CLMV News – 30 June 2023

CLMV Cambodia, News, Viet Nam

CAMBODIA

The Ministry of Water Resources and Meteorology and representatives of the ADB met for talks to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of meteorology and water management projects. (Phnom Penh Post)

The freshly-inked sub-decree implementing Cambodia’s new investment law brightens the Kingdom’s lustre for investors and opens the way for its ambitions to become an “upper-middle income” economy by 2030 and join the “high-income” group by 2050. (Phnom Penh Post)

VIET NAM

Vietnam recorded a trade surplus of about 12.25 billion USD in the first half of this year, according to data released by the General Statistics Office of Vietnam on June 29. (Vietnam Plus)

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