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Digital ASEAN initiative has opportunities for Vietnam’s digital economy

The Association of Southeast Asian Nations (ASEAN) Digital Conference was held by the World Economic Forum (WEF), earlier this week. The WEF is the international organisation for public-private cooperation. Speaking at the conference, the Vietnamese ICT Minister, Nguyen Manh Hung, said that Digital ASEAN will create new strength for Southeast Asia and bring the allied nations closer. Digital transformation […]

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Laos plans regulatory reforms to boost trade at border crossings

VIENTIANE (Vientiane Times/ANN) – The Ministry of Industry and Commerce will continue efforts to improve or remove unnecessary measures and regulations relating to exports and imports to bolster cross-border trade. Officials in charge of trade facilitation met in Vientiane last week for the 2nd Trade Facilitation Committee Secretariat meeting to evaluate past achievements through regulatory […]

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Myanmar foreign loans rise to US$10.2B in last fiscal year

Myanmar has accumulated US$10.2 billion in debt owed to more than 20 countries and multilateral organisations, the Joint Public Accounts Committee of the Pyidaungsu Hluttaw noted in a report on the Union budget for the 2017-18 fiscal year. The committee said the Ministries of Home Affairs; Agriculture, Livestock and Irrigation; Transport and Communication; Electricity and […]

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Thailand: NESDC lowers forecast

Thailand’s slow economic growth in the second quarter has prompted the state planning unit to lower its forecast for 2019 growth to 2.7-3.2% from 3.3%-3.8% made in May. It also sharply cut its estimate for this year’s exports to a contraction of 1.2% from 2.2% growth earlier. Thosaporn Sirisamphand, secretary-general of the National Economic and […]

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