News

4 megatrends affect Vietnam: WB official

At a national conference on Thursday in Vietnam’s Hanoi capital, Ousmane Dione, country director for the World Bank (WB) in Vietnam discussed four megatrends affecting Vietnam’s sustainable and competitive development. []Meanwhile, climate change poses a significant risk to Vietnam, he said, noting that rising sea-levels expose ...

Mekong delta provinces want more funds to tackle erosion

Ca Mau and Kien Giang Provinces seek greater government assistance for building embankments and planting protective mangrove forests. Keep reading ...

Can Southeast Asia weather a trade war?

In the face of growing economic protectionism, undergirded by a trade tiff between the United States (US) and China, Southeast Asian economies are bracing for the impact from a possible economic fallout. Over the past few months, US President Donald Trump has not minced his ...

ADB loan to boost highways

Thailand has gained a US$99.4 million loan from the Asian Development Bank (ADB) to help upgrade some of the country’s highways and improve road safety in the Northeast. []“Transport infrastructure is an important driver of growth for Thailand’s economy,” said Subramaniam. “Improving the country’s road network ...

MTCO heading for legal status

As 475 delegates gathered, last week, at the Mekong Tourism Forum its leaders – members of the Greater Mekong Sub-region group – were pondering over the ticklish issue of the office’s legal status. Keep reading ...

Coal-fired thermal power plants threaten Mekong Delta environment

Under the national power development plan in 2011-2020 (seventh plan) approved by the Prime Minister in 2016, a series of coal-fired power plants will be built in the Mekong Delta. Keep reading ...

Investors Dissatisfied With Government’s Lack of Direction on Economy

Impatient with the sluggishness of the economy, local investors are losing confidence in the pace of economic reform and blame it on a lack of direction by the National League for Democracy (NLD)-led government after two-and-a-half years of its administration. Keep reading ...

Myanmar will ask China to downsize project, minister says

Myanmar will seek to reduce the scale of a China-led special economic zone project in its western state of Rakhine, Planning and Finance Minister Soe Win said in an exclusive interview.  Keep reading ...

At Thailand-Laos Border, A Shadow Economy Thrives

A silhouette of the casino’s golden domes and gaudy crown appears in the distance, standing out like a sore thumb against the landscape of lush tropical hills in this northwestern corner of Laos. The Ton Pheung district is part of a special economic zone (SEZ) ...

How Lancang-Mekong Cooperation is changing the region

For Seng Voleak, a 23-year-old bank employee in Phnom Penh, Cambodia, her commute home has become easier thanks to buses donated by China. []Meanwhile, a raft of projects within the LMC framework are well under way, such as the Kunming-Bangkok Road, China-Laos Railway, China-Thailand Railway, Long ...

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