Vietnam’s GDP growth has shown signs of slowing down, with the growth rate of 7%/year not achieved for many years now. Vietnam faces the risk of falling into the middle-income trap. “Where is Vietnam economically?” is a question raised by the research team of Dr. Tran Tho Dat, former Rector of the National Economics University. […]
Read MoreHighest in more than 3 years MANILA, Philippines — The still elevated oil prices in the global market continued to spill over to other commodities in the local consumer basket, pushing the Philippines’ headline inflation to 5.4 percent in May, the highest rate in three-and-a-half years, with a slowdown still out of the picture. The […]
Read MoreA new dedicated barge service from Phnom Penh, Cambodia to its express ocean transportation service between Ho Chi Minh, Vietnam and Seattle that allows shippers in Cambodia to reach the U.S. West Coast in a mere 25 days, faster than any other service provider in the trade has been launched by UWL, in partnership with […]
Read MoreLaos is facing significant economic challenges but has the potential to develop sustainably and more equitably, according to a new World Bank report. The latest Lao PDR Country Economic Memorandum, “Linking Laos, Unlocking Policies”, analyses economic performance over the last 20 years and draws lessons from inside and outside Laos to recommend how the country […]
Read MoreBusinesses adopted cost reduction, increased productivity, and emphasised environmental standards to cope with the pandemic and global challenges stemming from the Russia-Ukraine war, panellists told the Forbes Thailand 2022 Forum on Monday. Executives shared their insight at the event hosted by Forbes Thailand magazine as they prepare for the second half of the year. EXPECT THE UNEXPECTED Pawat […]
Read MoreTotal outstanding loans from banks in the real estate market were estimated at over VND2,280 trillion (US$98.32 billion), up 10.19% against late 2021. The State Bank of Vietnam (SBV) would continue to tighten credit in risky fields, including the real estate and stock market, according to the central bank’s Governor Nguyen Thi Hong. In a […]
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