Farmers plant rice on a field in the outskirts of Vientiane, Lao (Photo: AFP)
Hanoi (VNA) - Laoshas earned more from rice exports to China in the past few years due to tradepreference arrangements between the two countries.
In 2017, Laos raked in 5.6million USD from rice exports to China. This figure increased to 7.25 million USDin 2018 and to 14.54 million USD last year, according to the Lao Ministry ofIndustry and Commerce.
The Chinese market has becomemore attractive to businesses across a range of fields. This is driven byrapidly changing demographics in China, along with rising incomes, increasedconsumer spending and an increasingly open business environment.
The trade preferences which Laosand China are party to include the ASEAN-China Free Trade Agreement (ACFTA). Asa result, trade growth between Laos and China has sharply increased,particularly under the ACFTA.
Laos has an export quota of50,000 tonnes of polished rice from the Chinese government. However, theeffects of natural disasters may pose challenges for Lao rice exporters inmeeting the target.
China is the biggest importer of ricefrom Laos, and the second-biggest trading partner of the Southeast Asiancountry./.
Laos and China have launched their Visit Laos-China Year 2019 – a major campaign to boost tourism cooperation between the two countries throughout the year.
China is willing to cooperate with Laos to further implement the consensus reached by the leaders of the two parties and the two countries, while continuously consolidating the traditional friendship and increasing high-level exchanges, Chinese Premier Li Keqiang has said.
A ceremony was held in Muong Te district, the northwestern mountainous province of Lai Chau, on December 31 to wrap up the sixth Vietnam-Laos-China ‘con’ festival, themed “Colour of friendship”.
Laos and China have agreed to facilitate the direct exchange of the Lao kip (LAK) and the Chinese yuan (CNY) instead of having to making conversions through other currencies previously.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Farmers plant rice on a field in the outskirts of Vientiane, Lao (Photo: AFP) 
