CLMV News – 4 April 2023 CLMV Cambodia, Lao PDR, News, Viet Nam CAMBODIA Prime Minister Hun Sen reiterates that Cambodia is committed to maintaining peace, political stability, sovereignty and public order and will continue to make reforms that will contribute to strengthening good governance as well as combating corruption. (Phnom Penh Post) The World Bank has maintained its economic projection for Cambodia at 5.2 per cent in 2023, crediting China’s economic reopening, but noted that regional economies could be hurt by “slowing global growth, elevated commodity prices, and tightening financial conditions in response to persistent inflation”. (Phnom Penh Post) LAO PDR Growth in developing East Asia and the Pacific including Laos is forecast to accelerate in 2023 thanks to China’s opening and its economic rebound, according to the latest report from the World Bank. (Vientiane Times) VIET NAM Major targets for the first quarter of 2023 were basically reached, with political security, macro-economic stability and major economic balances maintained, inflation controlled, security-defence and social order ensured, and external relations and international integration strengthened, stated Prime Minister Pham Minh Chinh. (Vietnam Plus) CambodiaEconomyGovernanceInflationLao PDRViet Nam Default WordPress Text widget with advertisement
Lao PDR CLMV News (5 February 2024) CLMV Lao PDR, News, Viet Nam LAO PDR earned more than US$1.4 billion from the export of agricultural produce last year, exceeding the target for 2023 by 20.18 percent (Vientiane Times). VIET NAM’s index of industrial production (IIP) in January edged […]
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