Cambodia’s economy projected to grow 6.1 percent in 2020
The Cambodian economy is projected to expand 6.1 percent this year, lower than the growth rate of 7.1 percent recorded in 2018, due to external headwinds, said Secretary of State of Cambodia’s Ministry of Economy and Finance Vongsey Vissoth on January 30.
A boat travels along the Mekong river as high-rise buildings are seen in the distance in Phnom Penh, Cambodia (Photo: AFP)
Hanoi (VNA) – The Cambodianeconomy is projected to expand 6.1 percent this year, lower than the growthrate of 7.1 percent recorded in 2018, due to external headwinds, said Secretaryof State of Cambodia’s Ministry of Economy and Finance Vongsey Vissoth onJanuary 30.
The country’s garment-textile exports,tourism development and construction sector may be adversely affected if the EuropeanUnion (EU) suspends the Everything but Arms (EBA) deal with Cambodia, he added.
The EU started the 18-month process thatcould lead to the temporary suspension of Cambodia’s duty-free trading accessto the EU market under the EBA scheme in February last year.
A final decision on whether to withdraw thistrade privilege from Cambodia or not will be made next month.
The country’s exports to the EU valued at5.86 billion USD in 2018, about 95 percent of which entered the bloc duty-free,taking advantage of the EBA preferences.
Garments and footwear are Cambodia’sbiggest exports, employing about 750,000 people in 1,100 factories./.
The Vietnamese Government’s Committee for Religious Affairs and the Cambodian Ministry of Cults and Religion opened a four-day meeting in Vietnam’s An Giang province on January 7 to share experience in the fields under their remit.
Cambodia attracted foreign direct investment (FDI) worth nearly 3.6 billion USD in 2019, up 12 percent year-on-year, an English-language daily has reported.
Southeast Asian nations have taken precautionary measures to contain the spread of the novel coronavirus as the outbreak is worsening in China and elsewhere.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
A boat travels along the Mekong river as high-rise buildings are seen in the distance in Phnom Penh, Cambodia (Photo: AFP) 
