrutiny of Foreign Firms

Lawmakers in Laos are urging the government to be stricter on foreign business entities in the country in an effort to protect the environment and protect the livelihood of the people. Khamsaphone Xayavong, a member of parliament from Oumxay district, Oudomxay province in northern Laos, called ...

Delayed dam project awaits resolution in Myanmar

Though Myanmar officials have expressed their appreciation for the benefits of the Belt and Road Initiative (BRI), Chinese analysts noted that more practical outcomes should be delivered apart from optimistic plans, as some BRI projects still face uncertainty in the Southeast Asian country. A positive ...

Hot air balloons seen on ancient city of Bagan, Myanmar

Myanmar hosted a two-day workshop on heritage sites management in Lancang-Mekong countries in its ancient city of Bagan on Wednesday. The workshop featured extensive discussions and view exchanges of representatives from six Lancang-Mekong countries — China, Cambodia, Laos, Myanmar, Vietnam and Thailand. Keep reading ...

Localities urged to implement resolution on sustainable Mekong Delta development

The Government’s Resolution No.120 on the sustainable development of the Mekong Delta issued in November 2017 has been highly appreciated by domestic and foreign experts, thanks to its presentation of specific development perspectives, models, and solutions, Prime Minister Nguyen Xuan Phuc said at a working ...

Pak Beng Hydro Dam in Laos Meets New Resistance From Mekong River Advocates

An Environmental group in Chiang Rai has renewed its campaign against the controversial Pak Beng dam that is due to be built on the transnational Mekong River by lodging a complaint with the Supreme Administrative Court against Thai authorities for failing to provide local communities ...

Compensation talks begin for Lao dam disaster victims

LAO AUTHORITIES say negotiations have begun over compensation for the victims of last summer’s Xe Pian-Xe Nam Noy Dam collapse, but environmental activists and rights campaigners want the dam’s backers to do more than just pay out money – they should help restore their livelihoods, ...

Vietnam increases its quota for Kingdom’s rice to 300K tonnes

After the EU decided to impose tariffs on Cambodia’s rice exports from January, Vietnam agreed this week to expand its import quota for the Kingdom’s rice to 300,000 tonnes. Vietnam’s actions come as the Chinese government late last night agreed to increase its import quota ...

Cambodia and Vietnam agree to drop import duties

Trade ties between Cambodia and Vietnam were strengthened on Wednesday following a meeting between high-ranking commerce officials in which both countries agree to drop tariffs on a number of goods. []“In the meeting, Vietnam agreed to grant zero duty privileges to 32 Cambodian goods, and agreed ...

A Changing World: Southeast Asia, testing the resilience in the driving force of the world

The region that grows the most in the globe faces major challenges after years of rapid development: from the ageing of the population to the transformation of its economic model. []Southeast Asia has proven to be invincible capitalizing economic liberalism in the industrial era. Now, the ...

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