Economy and industry
With farms, fruit and feed, Vietnam's tycoons explore agribusiness ventures
Some of Vietnam’s top firms are carving out opportunities in its $37 billion agriculture and seafood sector and looking to expand overseas, helped by free trade pacts. “We’ll have global food shortages by 2050. If we invest fundamentally and correctly, this market is infinite,” said Nguyen Duy ...
New rice deals hammered out with African countries
Thailand has clinched several deals to sell 765,000 tonnes of rice worth US$313 million to African countries. Commerce Minister Chatchai Sarikulya said during a five-day visit to South Africa that Thai exporters had signed 11 memorandums of understanding with African importers for the rice, worth 10.9 ...
Missing Lao military helicopter found crashed, weather hampers rescue
A military transport helicopter carrying 19 passengers and four crew members to Houaphan and Xieng Khuang provinces in northern Laos which went missing two days ago has been found crashed, official sources have said, adding that a “high-ranking military patient” had been on board the ...
Thailand dismisses US criticism over human trafficking and slavery
Thailand has hit back after being blacklisted in a US report for the second consecutive year for not combatting modern-day slavery, arguing it has made serious steps to tackle human trafficking. The ministry of foreign affairs said the US state department’s annual Trafficking in Persons report, “does not ...
Proposed minimum wage gains traction with employers
After initial rejection and amid some continued reluctance, most employers are now ready to accept the K3600 a day minimum wage, provided a few conditions are met, the Ministry of Labour said. During a meeting on 25 July with employers who had objected to the government-proposed ...
Villagers call for suspension of dam resettlement program
Cambodians who have accepted relocation from the future reservoir zone of the Lower Sesan II hydropower project have called for the suspension of the resettlement program for one year and help to repair homes built by the Cambodian-Chinese energy firm constructing the dam. Villagers who held negotiations ...
Military helicopter carrying 19 passengers, four crew ‘missing’ in Laos
A military transport helicopter carrying 19 passengers and four crew members in northern Laos is missing more than 36 hours after it departed an airport in the capital Vientiane, an Air Force official has said. Air traffic control in Vientiane lost contact with the MI-17 helicopter ...
Thailand to benefit from China's Belt and Road Initiative: experts
The Belt and Road Initiative is a trade and infrastructure network that includes the Silk Road Economic Belt and the 21st Century Maritime Silk Road to connect Asia, Europe and Africa. Thai government has voiced support for the initiative on various occasions, stressed that Thailand is ...
Thai boats caught smuggling oil in Vietnam waters
Vietnamese coast guards have caught two Thai boats smuggling fuel to two Vietnamese fishing boats in the southwestern waters off off Phu Quoc Island. Keep reading ...
Laos stone not a rock-solid investment for Chinese speculators
A government ban, fines and the confiscation of goods has not stopped Chinese opportunists seeking to make a quick buck in Laos stone, reports the Shanghai-based China Business News. The popularity of Laos stone has investors betting that it could step up next to the greats ...
