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New Economic Corridor to Boost Regional Trade through Laos

The World Bank’s Board of Executive Directors has authorized a USD 132 million project to boost climate-resilient transport connections and regional commerce along an east-west route in northern Laos. The Southeast Asia Regional Economic Corridor and Connectivity Project is designed to complement the Association of Southeast Asian Nations (ASEAN) Master Plan on Connectivity. The new […]

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Foreign e-commerce platforms must set up an office or appoint representative in Vietnam

Foreign traders and foreign organizations having e-commerce activities in Vietnam must establish representative offices or appoint representatives according to Vietnam’s regulations. This regulation is in the document of the Department of E-commerce and Digital Economy (Ministry of Industry and Trade) to foreign traders and foreign organizations having e-commerce activities in Vietnam about regulations of the […]

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Brunei: Non-oil and gas sector grows 1.4 per cent

The non-oil and gas sector which contributed 51.2 per cent to the total gross value added (GVA) recorded an increase of two per cent while the oil and gas sector which contributed 48.8 per cent decreased by 4.8 per cent. The decline of the oil and gas sector caused Brunei Darussalam’s economy to grow at […]

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Philippines return to pre-pandemic level seen by mid-year

MANILA, Philippines — Domestic economic activity is projected to return to pre-pandemic level by the middle of this year after a stronger-than-expected first quarter gross domestic product (GDP) growth of 8.3 percent, according to the Bangko Sentral ng Pilipinas. BSP managing director Zeno Ronald Abenoja said the strong growth in the first quarter is likely […]

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