News
Electricity of Vietnam to sell all shares in ABBank: report
State-owned Electricity of Vietnam has announced that it will sell all of its 16.2 percent stake in An Binh Commercial Joint Stock Bank next month, news website VnEconomy reported on 22 September. Nearly 81.6 million shares will be put up for auction on 14 October, with ...
7 more bears saved from Vietnamese farms
Animal rights activists on 22 September rescued seven bears from farms in northern Vietnam in their efforts to save the animal from the local bear bile extraction industry. Members of a Hong Kong-based animal welfare group brought the bears to Vietnam’s biggest bear sanctuary at Tam Dao National ...
Heavy rains likely to lower yields in Vietnam's Mekong Delta
The paddy yields in the Mekong River Delta area of Vietnam are likely to decline by about 10-20% due to heavy rains that hit the region last week, according to local sources. Keep reading ...
Vientiane to install more CCTV cameras
Vientiane Traffic Police Department confirmed on 22 September that more Closed-Circuit Television (CCTV) cameras are set to be installed throughout the city, aiming to help officers investigate crimes in the capital. The department’s Deputy Director Lieutenant Colonel Bounmark Soundalay told Vientiane Times there are now over 200 ...
Permanant border crossing planned from Phayao to Laos
Ban Huak temporary border checkpoint in Phayao province’s Phu Sang border district will be upgraded to permanent status next year to boost trade and investment with Khop district in Sayaboury province of Laos. Waradisorn Onnut, chief of Phu Sang district, said on 23 September that preparations ...
Wage talk warning from government
Ministry of Labour spokesman Heng Sour on 22 September threatened legal action against those confusing the concepts of “minimum” and “living” wages, as he outlined the method and schedule for upcoming minimum wage talks for the garment sector. In an apparent swipe at recent research showing garment ...
Report finds economic land concessions affected 17K families
Community representatives, civil society organisations and opposition members have urged the government for more urgent action to resolve land disputes following the release of annual data showing that all 24 provinces were affected in 2014, with hundreds of cases still unresolved. The call came at the launch ...
Express road to airport in works
The Ministry of Public Works and Transport on 22 September announced the start of feasibility studies aimed at building an express elevated toll road that would extend from Phnom Penh’s city centre to the airport by 2021. Public Works Minister Tram Iv Tek said that China’s Henan ...
Vietnam to lose $77 million of tax revenue each year due to free trade pacts
The government has estimated that it will lose around US$77 million of tax revenue annually between 2016 and 2025, when new free trade agreements take effect and eliminate a majority of import duties. Keep reading ...
Lao officials fail to enforce government ban on timber exports
A recent ban on the export of raw logs imposed by the Lao government to increase the value of processed wood products is not being enforced in the country’s southern provinces because some national leaders are involved in timber smuggling, a civil society official with ...
