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Mekong summit sees $66B worth of projects agreed to

Six countries pledged to enact $66 billion worth of projects over the next five years at the Greater Mekong Subregion (GMS) Summit in Hanoi on Saturday, with Cambodia-specific projects scheduled to receive the least amount of funding of any participant. Representatives from the six GMS countries – Cambodia, Laos, Thailand, Vietnam, China and Myanmar – […]

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Cambodia, Laos, VN vow to further deepen comprehensive cooperation

Hanoi (VNA) – The Prime Ministers of Cambodia, Laos and Vietnam (CLV) have reaffirmed their commitment to further deepening comprehensive cooperation among the three countries and building integrated, sustainable and prosperous CLV economies, an indispensable part of the ASEAN Community Vision 2025. The three PMs signed a Joint Declaration on the CLV Development Triangle Area cooperation […]

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Laos sees current economic base as unsustainable

By VIENTIANE TIMES  ASIA NEWS NETWORK  VIENTIANE THE GOVERNMENT has acknowledged the need to restructure its economic growth base as part of efforts to ensure the sustainability of national development. Speaking at a news conference after the monthly government meeting in Huaphan province last week, government spokesman Dr Chaleun Yiapaoher said one of the main […]

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Laos: PM Reaffirms No Log Exports Can Be Allowed

(KPL) Prime Minister Thongloun Sisoulith ordered cabinet members, Vientiane Mayor, provincial governors and relevant sectors to continue implementing in a stringent manner Prime Minister’s Order No 15, attaching attention to sustainable protection of forest resources, not allowing log exports, monitoring and punishing violators of the order. At the first meeting between the government and provincial […]

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Lancang-Mekong Cooperation yields tangible benefits

Member countries of the Lancang-Mekong Cooperation (LMC) have gained tangible benefits with prospects for greater fruitful cooperation in the years to come, diplomats say.  The encouraging remarks were made as the LMC member countries – Cambodia, China, Laos, Myanmar, Thailand, and Vietnam – celebrated the second anniversary of the LMC last week. In his address […]

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Thai investors buoyed by CLMV investment climate

Following the strong economic growth in Asean, especially in CLMV countries (Cambodia, Laos, Vietnam, and Myanmar), Thai investors have expanded their regional investment by focusing on alternative energy, food and agriculture processing, tourism, and service business. According to a report by the Bank of Thailand, as of September 30, 2017 Thai investors showed outstanding direct […]

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