Unilever deals sign up

Vientiane (VNA) – The completion and early signing of the Regional Comprehensive Economic Partnership (RCEP) is very important to the process of economic recovery in the region, said a member of the Lao negotiation team to the RCEP talks. RCEP is a free trade agreement in the Indo-Pacific region between the 10 member states of the ASEAN and its five FTA partners (Australia, China, Japan, New Zealand, and the Republic of Korea). India initially participated in the talks, but it withdrew in November 2019. The 15 negotiating parties account for 30 percent of the world's population and just under 30 percent of the world's GDP. … [Read more...] about Signing of RCEP to help post-pandemic regional economic recovery: Lao official

To prevent and tackle the fraud and ensure social security and order, the PM requested ministries, agencies and People's Committees of provinces and cities to intensify dissemination and inform people of the typical characteristics of fraud to raise their awareness. … [Read more...] about Prime Minister calls for enhancing efforts to root out fraud

According to a tenant survey from Savills, 57 per cent of participants hope landlords will revise the contracts and reduce 40-50 per cent of the rent, however, at the same time, the firm’s survey with landlords showed there was a reluctance to reduce rent too much, with many saying the maximum they could give is 30 per cent. … [Read more...] about COVID-19 could shake up realty rent market in Vietnam

Trade experts said the country was switching to exporting more fragrant and high-quality rice at a higher price and added value. Furthermore, local rice farmers and traders had paid much attention to improving the quality of rice, origin traceability as well as adopted measures to meet the requirements of demanding markets like the EU, South Korea and the US. — VNS … [Read more...] about Total of 205 traders allowed to export rice

Bangkok (VNA) – State-run Electricity Generating Authority of Thailand (Egat) expects to operate a 45-megawatt floating solar farm it claims to be the largest in the world this June. Egat signed a contract with B.Grimm Power Plc, which will serve as an engineering, procurement and construction firm to develop photovoltaic panels worth 842 million baht (28 million USD) on Sirindhorn Dam in Ubon Ratchathani, where an Egat hydropower plant is operating. The floating solar farm is designed to be a hybrid system, working in tandem with 36MW of hydropower generation to increase optimisation capacity. The facility, which generates power on a water surface of 72 hectares, was originally scheduled for operation in December last year, but the launch was postponed due to the COVID-19 pandemic. Local media quoted Chatchai Mawong, Egat's director for hydro and renewable energy power plant development, as saying that construction is now 82 percent complete. Workers began installing the … [Read more...] about Thailand to put world’s largest floating solar farm into use this June