The Vietnamese government has a plan to restructure its economy through privatizing SOEs by equitizing and divesting state capital in more than 400 enterprises by 2020.
Natural resources, including timber, gems, oil and gas, and hydropower, generate billions of dollars each year and are inextricably linked to Myanmar’s history of armed conflict, says a new report by Forest Trends.
State-owned PetroTrade will conduct a feasibility study for the 270km, single-track, Laos-Vietnam railway to run from Thakhaek to the Vung Ang seaport in Vietnam.
According to him, more than 200,000 snares were removed from protected areas in the regions of Cambodia, Vietnam, and Laos between 2010 and 2015 by patrol teams.
Downside risks dominate Myanmar’s economic outlook due to both internal and external factors, including natural disasters, the Rakhine crisis, global trade policy uncertainty and the economic slowdown in China.