CLMV News – 25 November 2022

CLMV Cambodia, Lao PDR, News, Viet Nam

CAMBODIA

China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, the Cambodian government’s senior advisor Sok Siphana said. (Khmer Times)

The number of overweight children is rising and the Ministry of Health cautioned that the children’s health may be at risk calls and urged parents to consult doctors. Secretary of State of the Health Ministry Prak Sophonneary said that parents should be concerned if their children are overweight and to pay attention to the child’s health. (Khmer Times)

LAO PDR

Skyrocketing inflation and income loss due to the Covid-19 pandemic are eroding the purchasing power of households in Laos, forcing them to slash expenditure on health and education. According to the World Bank’s latest economic update, two-thirds of households have cut spending on health and education, which will likely undermine long-term human capital development. (Vientiane Times)

VIET NAM

Ensuring the stable and consistent quality of agricultural products of cooperatives is critical to achieveing sustainable exports, in which the linkage with enterprises played a key role. Unstable and sub-standard quality of agricultural products remained the biggest worry for exporters. (Viet Nam News)

The Ministry of Finance (MoF) has introduced many favourable policies on tax, fees and land rent to ease the financial burdens on individuals and firms, boosting economic recovery, according to Deputy Minister of Finance Cao Anh Tuan. (Vietnam Plus)

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