Economy and industry

Electricity of Vietnam to ensure power for dry season

Electricity of Viet Nam (EVN) has drawn up a plan to ensure that power supply will meet the anticipated surge in demand during the dry season this year. EVN plans to complete 351 electricity works of 110 kV to 500 kV with a total power line ...

NIN recommends milk, milk product rations

Vietnam’s National Institute of Nutrition (NIN) on 2 March released a recommendation on the use of milk and milk products in Vietnam. “This recommendation aims to improve the community’s awareness of the nutrient value of milk, the current reality of calcium deficiency and ways to better use milk ...

Hai Phong needs to choose investment projects with practical value: President

Vietnam’s Hai Phong needs to have a clear investment mechanism and select projects with practical benefits for both investors and the locality, President Truong Tan Sang said while visiting the northern port city on 1 March. He asked the locality to efficiently utilise investment in infrastructure ...

Passenger train services to resume

Passenger trains are set to roll between Phnom Penh and Cambodia’s coast next month for the first time in 14 years, a railway official said on 1 March. Sam Oeun Tith, commercial manager of Royal Railway, which holds a 30-year concession to operate the country’s railways, said ...

Call for manufacturers to cut water usage

Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is urging businesses to cut water consumption to help reduce the adverse effects from the intensifying drought.  JSCCIB chairman Supant Mongkolsuthree said he expected to see a 20-30% drop in water consumption from now through the end ...

Int'l hydro conference highlights need for sustainability

The Lao government is hosting the sixth International Conference and Exhibition on Water Resources and Hydropower Development in Asia, aiming to promote the balance of the role of hydropower in the world and highlight challenges. The three-day event runs from March 1-3 in Vientiane. It gathers ...

Mission to Seafarers expands with new center in Myanmar

The city of Yangon in Myanmar is home to the Mission to Seafarers’ newest port facility. The Anglican mission agency’s newest mission centre was dedicated on 28 February during a service at Holy Trinity Cathedral in Yangon (formerly known as Rangoon). The new facility is located ...

Sihanoukville beach vendors’ hopes hinge on PM

About 60 business representatives from three Sihanoukville beaches gathered at Cambodian Prime Minister Hun Sen’s beachside home in Sihanoukville on 29 February, in a second attempt to deliver a petition calling on him to intervene on a government directive for them to vacate the beach. The ...

Yangon stock exchange on track for March trading debut

The Yangon Stock Exchange (YSX) is expected to begin shares trading by the second week of March, with dry-run testing already underway, an official from the Securities Exchange Commission of Myanmar (SECM) told The Irrawaddy on 29 February. Though the YSX officially “launched” late last year ...

Interest rate race has Vietnamese businesses on edge

In anticipation of the central bank’s possible move to further limit the use of short-term deposits for loans, banks in Vietnam have rushed to attract savings with higher interest rates, starting a competitive race that might soon hurt many borrowers.    Latest figures from the central bank’s ...

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