CLMV News (21 November 2023)

CLMV Cambodia, News, Viet Nam

CAMBODIA

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. The General Department of Taxation has pledged to enhance work efficiency in the future, particularly in aiding the private sector, following directives from Prime Minister Hun Manet. (Phnom Penh Post)

VIET NAM

Remittances to Việt Nam have been on the rise since the outset of 2023, and will continue to increase in the remaining months of the year, especially ahead of the traditional Lunar New Year (Tết holidays), according to experts. (Viet Nam News)

The Ministry of Industry and Trade is focusing on improving provinces’ capabilities in helping local businesses take advantage of free trade agreements such as the UKVFTA and EVFTA, including by issuing an FTA Index by the end of 2023. (Viet Nam News)

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