The Southeast Asian country's transport ministry will next month submit a proposal to build the 1,545 km (960 miles) railway to the Politburo, the powerful decision-making body of the ruling Communist Party of Vietnam, the government said in a news release. Vietnam, a regional manufacturing hub, is ramping up its investment in transport infrastructure to support its fast-growing economy. The first two sections with combined length of 665 km (413 miles) and total investment of $24.72 billion would be open to traffic by 2032, the government said, adding that the entire project would be completed by 2045-2050. … [Read more...] about Vietnam considers $58.7 billion high-speed railway
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Cambodia arrests over 9,100 drug suspects in seven months
Phnom Penh (VNA) – Cambodia has seen a significant rise in both drug arrests and seizures during the first seven months of 2022, the Anti-Drug Police Department (ADP) reported on August 13. Cambodia n authorities apprehended 9,151 drug related suspects during the January-July period this year, up 16% from 7,876 in the same period last year, it said, adding that about 3.27 tonnes of illicit drugs had been seized, up almost 240% from 963 kg. The seized drugs included heroin, ecstasy, cocaine, crystal methamphetamine, methamphetamine pills, cathinone and ketamine, among others. Additionally, about 201 tonnes of drug ingredients, 17 pistols, 31 rifles and many vehicles and devices had been confiscated from the suspects. Cambodian Prime Minister Samdech Techo Hun Sen has called for concerted efforts to combat illegal drugs, saying that fighting against illicit drugs is a priority. The Southeast Asian nation has no death sentence for drug traffickers. Under its law, anyone … [Read more...] about Cambodia arrests over 9,100 drug suspects in seven months
Vietnamese firm reaches first partnership deal to develop eSports in Cambodia
The signing of this cooperation agreement is the first and largest cooperation ever in Cambodia in terms of business but also promotes the development of eSports in Cambodia and gradually professionalizing the eSports industry in Cambodia. ESport, which has become popular globally, has been a sports at the Southeast Asian Games recently. However, it is still new in Cambodia. Professional tournaments have gradually appeared and created a certain resonance, with a large number of existing players, accounting for more than 80 percent of GenZ. International Olympic Committee 2017 also acknowledged the presence of eSports and concluded that video games can be considered as sports activities when players are trained and prepared with as much intensity as traditional athletes. Meanwhile, Metfone has millions of players. Mobile Legends: Bang Bang, which accounts for a 90% market share in Cambodia, with hundreds of thousands of daily players on the Metfone network. Metfone is also … [Read more...] about Vietnamese firm reaches first partnership deal to develop eSports in Cambodia
Indonesia plans to tighten rules to curb underage smoking
Under a planned new regulation, the Health Ministry of Indonesia is looking to control the promotion and packaging of e-cigarettes, which have remained unregulated since their legalisation in 2018. The ministry is also seeking to increase the size of graphic health warnings on tobacco packaging from 40% to 90%, ban the advertising, sponsorship and promotion of tobacco products, and prohibit the sale of single cigarettes. The number of underage smokers continues to increase each year, especially since the legalisation of e-cigarettes, Imran Agus Nurali, the ministry’s director of health promotion and community empowerment, told a webinar on August 11. He stressed the need for stronger measures to reduce tobacco consumption to protect future generations from the impact of smoking. Banning the advertising, sponsorship and promotion of tobacco products is also crucial as according to the 2019 Global Youth Tobacco Survey, around 65% of Indonesia’s children are exposed to tobacco ads … [Read more...] about Indonesia plans to tighten rules to curb underage smoking
NextTech and Ngan Luong fund BOXME to expand its operations
NextTech Chairman and BOXME Director General shake hands at the signing ceremony. — Photo courtesy of NextTech NextTech Group and Ngan Luong Intermediate Payment Gateway JSC have invested over VND150 billion (US$6.4 million) in BOXME to expand its operations in Viet Nam. NextTech is a multi-platform ecosystem operating in e-commerce, fintech, logistics and education with annual online tractions of $5 billion whereas Ngan Luong is a popular online payment gateway with 35 million transactions carried out daily. BOXME is a pioneer in e-commerce logistics that owns three giant centres of 12,000sq.m each in the country. It offers fulfillment services to e-commerce platforms with a capacity to process 50,000 orders per day. Given the pandemic has caused a boom in e-commerce, the investment is expected to help BOXME scale up to meet the mounting demand for e-logistics and become the leading e-logistics firm in Southeast Asia. "During two years of the pandemic, we had to run at full … [Read more...] about NextTech and Ngan Luong fund BOXME to expand its operations