Economy and commerce
Investment
ASEAN figure out improvements to statistical systems
The Sixth Session of the ASEAN Community Statistical System Committee on November 1 opened in Vientiane to discuss ways to improve the statistical systems used by the committee. The meeting was attended by Minister of Planning and Investment Dr Souphanh Keomixay, Head of the Lao Statistics Bureau ...
Emerald hopes to draw first gold by end of 2018
Australian mining firm Emerald Resources expects to complete a definitive feasibility study for its Okvau gold project in Mondulkiri province by early next year, with gold production to commence by the end of 2018, according to an investor presentation released on November 2.Keep reading ...
China works with Asean countries for return of corrupt officials
China and ASEAN countries will set up a regional anti-corruption legal framework to facilitate the return of corrupt Chinese officials who are still at large in ASEAN countries and confiscate their ill-gotten assets, a senior anti-graft official said. China is in advanced negotiations with some ASEAN ...
Bancassurance has room to grow
The bancassurance model, while still relatively undeveloped in Cambodia, has huge potential to drive the growth of the insurance sector, financial industry specialists said during a conference in Phnom Penh on November 2. Robert Elliott, CEO of Manulife, said during a panel discussion that rising ...
‘Forward Cabinet’ meets to resolve problems in southern border provinces
The 13-member “Forward Cabinet” will meet with the heads of state agencies and private sector representatives to gather inputs for the “Triangle of Stability, Prosperity, and Sustainability” development project on November 2. The project is aimed at elevating three districts in the southern border provinces into ...
Public debt near red line: NA deputies
The second session of the National Assembly on November 1 continued with debates on a five year financial plan, targets and orientation for the mobilisation and use of public investment loans as well as public debt management during 2016-2020. Finance Minister Đinh Tiến Dũng presented a ...
Goa summit could be the turning point for BIMSTEC
The recently concluded eighth BRICS summit in Goa, India on October 15-16 saw a range of unprecedented outcomes and engagements. One of the biggest highlights among them was the BRICS-BIMSTEC Outreach Summit, where the BRICS leaders met the heads of government of the BIMSTEC countries. ...
Can Vietnam take full advantage of preferences in VN-EAEU FTA?
With the free trade agreement between Vietnam and EAEU (Eurasian Economic Union) having taken effect, many Vietnamese export items now enjoy a zero percent tariff. However, it will be not an easy task to boost exports. According to Trinh Thi Thu Hien from the Ministry of ...
PM reveals measures to bolster economic growth
Prime Minister Thongloun Sisoulith told the National Assembly that the government will employ a number of measures to spur economic growth amid the current economic and financial constraints. The prime minister on October 31 responded to questions raised by Assembly members about stimulus measures and policies the ...
Three Mandalay projects delayed pending review
Three Mandalay Region development projects approved under the previous government are being reconsidered under the National League for Democracy administration. The projects are temporarily stalled while experts study potential negative impacts on the local environment and the public, officials have noted. Organising committees have been formed ...
