CLMV News (26 October 2023)

CLMV Cambodia, News, Viet Nam

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CAMBODIA

The Ministry of Agriculture, Forestry and Fisheries has called on microfinance institutions (MFIs) to assess investment feasibility for the agriculture sector through low-interest lending, thus promoting financing in the production chain. This comes as MFIs emphasise the need for enhanced support for agricultural credit. (Phnom Penh Post)

VIET NAM

Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to upgrade the country to emerging market status and attract hundreds of millions of dollars of new investment, sources said. (Reuters)

Many domestic banks have reported positive growth in profit in the third quarter and the first nine months of 2023 even amid the slow credit expansion and a downturn trend in profit of the whole banking sector. (Vietnam Plus)

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