Economy and commerce
Trade
Cassava leaves farmers struggling
Cassava prices rose this month compared with a few months ago due to limited supply, but the market for cassava is uncertain. Sorn Yin, the president of Malai Trading that collects cassava in Banteay Meanchey province and sells to Thailand, said that despite the price rising ...
Lao trucks unable to enter China at Boten border crossing
Lao trucks delivering goods to China have to transfer their freight to Chinese trucks at the Boten international checkpoint in Luang Namtha province, officials have said, citing the smaller size of Lao trucks. Another official in Luang Prabang province also said that Lao trucks could ...
LMC can be used as example for China to handle trans-boundary river disputes
With persistent concerns expressed by India about China’s exploitation of the Yarlung Zangbo River, upstream from the Brahmaputra River in India, officials and scholars should study the possibility of borrowing on the experience of the Lancang-Mekong cooperation mechanism to resolve disputes along trans-boundary rivers. The ...
VN to increase liquid gas imports by 2025
Sharply decreasing Liquid Natural Gas (LNG) output and increasing prices of new gas resources are forcing Việt Nam to look to increase LNG imports. The country is expected to import five million tonnes of LNG by 2025. The figure is expected to increase to 11 ...
Residents await Laos-China railway compensation payments
Preliminary counts have been completed in the provinces through which the Laos-China railway will pass, to pave the way for compensation to be paid to the affected villagers and residents who will be relocated. However affected residents in the provinces through which the railway will ...
Laos-Thailand railway link set for expansion next year
Phase II of the Laos-Thailand railway, which will see the line extended from the suburbs to central Vientiane, is set to resume after the project was suspended in 2011. The line will be built over a distance of 7.5km to link the track from the ...
Lifting US jade sanctions ‘a mistake’: Myanmar minister
The minister in charge of mining in Myanmar’s conflict-ridden state of Kachin says it was a mistake for the United States to lift sanctions on the country’s notorious jade industry. Kachin lies at the heart of the “jade tract”, a small area that has deposits ...
Rubber industry expects export recovery this year
Rubber exports are expected to reach 1.2-1.25 million tonnes of this year, a year-on-year increase of 5.5-10 per cent, according to the Việt Nam Rubber Association. Speaking at a press conference to introduce the fifth International Exhibition on Rubber Industry and Tyre Manufacturing in HCM ...
New cranes to raise Sihanoukville port’s capacity
State-owned Sihanoukville Autonomous Port received its first shipment of four new rubber-tyred gantry cranes from Japan this week under a $22 million investment plan that aims to expand the seaport’s container throughput capacity by 80 percent, a port official said on December 20. “We received ...
Vietnam, Cambodia want to consolidate ties: PMs
Top government leaders of Vietnam and Cambodia have expressed wishes to cement and develop bilateral ties in the spirit of “good neighbourliness, traditional friendship, all-faceted and long-lasting cooperation”. During talks with Prime Minister Nguyen Xuan Phuc in Hanoi on December 20, Cambodian Prime Minister Samdech ...
