Economy and industry

Combine harvesters fill labour gap in Mandalay

Farmers in Mandalay are increasingly hiring combine harvesters to make up for a labour shortage in the region but there are not yet enough machines to go around. As rural to urban migration gathers pace farmers have faced acute labour shortages. Some farmers have cut the ...

Vietnamese salt farmers suffer losses as stock piles up

Salt farmers in HCM City’s Can Gio District are facing low prices, resulting in a stockpile of salt that cannot be sold. Trieu Do Hong Phuoc, deputy chairman of the Can Gio District People’s Committee, said to support salt farmers the district would petition banks to ...

A fundamental change needed for economic reforms

The change of the country’s economic structure has once again become a hot topic among business people and law makers following the recent general election. At an international seminar to discuss the World Bank’s report held recently by the Vietnam Chamber of Commerce and Industry, the ...

Nod to new govt PR station likely

The broadcasting regulator is likely to look favourably on the government’s request for a digital-TV licence to launch a station to promote its Pracha Rath grass-roots-economy policy. “The broadcasting committee has not yet concluded this matter but we intend to support essential national policies,” Pakdee Manaves, ...

Russia and Myanmar to establish working body for nuclear technology

Russia and Myanmar will establish a working body this year for using nuclear technology, Russian officials said at an exhibition and forum in Moscow last week. The two countries signed a memorandum of understanding to cooperate in nuclear technology for peaceful purposes in June 2015. Russia and ...

Dozens in Myitkyina township protest Myitsone dam meeting

Some 40 residents of Kachin State’s Myitkyina Township staged a protest on on 4 June against a meeting between Chinese Ambassador Hong Liang, Chinese investor China Power Investment and president of the Kachin State Democracy Party Tu Ja over attempts to renegotiate the Chinese-funded Myitsone dam.Keep ...

Mekong dam projects ‘could destroy livelihoods, ecology’

The ecology of the Mekong River could be destroyed within 10 years if dam projects along the river are allowed to continue, Thai and Cambodian non-government organisations have warned. They have also warned that it will be very difficult for people to claim compensation for ...

China takes over Thai fruit and vegetable industry

Chinese traders have gained control of the fresh fruit and vegetable segments of the Thai agriculture industry – negatively affecting the quality of produce shipped into Vietnam. Experts at the Vietnam Fruit and Vegetables Association also say there are legitimate concerns that Chinese domination of these ...

Textilers hitch their wagon to US market

If one asks which local sector has distinguished itself in terms of export quality and quantity to the US market over the past two decades, the textile and garment industry is most likely the obvious answer.According to statistics from the US Office of Textile and ...

Why the Mekong River is Asia’s next big investment locale

Japan recently announced a three-year, $7 billion investment deal to improve the infrastructure of the lower Mekong River region. This deal is a move to offset China’s growing economic influence within the region. Furthermore, because of geopolitical reasons, it will be beneficial to Japanese investors ...

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