by Teuvo Tuomi | Sep 23, 2024 | News, ASEAN, Cambodia
In a surprising move, the Cambodian government says it will withdraw from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) agreement. Cambodia’s leaders Prime Minister Hun Manet and former Prime Minister Hun Sen explain that the move is aimed to disarm...
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...
