Economy and industry

Vietnam helps Laos build topographic database

Vietnam has helped Laos complete the building of a digital topographic database and a topographic map of its northern and central region, serving the country’s socio-economic development and environmental management. The information was announced at a conference, co-organised by the Vietnamese Ministry of Natural Resources ...

Southeast Asian free trade deal pushed back to 2019

Leaders of Southeast Asian nations have again pushed back an agreement on a pan-Asian free trade deal amid a whirlwind of diplomacy Wednesday at their annual summit. In convening talks among the leaders of countries participating in the plan, Singapore Prime Minister Lee Hsien Loong ...

More Southeast Asian Dam Disasters Likely Unless Funders Ensure Higher Standards

The Lao dam disaster in July that resulted in heavy flooding in two provinces that left at least 40 people dead and displaced 7,000 others has drawn both regional and international attention to the potential dangers of Southeast Asia’s current dam-building spree. With plans for ...

China Pushes Free-Trade Zone in Mekong Region with Thailand, Laos

As the trade war with the U.S. intensifies, China is looking to strengthen commercial ties with countries in the Mekong region of Southeast Asia by setting up a free-trade zone on the border between Thailand and Laos. In the planned zone, Beijing will waive tariffs ...

Myanmar agrees smaller deal for China-backed port after 'debt-trap' concern

Myanmar on Thursday signed an agreement with China’s state-run CITIC Group to begin work on a deep-sea port in the west of the country, after negotiations that saw the initial phase of the project scaled back over fears of a “debt trap”. Myanmar Deputy Minister of ...

Ten ASEAN Nations On Track For 5.2% Overall Growth Rate This Year - IMF Report

The ten members of the Association of Southeast Asian Nations are achieving overall booming growth rates of 5.2 percent this year, the International Monetary Fund (IMF) said in a report on Thursday. “The member countries of the Association of Southeast Asian Nations (ASEAN) continue to ...

Experts stress efforts to up food standards

Cambodian experts on Tuesday urged entrepreneurs, traders, producers and suppliers to pay more attention to food safety standards to ensure the welfare of consumers. The appeal was made at the Food Safety Forum held at the Mekong Institute under cooperation with Institute of Standards of ...

Collapsed Lao dam ‘was built on a sinkhole’

The site of a tragic dam collapse in southern Laos three months ago was geologically unsuitable for such a project, an American engineer has claimed. Richard Meehan is an MIT-trained engineer who teaches at Stanford University in the United States, who has experience in designing and ...

Myanmar Fails to Advance in World Bank’s Ease of Doing Business List

Myanmar showed no improvement in its overall ranking in the World Bank’s latest ease of doing business index, retaining the No. 171 spot it held last year—and remaining the least favorable ASEAN member country in which to conduct business. Keep reading ...

Vietnam releases cybersecurity draft decree

Vietnam on Friday released a long-waited draft decree on guidelines to implement a cybersecurity law that global technology companies and rights groups have said could undermine development and stifle innovation. Keep reading ...

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