Economy and industry

Damage to property in Hongsa and Xaysathan districts of Xayaboury province has been estimated at over 2 billion kip after at least 300 families were affected by an earthquake last week. Director of the province’s Labour and Social Welfare Department, Mr Nouphone Xaypanyachith, said two earthquakes ...

Many Vietnamese enterprises lack understanding about sustainable development goals (SDGs) and are not applying them to their business, Tran Thi Lan Anh, deputy general secretary of the Vietnam Chamber of Commerce and Industry, said at a forum held in Ho Chi Minh City on November 25. Associations that represent enterprises ...

On Cambodia’s Tonle Sap, record low water levels have plunged fishing communities into crisis but with warnings of “severe drought”, there are concerns the situation will get even worse. “Every day we can only find about one or two kilogrammes (two or four pounds) of fish, ...

The building of large dams has increasingly run into opposition in established democracies but gained momentum in autocratic states, which often tout their benefits for combating droughts and water shortages. But, as the Mekong basin illustrates, giant upstream dams can contribute to river depletion and ...

The 2019 Lancang-Mekong Cooperation (LMC) Exposition opened Thursday in Kunming, capital of southwest China’s Yunnan Province, aiming at boosting sub-regional trade and investment. More than 2,000 merchants from home and abroad are expected to attend the five-day event, which has set up 1,800 booths in five ...

With more and more Chinese investment flowing into the country, many key government officials are speaking out in support of the projects, which range from a high-speed railway line to special economic zones to seaports. At several local investment forums, they have voiced the view ...

The U.S. government agreed this week to give another coast guard vessel to Vietnam so the Southeast Asian country can increase its defense against China. But behind that move, Vietnam and the United States are struggling over a growing trade deficit that has alarmed U.S. ...

River systems help sustain lives and livelihoods. But, thanks to excessive damming and drastic overuse of their water resources, some rivers are drying up before reaching the sea. Nowhere is this truer than Asia. Building large dams has increasingly run into grassroots opposition in established democracies ...

The government this week launched a strategy to boost eco-tourism in the Kingdom, aiming to increase revenue from the sector while improving the livelihoods of rural communities and helping protect the country’s natural resources. The 2019-2030 Ecotourism Policy, launched Tuesday during the first National Ecotourism Forum, ...

The diversity and quality of jobs available in Cambodia is improving, yet new policies are needed for the country to benefit from the opportunities available in future global markets, according to a World Bank report released on Tuesday. Titled Cambodia’s Future Jobs: Linking to the Economy ...