CLMV News – 22 December 2022

CAMBODIA

• The Cambodian Red Cross branch in Kandal handed over donations to 322 impoverished people living with HIV/AIDS in two of the province’s districts. (Khmer Times)

LAO PDR

• The Ministry of Planning and Investment and the United Nations Population Fund (UNFPA) convened the Annual Meeting to review the progress of the 7th Country Programme. Implementing partners and national counterparts presented 1st -year implementation, key challenges and priority interventions for 2023. (KPL)
• Laos needs to strongly develop the local currency bond market to reduce its reliance on external debt as much as possible, according to the Asian Development Bank. (Vientiane Times)

MYANMAR

• The UN Security Council approved its first-ever resolution on Myanmar on Wednesday, demanding an immediate end to violence in the Southeast Asian nation and urging its military rulers to release all “arbitrarily detained” prisoners including former leader Aung San Suu Kyi. (AP)
• Myanmar’s military council has begun installing hardline supporters in hundreds of local administrative positions in Yangon in recent weeks, according to sources and documents seen by Myanmar Now. (Myanmar Now)

VIET NAM

• The State Bank of Viẹt Nam should continue to take measures against dollarisation and goldenisation in the domestic economy as the markets remain potential risks for the rising speculation and hoarding of the assets, experts said. (Viet Nam News)
• Country Director of the Asian Development Bank in Vietnam Andrew Jeffries has attributed Vietnam’s economic growth in 2022 to a strong performance across sectors. (Vietnam Plus)