CLMV News – 9 June 2023

CLMV Lao PDR, Myanmar, News, Viet Nam

LAO PDR

The amount of cross-border freight transported by the Laos-China Railway has risen to more than 4 million tonnes, according to Vientiane South station records. A member of the management team told reporters visiting the station this week that since the railway opened in December 2021 up until June 5 this year, freight trains had made 4,641 trips carrying more than 4 million tonnes of imported and exported goods. (Vientiane Times)

MYANMAR

Myanmar’s military regime has offered to supply reliable electricity to industrial zones in the commercial capital of Yangon for triple the current price. (Irrawaddy)

VIET NAM

Prime Minister Phạm Minh Chính has called for drastic measures to ensure the electricity supply during dry season and in the future. (Viet Nam News)

Việt Nam remains an attractive market for retailers as Vietnamese consumers remain optimistic about the economic challenges and are driving premium purchases. Vietnamese consumers’ overall optimism remained one of the highest among countries globally, according to global management consulting firm McKinsey. (Viet Nam News)

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