Economy and industry

Many important transportation works such as expressways and bridges in Ho Chi Minh City and the southern region have increased inter-regional connections and faster pace of development in the southern key economic zone, with Ho Chi Minh City as its centre. The city now has two ...

Ho Chi Minh City will need VND13.5 trillion (US$602.678 million) more for its programme to improve water bodies, which started in 2001 with the aim of cleaning up all canals, the People’s Committee has said. Chairman Nguyen Thanh Phong said the money would be used for ...

Human resource development and awareness of self-ownership and self-reliance on the part of local authorities is inadequate and is hindering the progress of grassroots development projects. This finding was reported at a meeting in Vientiane on 19 February to review development progress in areas along the shared ...

Somsavath Khemsuliyajack is one of the first Lao nationals to set up a business in Myanmar, which is currently one of the hottest investment destinations in the world.  Somsavath develops, distributes, and markets cosmetics under the brand name ‘SK Herbal’. SK Herbal’s line of products has ...

Tak and Songkhla will be the next provinces with government-developed special economic zones (SEZs) after the one in Sa Kaeo is finished. The SEZ in Songkhla’s Sadao district has been designated for rubber processing, while the one in Tak’s Mae Sot district will be for agricultural processing, ...

Vietnam’s agricultural exports to the United States (US) are expected to surge with stable demand from a key market, an official of the government said on 18 February. Le Van Banh, head of the Department of Processing and Trading Agricultural, Forestry, Aquatic Products and Salt under ...

A total amount of VND14.2 trillion (US$634 million) from Vietnam government bonds, which is the remaining capital from expansion projects on National Highway 1A and Ho Chi Minh Highway passing through Central Highland region, will be used to construct 17 new projects and repair dozens ...

State Bank of Vietnam Governor Nguyen Van Binh on 17 February asked credit institutions to boost lending right after Tet (Lunar New Year) in a move to support businesses. Under Directive No819/NHNN-VP, the Governor asked the institutions to effectively enhance their capital mobilisation to be able to ...

The resurfacing of three main roads in Vientiane will start early next month while many other roads will also be resurfaced in the coming months, scheduled for completion by the end of this year. Deputy Director of the Vientiane Public Works and Transport Department, Mr Nuanta Hompathoum, ...

The Lao language can be used in domain name systems and on the internet after the Internet Corporation for Assigned Names and Numbers (ICANN) approves its use in the middle of the year. The Ministry of Posts and Telecommunications and the ICANN discussed the issue at ...