April 2023 – Page 50 – ASEAN Economic Community Strategy Center

Cambodian, Chinese central banks discuss local currency settlement for cross-border trade

Cambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. The talks were held between NBC’s Deputy Governor Chea Serey and Xuan Changneng, vice governor of the People’s Bank of China, […]

Vienam: Imported cars flood local market despite of poor purchasing power

The cumulative import turnover of CBU cars in Q1 2023 increased by 76 per cent in volume and 60.8 per cent in value compared to the same period last year. HÀ NỘI — Vietnamese firms spent over US$903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office […]

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Monthly Archives: April 2023

Cambodian, Chinese central banks discuss local currency settlement for cross-border trade

Vienam: Imported cars flood local market despite of poor purchasing power