Economy and industry

Rain causes river bank collapse in Chai Nat

Heavy rain that hit parts of Sankhaburi district of Chai Nat province on night of 9 November caused the bank of the Noy river to collapse, damaging a riverside road and pulling down many houses. Hardest hit were villages in tambons Don Kam, Bang Khut and Pho Ngam. Keep ...

ASEAN nations adopt new technology plan

ASEAN ministers of science and technology met recently in Vientiane to adopt the ASEAN Plan of Action on Science, Technology and Innovation (APASTI) for 2016-2025. The 16th ASEAN Ministerial Meeting on Science and Technology was organised in Vientiane by the Ministry of Science and Technology and presided over by ...

Concrete roads pave way to the future in Vientiane

More roads in Vientiane and the provinces are being built or upgraded using concrete rather than asphalt as the authorities recognise its durability against the ravages of wet weather and heavy trucks. An official from the Vientiane Public Works and Transport Department, who asked not to ...

Lao Government, stakeholders raise awareness of corporate social responsibility

Government officials and stakeholders met in Vientiane on 9 November to discuss and promote understanding of corporate social responsibility (CSR), especially in the land and natural resources sector. The meeting was organised by the Investment Promotion Department under the Ministry of Planning and Investment in collaboration with ...

Luxury timber goes to Vietnam en masse

While crowds gathered in Phnom Penh to watch Cambodia’s Independence Day parade, a different sort of procession drew the attention of villagers in Ratanakkiri province on 9 November, with hundreds of motorbikes flooding across border checkpoints loaded with luxury timber. The spectacle, which on a smaller ...

Warning for Thailand's ailing enterprises

The State Enterprises Policy Commission or superboard yesterday gave a mandate for seven loss-ridden state enterprises including embattled Thai Airways International (THAI) to launch rehabilitation plans next month. The superboard, which met on 9 November and was chaired by Prime Minister Prayut Chan-o-cha, will hold executives, management teams and ...

Vietnam hopes to attract more Chinese tourists, with deeper pockets

Vietnam has launched its biggest ever promotional campaign in China, its largest visitor market, in an attempt to reverse a downward trend in the tourism industry.   The Vietnam National Administration of Tourism (VNAT) last month started a series of events that gathered many travel agencies across ...

Local banks draw foreign interest

Vietnamese commercial banks expect to attract foreign investment in their newly-established financial companies thanks to the profitable domestic consumer financial market, according to Dau tu (Investment) newspaper. Despite concerns by shareholders, banks have still tried mergers and acquisitions (M&As) with ailing financial companies, whose non-performing loans ...

Vietnam, Japan produce carbon-free rubber

Vietnamese and Japanese researchers have developed technologies to reduce proteins in natural rubber, thereby permitting the production of high-performance rubber materials and alleviate the environmental burden caused by natural rubber processing. The scientists presented their research results at a session during the International Rubber Conference held ...

Foreigners targeted in 'model trafficking'

Thailand’s Department of Employment is vowing to take legal action against foreigners who work illegally as models in the country.  The action comes following a complaint by the Thai Modelling Industry and Agencies Association, saying a number of foreign models, both men and women, disguise themselves as tourists ...

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