Economy and commerce

The Agriculture Ministry has confirmed action to combat a drastic drop in pork prices over the past year due to illegal imports of live pigs from neighbouring countries. The price of pork averaged about $2 per kg last year. That has now dropped to $1.25 ...

Rice millers have taken up less than a quarter of a $27 million emergency loan fund to stabilise prices of the grain, blaming late disbursement for the poor take up. Following a price crash last year, the government told the Rural Development Bank to disburse the ...

Prime Minister Nguyễn Xuân Phúc met in Vientiane on April 27 with Vietnamese investors to hear about their difficulties in a bid to help create favourable conditions for Vietnamese investments in Laos. Phúc praised the efforts and results achieved by Vietnamese firms doing businesses in Laos, ...

The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday. Hans Kerstens, international business development manager at Deep C Industrial Zones, said ...

Chairwoman of the National Assembly Nguyễn Thị Kim Ngân met with voters in Cái Răng District of the southern city of Cần Thơ on April 27 to listen to their opinions ahead of the third plenary session of the 14th legislature. Voters from Hùng Thanh Ward ...

Deputy Prime Minister Somkid Jatusripitak has targeted that Thai rice will secure 70 per cent of the Hong Kong market this year. Commerce Minister Apiradi Tantraporn said on Thursday that during Somkid’s four-day visit to Hong Kong that began on Wednesday, he and the Thai ...

The Ministry of Industry and Commerce has announced it will temporarily suspend the registration and licensing of currently unregistered gas stations and oil warehouses. New investment proposals on the businesses are also suspended. The move came as the Ministry is taking action to regulate the ...

The first official visit to Laos by Vietnam’s Prime Minister Nguyen Xuan Phuc has proved fruitful as the two governments have inked deals worth millions of dollars. The two-day official visit from April 26-27 was Mr Phuc’s first as Vietnam’s Prime Minister and coincided with ...

The prices of food staples in Laos are still around 10-20 percent higher compared to neighbouring countries especially Thailand and Vietnam, the National Assembly was informed. The price of Grade A pork in Laos is 35,000 kip a kg, in Thailand 30,000 kip and 27,720 kip ...

Phnom Penh City Hall on April 27 washed its hands of the decade long contentious Boeung Kak lake issue, saying it was closing its conflict resolution process, leaving seven families who had refused to accept the government’s offers in the lurch. Following the signing of a ...