The Central Committee of the Lao People’s Revolutionary Party has pledged to get a grip on the rising inflation and other economic difficulties the country is currently suffering from. Laos recorded 34 percent year-on-year inflation in September – the highest figure in more than two decades. During the fifth Plenary Session which ended on 20 October, The […]
Read MoreThe Government would continue to support local logistics firms in improving their competitiveness and allocate funds for transport infrastructure development. In a country home to seaport networks and manufacturing hubs like Vietnam, market-leading logistics companies would improve the overall competitiveness of the sector. Deputy Director of the Import-Export Department under the Ministry of Industry and […]
Read MoreGlobalisation of trade is one of the driving forces of the world economy and has created an interconnected global trading system. Endless opportunities have been created as decision makers can now reach new customers and secure a diverse selection of new staff, materials, and products regardless of time zones. However, with supply chain volatility across […]
Read MoreCambodia’s commodity exports to Thailand saw a sharp 37.57 per cent on-year increase in the first nine months of 2022, at $655.050 million versus $476.155 million last year, as the government works to leverage its economic diplomacy strategies to drive up international sales of domestic products. The January-September bilateral commodity trade between Cambodia and Thailand […]
Read MoreVietnam’s effective response to Covid-19 remains critical to economic recovery. During a group discussion today [October 22], National Assembly deputies from Hanoi shared their satisfaction with the economy’s recovery but warned of bumpier roads for the rest of the year. At the discussion, Deputy Nguyen Anh Tri was in favor of the Government’s assessment of […]
Read MoreThe Government proposes that the NA will not implement salary reform under Resolution No.27-NQ/TW in 2023, but from July 1, 2023, the base salary for officials, civil servants, and public officials will be raised to the level of VND1.8 million/month. On the afternoon of October 20, at the NA Building, the NA listened to the […]
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