ADB revises down Laos’ economic growth outlook World

ADB revises down Laos’ economic growth outlook

Laos’ economic growth will be moderate in 2019 and 2020, projected to be at 6.2 percent, slightly lower than April forecast of 6.5 percent, according to a new Asian Development Bank (ADB) report.
Foreign debts under Government’s control: Deputy PM Business

Foreign debts under Government’s control: Deputy PM

The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vuong Dinh Hue said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission in Hanoi on August 9.
Thailand to deal with China’s yuan devaluation World

Thailand to deal with China’s yuan devaluation

The depreciation of the Chinese currency, the yuan, will affect the baht of Thailand and export values of the country for the rest of the year, which will force the Bank of Thailand (BoT) to come up with measures to manage the Thai currency, according to economists.
Vietnam’s outlook remains positive: WB Business

Vietnam’s outlook remains positive: WB

Vietnam’s growth momentum moderated since the beginning of the year, but outlook remains positive, according to Taking Stock, the World Bank (WB)’s bi-annual economic report on Vietnam released on July 1.
State capital divestment faces pressure Business

State capital divestment faces pressure

Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.