Economy and industry

Vietnam will step up improving the investment climate and hopes to see Japanese firms increase investments in agriculture in the coming time, a Ministry of Agriculture and Rural Development official said. General Director of the MARD’s Department of International Cooperation Tran Kim Long delivered the message ...

The recent incident at Song Bung Hydropower Plant has alerted Vietnam to reconsider the construction of so many hydroelectric plants, which have been compared to “timebombs”. Those who visit the northern mountainous province of Ha Giang cannot miss Ma Pi Leng, one of the four most ...

Construction of a 30-km embankment along the Mekong River starting near the Lao-Thai Friendship Bridge in Vientiane will soon begin. The flood protection levy will run from the Vientiane-Nong Khai Friendship Bridge downstream through Huaymarkhia village to Dongphoudy and Thamuang villages in Hadxaifong district. The project, known ...

The government cabinet has been exploring ways to better facilitate and promote investment in Special Economic Zones, after many zones have been set up in the provinces and in Vientiane. The cabinet on September 26 convened an extraordinary meeting and discussed a draft of the Law on ...

Deals would put the majority of seeds, chemicals and GM traits in the hands of three companies, deepening poverty for small-scale farmers. When an Indian farmer plants his cotton crop, there’s at least a 75% chance the seeds have been been bought from a company owned ...

Thailand will invest an initial US$1 million to establish a Science, Technology and Innovation Development Fund for ASEAN. After the first ASEAN Science & Technology Innovation Forum, held in Bangkok last week, Science and Technology Minister Pichet Durongkaveroj said the forum had come up with three plans to ...

Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade ...

The government has allocated almost 5 billion kip for authorities to finance work in the payment of compensation to those who will lose land when the Laos-China railway is built. However, the actual payments will be carried out by the joint venture company that is ...

The state-owned bank entrusted with extending $27 million in emergency loans to millers to purchase rice paddy has marginally lowered the interest rate on these conditional loans in an effort to shorten some of the strings attached. The Rural Development Bank announced late on September 25 that ...

Transparency and environmental groups are calling on the Anti-Corruption Unit to investigate potential smuggling in the sand-dredging industry after a gaping $750 million discrepancy was discovered between Cambodia’s documented sand exports and Singapore’s imports. On the UN Commodity Trade Statistics Database, Cambodia reported exporting $5.5 million ...