Economy and industry
Sahapat boosts logistics facilities
Consumer – goods distributor Sahapat will invest around Bt650 million to set up a new central warehouse and data centre as it targets revenue of Bt33 billion this year. The company says it will also come out with new products. Boonchai Chokwatana, chairman of Saha ...
New crisis seen as unlikely, economists say, but caution urged
Economists have urged caution while watching for a continuing recovery, recalling the adage about the frog that died by failing to notice that the pot of water it was sitting in was slowly coming to a boil. “It is almost a consensus among economists that the ...
Vietnam's Vung Ang port vital for shipment of Lao goods
Vietnam has announced it will continue to create favourable conditions for the transit of Lao goods via Vung Ang Port in central Vietnam’s Ha Tinh province. This was relayed by Vietnamese Deputy Minister of Transport Le Dinh Tho to Laos’ Minister of Planning and Investment ...
Tunnel boring for Laos-China railway expected in coming weeks
The boring of tunnels for the Laos-China railway is expected to begin in the next few weeks following a groundbreaking ceremony to kick off construction of the project in December last year. The tunnel entrances have been earmarked and concreted in preparation for boring, the ...
Exports of breast milk halted
The government on March 20 temporarily banned the export of breast milk from Cambodian women to the US market, citing fears that children’s nutrition may be neglected. The decision to halt exports from Ambrosia Labs – the only company currently collecting Cambodian breast milk to ...
Warning on Vietnamese pork
The public has been warned not to eat pork from Vietnam after an outbreak of a serious disease in pig farms across the border. The Agriculture Ministry’s department of animal health and production is enforcing additional precautionary measures to ensure contaminated pork from Vietnam does ...
Dam blamed as dolphins vanish
The last remaining Irrawaddy dolphins have stopped coming to a stretch of the Mekong river in Preah Rumkel commune due to the Don Sahong hydropower dam in nearby Laos, locals have warned. The activists from Stung Treng province say the dam, which is less than ...
Vietnam lacks green works despite legal framework
Despite many regulations favoring energy-saving construction, Vietnam still has few green buildings. The rapid development of the middle-class, which uses air-conditioners regularly, is a major reason behind the increasingly high electricity consumption in large cities of Vietnam, according to EuroCham. Tomaso Andreatta, chair of EuroCham’s Green ...
Myanmar braces for 30% drop in foreign investment
Foreign investment in Myanmar appears poised to plunge roughly 30% for the year ending March 31 amid the absence of new oil and gas projects, highlighting the need for the government to lure other industries with deregulation and firm economic policy plans. Myanmar received about $6 billion ...
VN, Netherlands to up agriculture ties
With its knowledge and experience in agriculture, the Netherlands is eager to join hands with Việt Nam to improve the quality and efficiency of its agriculture, a business forum on Agriculture-Innovation in Việt Nam heard in HCM City on Monday. Dutch Vice Minister for Agriculture ...
