CLMV News (4 October 2023)

CLMV Cambodia, Myanmar, News, Viet Nam

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CAMBODIA

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 per cent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. (Phnom Penh Post)

MYANMAR

Farmers expect poor rice yields later this month after paddy fields in the three major monsoon rice growing regions—Yangon, Bago and Ayeyarwady—were flooded by heavy rains triggered by low pressure areas in the Bay of Bengal. (The Irrawaddy)

VIET NAM

Since Vietnam’s Doi Moi (Renewal) reforms in 1986, the country has received substantial FDI inflows, turning itself into a rising star in the global manufacturing supply chain, according to HSBC. (Vietnam Plus)

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