CAMBODIA’s banking system recorded a 4.8 percent credit growth in 2023, the slowest-ever growth in the last two decades, said a National Bank of Cambodia report released (Khmer Times).
LAO PDR: The government has instructed all its departments and local authorities to use all means at their disposal within the scope of their responsibility to help resolve the ongoing economic and financial difficulty and ease people’s hardship (Vientiane Times).
VIET NAM: In 2024, the Government plans to improve the business environment through comprehensive reforms and policy changes and support businesses in 2024. Đậu Anh Tuấn, deputy general secretary of the Việt Nam Chamber of Commerce and Industry, said the Government should simplify administrative procedures and reduce supervision (Viet Nam News).
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