Economy and commerce

AMM49 voices concern about recent complicated situation in East Sea

The 49th ASEAN Foreign Ministers’ Meeting took place in Laos’s capital city of Vientiane on July 24 with the participation of 10 Foreign Ministers from ASEAN member countries and the ASEAN Secretary General. The Vietnamese delegation to the meeting was led by Deputy Prime Minister and ...

Vietnam expected to export dairy products to China

Chinese agencies have said they are considering opening the market to Vietnam dairy exports through official channels. Domestic sources reported that in the talks with the Chinese General Administration of Quality Supervision, Inspection and Quarantine, the Vietnamese Minister of Industry and Trade Tran Tuan Anh requested ...

Myitsone and the failure of China’s ‘anti-ethno-politics’ approach

Northern Myanmar’s Myitsone mega-project failed because its Chinese proponents systematically dismissed Kachin and Burmese nationalism. The Chinese hydropower developers’ strategy was what I call “anti-ethno-politics”: when the state, NGOs, businesses, or other actors try to depoliticise sensitive questions about how their own activities clash with ...

SBV urges banks to support Mekong

Banks and credit institutions need to support the socio-economic development of the Mekong Delta provinces, State Bank of Việt Nam Deputy Governor Đào Minh Tú has said. Speaking at a conference in Hậu Giang Province on 19 July to discuss developmental credit activities in the region, ...

Vietnam warned it may yield to Myanmar in exporting rice

Myanmar has jumped into large markets, getting ready to become the No 1 in the world in rice exports, according to Vo Tong Xuan, the leading rice expert. According to Xuan, Myanmar has great advantages in growing rice. Its land area is three times larger than ...

Concerns raised over a new super state agency

Instead of speeding up the equitisation process, Vietnam’s Ministry of Planning and Investment has stirred up controversy with proposal to set up another unit to supervise and manage state capital and assets in state-owned corporations. This super unit will directly manage the capital at 30 state-owned corporations ...

Malaysia, Singapore team up on bullet-train project

Malaysia and Singapore signed an agreement on 18 July to build an ambitious high-speed rail link touted as a first for Southeast Asia that will knit the historically fractious neighbours more closely together. Authorities have yet to provide cost projections, but analyst estimates have been as high ...

ASEAN sugar producers form alliance

Myanmar has formed an alliance with six other sugar-producing countries in the region, with a view to improving cooperation and boosting trade, in preparation for the ASEAN Economic Community, which aims to create a single market for capital, goods, labour and services. Seven countries – ...

Veneers can be exported, despite unfinished wood product ban: Govt spokesman

The government has agreed in principle to allow the export of veneers, despite recently imposing a ban on the export of all unfinished wood products, government spokesman Dr Chaleun Yiapaoher has said. Speaking at a press conference at the Prime Minister’s Office on 15 July, the ...

Romduol, Chansensor now rice brands

The National Standards Council has endorsed the Phka Romduol and Phka Chansensor varieties to be the Kingdom’s own umbrella brands for fragrant and premium rice, rejecting the Cambodian Rice Federation’s “Angkor Malis” brand name. Hean Vanhan, deputy chairman of NSC and deputy general director of the ...

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