ADB lowers economic growth forecast for Cambodia World

ADB lowers economic growth forecast for Cambodia

The Asian Development Bank (ADB) on October 22 lowered Cambodia's economic growth forecast to 1.9 percent this year, down from its April projection of 4 percent, due to the prolonged COVID-19 pandemic.
Vietnamese NA Chairman receives leaders of Austrian businesses Business

Vietnamese NA Chairman receives leaders of Austrian businesses

National Assembly Chairman Vuong Dinh Hue received leaders of IMC University of Applied Sciences Krems (IMC Krems), Weforyou Group, and Christof Systems under Christof Industries Group as well as representatives of the Vietnamese community in Vienna on September 6 as part of his trip to Austria to attend the fifth World Conference of Speakers of Parliament (WCSP5).
Banks lending big to keep agriculture sector ticking Business

Banks lending big to keep agriculture sector ticking

According to the State Bank of Vietnam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached 2.3 quadrillion VND (100 billion USD), or 24.6 percent of the banking sector’s total loans.
MoIT helping farmers distribute produce amid pandemic Business

MoIT helping farmers distribute produce amid pandemic

Departments of Industry and Trade around the country have been directed to join hands with their local agriculture sector to promote the distribution of products both in domestic and foreign markets amid the fourth wave of COVID-19 in Vietnam.