vn02
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Vietnam’s FDI disbursement rises nearly 7% in Jan-June

UK-based lexology.com said Vietnam’s economy is in a favorable position compared to other countries in attracting FDI during the Covid-19 pandemic. Disbursement of foreign direct investment (FDI) to Vietnam rose by 6.8% year-on-year in the first six-month period to US$9.24 billion, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and […]

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S&P further lowers Philippines GDP projection

MANILA, Philippines — S&P Global Ratings has lowered anew its 2021 gross domestic product (GDP) growth forecast for the Philippines to six percent as the reimposition of strict lockdowns further restricted economic activity. Last March, the debt watcher slashed the growth forecast from its original peg of 9.6 percent to 7.9 percent the most optimistic […]

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World Bank greenlights $200M credit for Cambodian Covid fight

World Bank on June 24 approved a $200 million International Development Association (IDA) credit for the Cambodia Relief, Recovery and Resilience Development Policy Financing Project (DPF), to provide a shot in the arm for the Kingdom’s Covid-19 fight and drive towards economic recovery. “The project will help Cambodia deal with the Covid-19 crisis by providing […]

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