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Laos-Vietnam Railway Project to Link Vientiane with Thakhek

The Government of Laos has greenlit a feasibility study for a railway project that would link Vientiane Capital with Thakhek, in Khammouane Province. Lao Economic Daily reports that a signing ceremony for a Memorandum of Understanding (MOU) was held yesterday between the Government of Laos and Petroleum Trading Lao Public Company (PetroTrade) at the Ministry of Planning […]

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Vietnam businesses hit by ‘price storm’

Many business fields have been witnessing a rapid recovery after the Covid-19 outbreak. However, difficulties are ahead as they lack capital and petrol prices are escalating. Workers at Quang Map Restaurant in District 1 in HCM City are busy these days as the restaurant is always crowded. Several months ago, the restaurant owner thought that […]

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Vietnam: Fresh policies come into effect in July

A series of new policies will take effect from next month including regional minimum wage increase, issuance of passports with electronic chips, tuition fees for lecturers sent abroad for doctoral training and compusolry e-invoince enforcement. Regional minimum wage increase Decree No. 38/2022/ND-CP, dated June 12, 2022 on regional minimum wage increase will come into effect […]

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Vietnam’s CPI up 2.44% in six months

Vietnam’s consumer price index (CPI) in the January – June period rose by 2.44% year-on-year while its core inflation edged up 1.25%, the General Statistics Office (GSO) reported at a press conference on June 29. The CPI was up 2.96% in the second quarter, and 3.37% in June alone, compared to the same periods last […]

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