Economy and commerce
RCEP creates new impetus for regional economic development
Since it entered into force in early 2022, the Regional Comprehensive Economic Partnership (RCEP) has helped strongly promote integration of value and supply chains, strengthen confidence in regional economic recovery and create new impetus for trade and investment growth in the region and the world, ...
Lost in Laos: Systemic problems are far greater than one new leader can solve
On 30 December, Lao Prime Minster Phankham Viphavanh (72) resigned ostensibly on health grounds, but amidst an economy in sharp decline and saddled in foreign debt. He is succeeded by the scion of one of the country’s two political dynasties, Deputy Prime Minister Sonexay Siphandone (56). Politics in ...
A commentary by Zachary Abuza
Traders defy the law to import more teak into the USA from Myanmar than before the coup
Despite sanctions put in place against the brutal military junta in Myanmar, US traders continue to source precious teak from the country for luxury yachts and flooring. The allegations are made in the new EIA report Acts of Defiance – How US traders are ignoring sanctions to import ...
China, Vietnam, Laos are hotspots for the criminal wildlife trade: does Asia really care about biodiversity?
Pangolin scales at US$160 a kilogram, monkeys and wild cats for sale – the online trade in protected and rare species is thriving in Laos, a key Southeast Asian gateway to the insatiable Chinese and Vietnamese markets for animal products. As world leaders gather in Egypt ...
Aidan Jones
Price fluctuations in goods in Mekong Delta
Specifically, the farm-gate price of hogs bred for slaughtering in many localities in the Mekong Delta has decreased by about VND2,000-VND3,000 per kg, to the lowest level in many months. In Can Tho City and many provinces such as Soc Trang, Vinh Long, An Giang, ...
Anh Duong - Translated by Anh Quan
Vietnam digital economy growth expected to be highest in Southeast Asia
Vietnam will achieve the highest growth in the digital economy in Southeast Asia between 2022 and 2025, a report by Google, Temasek and Bain & Company has forecast. It will grow at 31% followed by the Philippines with 20% and Indonesia with 19%, according to e-Conomy ...
Dat Nguyen
Việt Nam – Laos friendship, solidarity, cooperation to further thrive: President
Talking to the press on the occasion of the 60th anniversary of the nations’ diplomatic relations (September 5, 1962 – 2022), he said with their time-tested relationship, Việt Nam and Laos have many advantages and great potential to increase the scale of cooperation. It requires both ...
VNS
Thailand grapples with allowing more Chinese landowners
Thailand has been a popular expatriate destination for investment and retirement for decades, but foreign land ownership has long been restricted. Foreigners can own no more than 49% of any condominium development and are restricted from owning most freehold estates. Yet Thailand is keen to attract ...
PREM SINGH GILL
Cambodia's fishery exports dive amid dearth of processing experts
A senior official noted that the country lags behind in technical expertise when it comes to turning raw fish and other aquatic species into higher-value items. In the first seven months of 2022, total freshwater and marine fishery production amounted to 24,500 tonnes and 6,860 tonnes, ...
The Phnom Penh Post
Developing river economy in Mekong Delta should be focused: Experts
According to experts, the Mekong Delta has a dense network of rivers, creeks, and canals, with a length of about 26,550 km of natural rivers; thereby, it is convenient for the development of waterway traffic and river economy. On August 1, the Academy of Politics Region IV in ...
