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Vietnam, US cooperate to strengthen infrastructure finance

The Hanoitimes – The cooperation framework would support mobilizing capital from the private sector and developing financial markets for infrastructure development, in turn helping Vietnam realize its priorities in the field in near future, said a Vietnamese vice finance minister. Vietnam’s Ministry of Finance (MoF) on November 6 signed a cooperation framework to strengthen infrastructure finance […]

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Asean consumer sector set for soft start to 2020: DBS

ASEAN’S consumer sector is set to have a soft start to 2020, with the outlook “dampened by macro headwinds and soft consumer sentiments”, according to a Jan 6 DBS Group Research report. The Philippines seems like the main outlier, with an expected rebound after consumption was hit in 2018-2019. Even though Singapore, Malaysia, and Thailand […]

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Thailand: Somkid gives deadline for EEC signings

Deputy Prime Minister Somkid Jatusripitak has given a deadline to the Eastern Economic Corridor (EEC) Office to speed up contract signings with private companies for the three remaining megaprojects by March. “Schedules to begin construction have been delayed and government plans for these projects are very important for EEC development,” he said. The flagship EEC […]

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‘Cambodia-Vietnam ties stronger than rest of Asean’

With Vietnam’s economic relationship with Cambodia being significantly stronger than its other Asean partners, Vietnamese ambassador Vu Quang Minh said the two countries’ trade volume will reach $5.2 billion annually. “The figure exceeds the $5 billion target set by the prime ministers of the two countries earlier,” he said. Total trade volume for 2018 reached […]

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