Public debt poses big risk to Vietnam Business

Public debt poses big risk to Vietnam

The state budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vietnam, making it more difficult for the government to help the economy head towards growth, said Professor Tran Tho Dat, Principal of the National Economics University (NEU).
Voters underline need to prioritise development investment Politics

Voters underline need to prioritise development investment

Voters in different localities voiced their wish that the National Assembly, Government and localities will give the priority to development investment, focusing public investment on key areas, after watching a live-broadcast discussion as part of the 6th session of the 14th legislature on October 29.
Thailand’s economy sees positive signs ASEAN

Thailand’s economy sees positive signs

The Thai economy continues to gain further traction from both domestic and external demand, the central bank of Thailand (BOT) said in its press release on economic and monetary conditions in August.
Bright prospects predicted for Thai economy World

Bright prospects predicted for Thai economy

The University of Thai Chamber of Commerce (UTCC) has raised its forecast of Thailand’s economic growth this year to 4.6 percent from an earlier estimate of 4.5 percent after improved export, tourism and crop prices.
Former Philippine President Aquino faces criminal charge World

Former Philippine President Aquino faces criminal charge

The Philippine anti-graft agency on June 20 recommended a criminal charge against former President Benigno Aquino for disbursing 72 billion pesos (1.35 billion USD) of state funds for major government projects without the required approval of the Congress.
Thailand’s economy forecast to grow 4 percent in Q2 World

Thailand’s economy forecast to grow 4 percent in Q2

Thailand’s economy is expected to expand 4 percent in the second quarter of 2018 driven by personal consumption, public spending and increasing exports, said the Fiscal Policy Office (FPO) under the Ministry of Finance.