The transition to the endemic phase and the reopening of borders have clearly provided a positive impact on the Malaysian economy compared to the pandemic phase two years ago, the Malaysian National News Agency (Bernama) reported, quoting Minister in the Prime Minister's Department for Economic Affairs of Malaysia Mustapa Mohamed.
Since a government resolution on improving the business investment environment was introduced in 2014, Vietnam has seen positive outcomes from hundreds of business procedures being eased and simplified. However, with the enormous impact of COVID-19, the business community is in need of an even more favourable business environment to help it minimise costs and recover.
The northern province of Thai Binh is taking measures to speed up ground clearance for investment projects in the locality, considering it an effective solution to deal with major bottlenecks in economic development.
A new master plan for seaports is needed to further boost the country’s socio-economic development in the rapid international integration process, experts have said.
Thailand plans to revive a railway line that has been disused for more than 20 years between it and Malaysia to increase connectivity between the two countries.
The People’s Committee of central Ha Tinh province has decided to withdraw the licence of an iron exploitation project that is yet to be implemented after nine years.
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