Investment

The Environment Protection Fund and the World Bank recently provided funding for the second phase of four environmental and social protection sub-projects in Laos at a cost of more than US$4 million. The first sub-project named Capacity Building for Pollution Control, Waste and Hazardous Chemicals Management ...

Only the IDP Rice Mill in Savannakhet province is able to produce rice of sufficient quality to meet the standard required by Chinese buyers. There are many rice mills around the country but they are inefficient and the finished product is of low quality. Based on ...

Việt Nam and South Korea began the 15th session of the Joint Economic Committee on September 22, with talks focusing on ways to boost cooperation and address pending issues. Deputy minister of Planning and Investment Nguyễn Thế Phương said the two countries had made significant achievements ...

Laos, Thailand and Malaysia concluded a deal on September 21 which will see Malaysia buy 100 MW of electricity from Laos via Thailand’s power grid. Top energy officials of the three countries signed the Memorandum of Understanding on the sidelines of the 34th ASEAN Ministers on Energy ...

The Chinese developer behind a massive $3.8 billion tourism project being built in Koh Kong province has confirmed that it is ready to begin construction on a new international airport to serve the coastal resort and company’s related developments, though declined to reveal the investment ...

Vietnamese investors shied away from the Cambodian market during the first half of the year as the Council for the Development of Cambodia failed to register a single qualified investment project from Vietnam during that period for the first time in its 22-year history, a ...

As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister Hun Sen on September 22 lauded the government officials and “generous businesspeople” who heeded calls for emergency funds. Falling from about $250 per ton in mid-August to ...

The Association of Southeast Asian Nations or ASEAN is a political and economic organization of ten Southeast Asian countries. Formed in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand, membership has since expanded to include Brunei, Cambodia, Laos, Myanmar and Vietnam. Covering more than ...

The Department of Waterways under the Ministry of Public Works and Transport is concentrating on the implementation of the South East Asia Disaster Risk Management Project in Laos. The project development objective of the proposed South East Asia Disaster Risk Management Project shall be funded by ...

USAID kicked off a seven-year program to guarantee over US$10 million in microfinance loans to the agricultural sector on September 20, as part of a new US effort to offer greater economic support to the country. The US development agency has signed a multi-bank loan portfolio ...