by Teuvo Tuomi | Sep 30, 2024 | China, Laos, News, Thailand, Transportation, Travel
According to Thailand’s Transport Minister Suriya Jungrungreangkit, the first phase of the Thai-Chinese high-speed rail would be completed in 2028. The first phase of the Thai-Chinese high-speed rail from Bangkok to Nakhon Ratchasima is 35% complete. Suriya expects...
by Teuvo Tuomi | Sep 22, 2024 | China, Laos, News, Trade, Transportation
The China-Laos Railway has handled over 10 million tons of goods worth almost 41 billion yuan (US$5.76 billion) since its opening in December 2021, the Xinhua News Agency reports. In the first eight months of 2024, the line’s total freight volume was up 22.8%...
by Teuvo Tuomi | Sep 3, 2024 | Laos, Business, Innovation, News, Trade, Vietnam
Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the cross-border micropayment system will allow Vietnamese consumers to pay in Laos using QR codes. The Vietnam-Laos...
by Teuvo Tuomi | Jul 18, 2024 | ASEAN, Laos, News, Southeast Asia, Tourism, Travel, Vietnam
Laotian Ministry of Public Works and Transportation and VietJet Airline will enhance air transportation between Laos and Vietnam. The collaboration is expected to create up to 2,500 new jobs in the aviation sector. VietJet is set to collaborate with the Department of...
by Teuvo Tuomi | Jul 15, 2024 | ASEAN, China, Infrastructure, Laos, Malaysia, News, Thailand, Trade, Transportation
The Asean Express, the cargo train connecting Malaysia, Thailand, Laos, and China, has returned to Malaysia after a 14-day trip to Chongqing, China. “This is the first inbound trip; we hope that there will be more trips between the countries,” KTMB chief operating...
by Teuvo Tuomi | Jul 14, 2024 | Business, Investment, Laos, News, Technology, Vietnam
Laos and Vietnam have signed seven pacts on various areas of cooperation, serving to deepen the collaboration between the two nations. The cooperation pacts include a Memorandum of Understanding (MOU) on the establishment of a citizen and ID (identification card)...