Posts Tagged ‘Luang Namtha’
April 21st, 2017
Source: Vientiane Times,April 21, 2017
Officials in charge have confirmed that Lao construction companies will benefit from the almost-US$6 billion railway project linking Vientiane to the Chinese border.
Director of the Laos-China Railway construction project and Director of the Lao National Railway Company, Dr Koung Souk-Aloun, told Vientiane Times on Wednesday that a list of 59 companies has been submitted to the Chinese side for selection.
�We have sent them [the Chinese side] 59 companies, not 20 companies. The selection process is underway and hopefully Lao companies will be hired to undertake some of the work on the railroad project,� he said.
October 22nd, 2015
Vientiane Times, October 22, 2015.
Xayaboury province will impose restrictions on banana farms following reports which suggested that farms in several provinces had used harmful chemicals which leaked into the soil and threatened local livelihoods. Governor of the northwestern province, Mr Phongsavanh Sitthavong, recently informed the media that Xayaboury would allow only companies that had already been granted a concession to plant bananas on approved areas. New investments or the expansion of existing plantations will not be allowed.
October 21st, 2014
Vientiane Times, 21 Oct 2014
Some Luang Namtha provincial rubber growers have decided to sell their plantations after the price of rubber has gone way down. Others have destroyed their plantations and switched to growing other commercial crops such as bananas and sugarcane, the provincial domestic trade section head, Mr Sawaeng Sivilay, told Vientiane Times yesterday. The huge drop in the rubber price this year has discouraged farmers in the province from growing the tree, he said. Some farmers have even chosen to sell the land on which they have planted the rubber trees, asking about 20 million kip a hectare when the trees are between two and four years old and around 30 million kip a hectare when the trees are nearly ready to tap, Mr Sawaeng reported.
Many growers are not expected to continue with this business despite the general understanding that the price will go up again in the next few years.
The raw rubber price in the province had risen as high as 15,000 kip/kg in 2010 but by the beginning of this year it had halved to 7,000-8,000 kip/kg and is now only just over 4,000 kip/kg. About 60 percent of rubber growers are keeping their plantations and stockpiling the rubber waiting for the price to go up again but 40 percent have had to sell because they can’t survive that long without income.
The drop in price here simply reflects the situation in the world market, according to Mr Sawaeng. The management of rubber production and pricing is limited as farmers can only sell to four buying companies in the province because they are legal investors approved by the government. Most of the rubber gets exported to China but the Chinese government has limited its import quota to 2,000 tonnes per year or 500 tonnes a company, Mr Sawaeng said. The quota has been imposed because the Chinese government wants to protect their own local rubber growers, he added.
Lao government representatives, in particular those from the provincial Department of Industry and Commerce, have approached the Chinese authorities with a proposal to raise the quota of the rubber goods but no answer has yet been forthcoming. To help solve the problem, the department last year encouraged rubber growers to set up a cooperative for price negotiation and to help each other get through the price crisis, Mr Sawaeng said. But some of the group’s members have had to sell their rubber at the very low price as they don’t have any other choice.
Luang Namtha, one of the northern provinces in Laos, contains the largest rubber plantations in the country with the majority of the investors being Chinese companies. The province has about 30,000 ha of rubber.
In recent years the product has helped improve the living conditions of local families working with the companies and selling their produce as well as contributing to provincial economic development and poverty reduction.
October 16th, 2014
UNDP, 16 Sep 2014
Saravane 16th September 2014 – Food and Nutrition Security, among other off-track Millennium Development Goals, continued to be on top of the discussion agenda at this year’s provincial Round Table consultation meeting, held in Saravane from 15th to 17th of September.
More than 100 Government officials and development partners took part in the meeting to review the progress made since last year’s consultations in Luang Namtha, which resulted in the development of a multisectoral food and nutrition security action plan to address malnutrition in the country. The provincial consultation is a part of the Round Table Process and a key milestone leading up to the annual Round Table Implementation Meeting (RTIM).
October 9th, 2014
Vientiane Times, 9 Oct 2014
In the first six months of this year rubber reached the top of the list of Lao agricultural exports as the highest revenue earner after the number of rubber trees mature enough to tap increased substantially. The country exported about 16,650 tonnes of unfinished and raw rubber products to China, Vietnam and Thailand and received almost US$37 million according to an official Agriculture Department report. Other major agricultural export earners were sweetcorn, 186,000 tonnes worth US$36 million; coffee, over 7,000 tonnnes worth almost US$16 million and cassava, 50,000 tonnes worth about US$12 million.
October 3rd, 2014
KPL, 3 October 2014
The government has added eight more provinces to its list of main rice bowls in the country increasing rice farmland to 800,000 ha from previously 600,000 ha. With the addition of eight provinces to the list of main rice bowls by the government, there are 10 provinces across the country where rice farming is a priority. These include Khammuan, Savannakhet , Saravan, Champassak, Borikhamxay, Vientiane, Vientiane Capital, Bokeo, Xayaboury and Luang Namtha.
September 3rd, 2014
Vientiane Times, 3 September 2014
A Chinese company has invested more than US$3 million to build a rubber processing factory in Long district, Luang Namtha province in order to transmute raw rubber before exporting the goods to China. The contract was recently signed in the province between the provincial Planning and Investment Department and the company. The signing ceremony was witnessed by the provincial Administration Office Head Mr Khamlay Sipaseuth.
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 28th, 2014
Vientiane Times, 28 July 2014
The government has pledged to undertake an investigation to ensure a fair rubber price following claims from rubber growers that the price is lower than the market rate. Deputy Minister of Industry and Commerce Mr Bounmy Manivong made the pledge on Friday in a press conference held at the National Assembly (NA) responding to the issue raised by a rubber grower through the hotline of the NA’s ordinary session that ended on the day.
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.