ADB revises 2020 growth forecast for Cambodia upward ASEAN

ADB revises 2020 growth forecast for Cambodia upward

The Asian Development Bank has revised its 2020 growth forecast for Cambodia upward thanks to the country’s improved agricultural performance and an increase in volume in non-garment manufacturing exports such as bicycles and electronics.
ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020 Business

ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020

Vietnam’s economy is forecast to expand 1.8 percent in 2020 amid the coronavirus and bounce back in next year, while economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next year, according to a recent report released by the Asian Development Bank (ADB).
Hesitation slows down SOE equitisation Business

Hesitation slows down SOE equitisation

Despite numerous efforts of the Government in speeding up the equitisation of State-owned enterprises, some ministries, sectors, localities and economic groups have showed ineffective performance in the work, thus slowing down the progress of the scheme.
Vietnam’s forex reserve sets new record Business

Vietnam’s forex reserve sets new record

Vietnam’s foreign exchange reserve has hit a new record high of 92 billion USD, a significant expansion from 84 billion USD which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.
Foreign media applaud Vietnam’s 75-year successes World

Foreign media applaud Vietnam’s 75-year successes

Many foreign media outlets recently ran articles highlighting Vietnam’s achievements over the last 75 years and its stature in the international arena on the occasion of the country’s 75th National Day (September 2).
UK businesses seek cooperation opportunities in Vietnam Business

UK businesses seek cooperation opportunities in Vietnam

As many as 50 UK businesses joined an online meeting to get updates on socio-economic situation in Vietnam as well as developments in the Vietnam-UK relations, and seek opportunities to cooperate with Vietnamese partners in the future.