Economy and industry
Stricter environment rules and fiercer competition threaten small paper firms
Small paper producers with an annual capacity of 10,000-20,000 tons will face more difficulties in 2018 due to stricter regulations on wastewater treatment and harsher competition from big companies, heard a meeting in HCMC last week. Vietnam Pulp and Paper Association general secretary Vu Ngoc ...
Companies to pay $2,000 a month to new university graduates
Some Vietnamese companies have confirmed they are willing to offer monthly pay of $2,000 to new university graduates. Le Quang Tien, former vice president of FPT, the Vietnamese largest information technology group, conducted a mini survey on salaries for new graduates after a debate about the ...
Cassava leaves farmers struggling
Cassava prices rose this month compared with a few months ago due to limited supply, but the market for cassava is uncertain. Sorn Yin, the president of Malai Trading that collects cassava in Banteay Meanchey province and sells to Thailand, said that despite the price rising ...
Food processing industry in Mekong Delta still not attracting investors
Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments. A report of the Ministry of Planning and Investment shows that Vietnam has attracted $290 billion worth of foreign direct ...
Lao trucks unable to enter China at Boten border crossing
Lao trucks delivering goods to China have to transfer their freight to Chinese trucks at the Boten international checkpoint in Luang Namtha province, officials have said, citing the smaller size of Lao trucks. Another official in Luang Prabang province also said that Lao trucks could ...
Laos, Vietnam seeks to boost cooperative relations
Lao and Vietnamese leaders have discussed a number of issues in a move to consolidate the cooperative relations, friendship and special solidarity between the two countries. At a meeting held between Lao Minister of Foreign Affairs Mr Saleumxay Kommasith and his visiting Vietnamese counterpart Pham ...
Rubber growers may see profits bounce back
Rubber growers may have another chance to make money from the crop, but may have to wait a few years to reap profits. This was the prediction made by Chinese experts in the rubber trade on December 26 when they revealed the results of their ...
Angkor Air in another A320 deal
Cambodia Angkor Air, the Kingdom’s flag carrier, is expecting to receive delivery of a leased Airbus aircraft later this week as part of a previously unannounced deal with Dublin-based aircraft leasing and aviation finance company AerCap. The arrival of the Airbus A320 follows the delivery ...
Myanmar woos investments in infrastructure, transport and energy
With the recent enactment of the investment law and lifting of sanctions, Myanmar has become friendlier to foreign investment, particularly in infrastructure, transport and energy, according to its state investment agency. The Myanmar Investment Law was passed on Oct. 18 by combining the country’s foreign ...
LMC can be used as example for China to handle trans-boundary river disputes
With persistent concerns expressed by India about China’s exploitation of the Yarlung Zangbo River, upstream from the Brahmaputra River in India, officials and scholars should study the possibility of borrowing on the experience of the Lancang-Mekong cooperation mechanism to resolve disputes along trans-boundary rivers. The ...
