A singing performance at a television show that spotlighted Vietnam-Laos relations in Hanoi on August 29 (Photo: VNA) Vientiane (VNA) – The Lao newspaper Vientiane Mai on October 6 ran an article highlighting the Vietnam-Laos partnership , affirming that the great friendship , special solidarity between the two countries should be preserved and further promoted for the common interest in the future. It underlined the significance of the special friendship and comprehensive cooperation between the two countries. Over the past 60 years, Laos and Vietnam has always stood by each other to fight their common enemies and overcome all challenges, it said. The article quoted Somsavath Lengsavath, a former Politburo member of the Lao People’s Revolutionary Party and former Deputy Prime Minister, as saying at a talk held by the Laos’ Ministry of Planning and Investment that the Laos-Vietnam Friendship and Solidarity Year in 2022 and the celebration of the 60th anniversary of … [Read more...] about Newspaper highlights significance of Vietnam-Laos ties
Express news
Exports of forestry waste products likely to rake in billions of USD
Wood pellets (Source: baodautu.vn) Hanoi (VNA) - Wood pellets, made from compressed sawdust and forestry wastes, have become a key currency earner of the wood industry, having the great potential to rank in the group of export staples with turnover of over 1 billion USD. Vietnam’s wood pellet export value was just about 145 million USD in 2017 and surged to 413 million USD in 2021. Close to 2.4 million tonnes of the product were shipped overseas in the first half of 2022 for approximately 354 million USD. If the growth is maintained at the current rate, the export turnover may hit around 700 million USD for the entire year. In particular, the product’s export price increased sharply between January and June to an average of nearly 150 USD per tonne, more than 27% higher than the average price in 2021. The use of by-products to make the pellets helps wood factories raise incomes, offsetting the high price of imported raw materials. Currently, Vietnam houses about 300 … [Read more...] about Exports of forestry waste products likely to rake in billions of USD
Indonesia, RoK strengthen economic links
Coordinating Minister for Economic Affairs Airlangga Hartarto (centere). (Photo: ANTARA/VNA) Jakarta (VNA) - The economic cooperation between Indonesia and the Republic of Korea (RoK) continues to be intensified, such as through the ratification of the countries’ comprehensive economic partnership agreement (IKCEPA), an Indonesian official has said. The IKCEPA could be enforced in January 2023, Coordinating Minister for Economic Affairs Airlangga Hartarto said in an official statement on October 5 congratulating the people and Government of the Republic of Korea on their country’s National Foundation Day (October 3). He noted that in addition to the IKCEPA, Indonesia and the RoK have ratified the Regional Comprehensive Economic Partnership (RCEP) Agreement that will strengthen bilateral relations, especially in economy, trade, and investment. The official expressed his belief that relations and cooperation between the two countries can become stronger in line with the … [Read more...] about Indonesia, RoK strengthen economic links
