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Cambodia Surprisingly Withdraws from Agreement

Cambodia Surprisingly Withdraws from Agreement

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...
China-Laos Railway’s Freight Value Up 56%

China-Laos Railway’s Freight Value Up 56%

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%...
Laos and Vietnam Launch Cross-Border Micropayments

Laos and Vietnam Launch Cross-Border Micropayments

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...
Laos and Vietjet Increase Collaboration

Laos and Vietjet Increase Collaboration

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...
ASEAN Express Concludes Its Maiden Voyage

ASEAN Express Concludes Its Maiden Voyage

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...
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