The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended. The forecast was made in the WB’s economic update for Vietnam that was released during a press teleconference in Hanoi on […]
Read MoreTHE Malaysian Biodiesel Association (MBA) on Thursday (Jan 13) urged industry officials to come to terms with a steady decline of imports of palm-based biofuels in the European Union (EU), with the country’s exports this year seen at their lowest level in 5 years. The decline in Malaysia’s biofuels shipments are a result of the […]
Read MoreMinister of Planning and Investment Nguyen Chi Dung said that Vietnamese enterprises’ participation in the global value chain is very modest in both quantity and quality. Dao Thi Thu Huyen, from Canon Vietnam Co., Ltd., said that out of hundreds of suppliers for Canon Vietnam, only 20 are Vietnamese enterprises. This number has not increased […]
Read MoreShoppers duped by rogue traders on the internet can file an online civil lawsuit with the courts soon as part of the Digital Economy and Society (DES) Ministry’s efforts to tackle escalating e-commerce scams. The move comes after scores of online shoppers took to social media to complain they received products that were different than […]
Read MoreMANILA, Philippines — The government’s economic growth target this year remains achievable despite the surge in COVID infections due to the highly transmissible Omicron variant, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In his keynote address during the inaugural meeting and induction of the 2022 board of the Management Association of the […]
Read MoreThe World Bank says Cambodia’s economy will grow at more than twice the pace this year than its estimate of 2.2 percent growth in 2021. It says gross domestic product (GDP) will accelerate to 4.5 percent this year and reach 5.5 percent in 2023. That would still be lower than pre-Covid levels. Cambodia’s economy expanded […]
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Thailand
