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Tag Archive for ‘Laos’

Vietnam, Laos foster agriculture and forestry cooperation

An annual meeting on the Vietnam – Laos cooperation in agriculture and forestry was held in Hanoi, on September 5, under the chair of Vietnam’s Minister of Agriculture and Rural Development (MARD) Nguyen Xuan Cuong and Lao Ministry of Agriculture and Forestry Liane Thykeo. At the event, the two sides evaluated the outcomes of the […]

Vietnam, Laos sign cooperation deal in agriculture, forestry for 2017-18

The agriculture ministers of Vietnam and Laos signed a cooperation agreement on agriculture, forestry, fisheries, and rural development in 2017-2018 at a meeting in Hanoi on September 5. Vietnam’s Minister of Agriculture and Rural Development Nguyen Xuan Cuong and Laos’ Minister for Agriculture and Forestry Liane Thykeo co-chaired the annual event on bilateral agro-forestry-fisheries ties. […]

Low VAT rates in Vietnam benefit the rich more than the poor: World Bank

Despite widespread public opposition to raising VAT rates, a World Bank chief economist argues otherwise. Moving forward with tax reforms is important for Vietnam to ensure sustainable growth and macroeconomic stability.Vietnam’s tax-to-GDP ratio has fallen over recent years, from 23.5% of GDP in 2010 to 19.1% of GDP in 2015. This is mainly because of […]

Viettel to launch Myanmar 4G network

The Military-run telecom group, Viettel is expected to offer the world’s first 4G Only network in Myanmar in the first quarter of 2018, marking its first steps in the country. The joint venture – MyTel was granted a licence at the beginning of the year. However, Viettel has pursued the market since 2002. Viettel planned […]

Forum talks up CLV development triangle

A Dak Lak province business forum late last week discussed measures to further promote investment in the Cambodia-Laos-Vietnam Development Triangle. About 300 delegates and guests from the three countries attended the forum, organized by the Vietnam’s Ministry of Planning and Investment (MPI), in partnership with Vietnam’s Association of Foreign-Invested Enterprises (VAFIE) and the Vietnam-Laos-Cambodia Association for Economic Cooperation Development. Dang Xuan Quang, deputy head of the Foreign Investment Agency, said the Vietnamese government was encouraging Vietnamese companies to invest in the development triangle. Many Vietnamese enterprises have gained encouraging successes in doing business in Cambodia and…

Vietnamese Doing Business In Laos, Cambodia Tougher

Vietnamese investors have found it harder to do business in Laos and Cambodia as the two countries recently changed policies on land, natural resources and minerals management. The Ministry of Planning and Investment last Friday chaired a forum on investment cooperation in the Mekong Sub-region 2012 in Buon Ma Thuot City in Daklak Province under […]

Damming on Mekong River mainstream needs sustainability

Vietnam expects Laos will continue its research on the environmental impacts of Xayaburi hydropower dam on the Mekong River mainstream and perfect the design of the project, said Vietnamese Foreign Ministry’s spokesperson Luong Thanh Nghi. Nghi made the statement at a regular press briefing in Hanoi on Thursday when asked about Vietnam’s viewpoint on the […]

Vietnam, Laos, Cambodia seek investments for Mekong sub region

Delegates attending a forum on investment and cooperation for the Mekong sub region, held in the central highland province of Dak Lak on November 9, all agreed that Vietnam, Laos and Cambodia need to work on common preferential policies to attract lucrative investments for the Development Triangle Area. The Cambodia-Lao-Vietnam Development Triangle Area comprises of 13 provinces, covering a total natural land area of 144,000sq.km and a population of approximately seven million people. Opening the forum, Dao Quang Thu, deputy minister of Planning and Investment, said Vietnam has now 112 investment projects in Cambodia with a total investment of US$…

Increasing investment in Development Triangle Area

(VOV) – Vietnam, Laos and Cambodia need to work on common preferential policies to attract investment in the Development Triangle Area. The view was shared by delegates to a forum on investment and cooperation in the Mekong subregion, held in Dak Lak province on November 9. They said these policies aim to take advantage of […]

Danang Seeks Loans For Second Economic Corridor

Danang City is seeking capital from the Asian Development Bank (ADB) to develop the East-West Economic Corridor 2 project (EWEC 2) to prop up economic growth in the central region, said chairman Van Huu Chien. Chien said the city had just received a dispatch from the Ministry of Planning and Investment responding to the city’s […]