Posts Tagged ‘China’
August 27th, 2014
Vientiane Times, 27 August 2014
The number of rubber plantations in Luang Namtha province has continued to increase despite the fact the rubber price has been declining steadily over the past few years. The rubber price began to fall back in 2011 and the price of the commodity on the world market has remained low ever since, Mr Sawaeng Sivilay, an official from the provincial domestic trade section, said.
July 30th, 2014
Vientiane Times, 30 July 2014
The authorities are concerned about the herbicide used at Chinese operated banana farms in Bokeo province, fearing that overuse of chemical substances will impact people’s health and the environment. Deputy Director General of the Ministry of Natural Resources and Environment’s Land Administration Department Mr Anothai Chanthalasy said Chinese companies directly rented land areas from villagers without approval from the authorities.
July 24th, 2014
Vientiane Times, 24 July 2014
Companies from China, Japan, Vietnam and Laos are in the process of conducting potential studies for bauxite exploration in the Bolaven plateau of southern Laos triggered by the high potential for the mineral in the region. The companies aim to identify the exact amount of bauxite in the plateau and whether the quality of the mining can meet their expectations before other investment processes can take place including feasibility studies and project development.
May 22nd, 2014
Vientiane Times, 22 May 2014
Lao authorities are helpless to assist rubber growers after the constant drop in rubber prices in recent years with the trend continuing. Thousands of hectares of rubber trees in the northern provinces are ready to be tapped, however prices are still decreasing.
A Luang Namtha provincial official Mr Sawaeng Sivilay, who is involved in rubber trading, told Vientiane Times yesterday that the major reasons for the decrease were due to the price of rubber on the world market remaining low and the limited quota of product imported by China.
May 20th, 2014
Vientiane Times, 20 May 2014
Sing district, Luang Namtha province will soon have its second rubber processing factory, after Chinese investor Zinli Company agreed to spend 24 billion kip building a facility with a three hectare land concession. A rubber tree in Luang Namtha province is tapped for latex.
An agreement was signed last week between Director of the provincial Planning and Investment Department Mr Xayphone Khounsiriheuang and the company’s Deputy Director Mr Wang Zinli. The ceremony was attended by the provincial Deputy Governor, Mr Phanthong Phithoumma, along with local authorities and company representatives.
April 23rd, 2014
Vientiane Times, 23 April 2014
A Vietnamese company has shown interest in building a rubber processing factory in Oudomxay province despite high competition from Chinese investors. The Provincial Planning and Investment Department’s investment promotion section Deputy Head, Ms Maly Panyasith told Vientiane Times on Monday that the company had proposed the idea to provincial authorities however it has yet to begin any operations.
November 25th, 2013
Vientiane Times, 25 Nov 2013
Rubber growers in northern Laos are struggling to get a fair price for their product on the volatile Chinese export market, with no bilateral agreement between the two countries to ensure stability. Most raw rubber produced in northern Laos is exported to China because of the proximity of the border.
Some Chinese traders are flouting the new regulation by importing illegally across parts of the border that are not well monitored.But recently the Chinese government imposed a quota on five companies that buy Lao rubber limiting them to an import of 2,000 tonnes per year from Luang Namtha province, the provincial Industry and Commerce Department Director, Mr Phonxay Chanthasone, told Vientiane Times last week.
May 22nd, 2013
Vientiane Times, 21 May, 2013
Rubber processing factories in Oudomxay province are facing unexpected problems because China is not allowing the import of rubber from Laos at the moment, causing large amounts of the material to remain in stock. Sino-Lao Rubber Company Director Mr Oun told the media recently that, after the company had invested in the building of a rubber processing factory, they encountered an export problem when China refused to allow imports of their rubber, forcing the factory to hold 270 tonnes of processed rubber, worth over one billion kip, in stock.
May 15th, 2013
Vientiane Times, 15 May, 2013
Laos is seeking help from the Chinese government to conduct detailed surveys of its mineral wealth, aiming to use the information to help regulate the mining industry, according to a senior government official. Deputy Minister of Energy and Mines Mr Somboun Rasasombath said as quoted in the South China Morning Post this week that he would discuss the matter with Chinese Deputy Minister of Land and Resources, Mr Wang Min, at the China-Asean Mining Co-operation Forum in China.
May 9th, 2013
Vientiane Times, 9 May, 2013
Rubber farmers in Phongsaly province are looking for buyers for their raw rubber after hundreds of kilogrammes they attempted to trade across the Chinese border were seized by Chinese customs officials. Rubber trees planted by farmers in several districts are now ready for harvesting but no company has come forward with a purchase order.
The farmers’ raw rubber were seized by Chinese customs officials at the border because the country has no set quota for rubber imports, provincial forestry section Head Mr Nayphet Boupha told Vientiane Times yesterday.