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Cambodian People’s Party sets out strategic goals for 2023-28

January 30, 2023 by en.vietnamplus.vn

The Cambodian People’s Party (CPP) convenes its extraordinary congress on January 28-29. (Photo: AKP/VNA) Phnom Penh (VNA) – The Cambodian People’s Party (CPP) convened its extraordinary congress on January 28-29, during which it issued many important decisions and policies regarding the leadership work, as well as orientations for national development in the time ahead. In his opening remarks, CPP Honorary President Samdech Heng Samrin , who is also President of the National Assembly, said 2023 marks an end to the 2018-2023 mandate of the legislature and the government, and it will also be the beginning of a new five-year tenure. There will be a lot of work to do in the future, he said, stressing the need to join hands and make all-out efforts to win the 7th-term parliamentary election slated for July 23, 2023. The congress set out major strategic goals for the next five years which are based on wishes of the people and reflect the real situation, both … [Read more...] about Cambodian People’s Party sets out strategic goals for 2023-28

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Fifth Thai-Lao bridge to open next year

January 30, 2023 by en.vietnamplus.vn

Thai Prime Minister Prayut Chan-o-cha, right, and his then-Lao counterpart Phankham Viphavanh preside over a groundbreaking ceremony for the fifth Thai-Lao Friendship Bridge in Bung Kan province in October, 2022 (Photo: bangkokpost) Bangkok (VNA) – The Thai government on January 28 announced that the fifth Thai-Lao Friendship Bridge is set to open early next year which should help boost border exchanges not only between localities between Thailand and Laos but also trade in the Greater Mekong Subregion (GMS), as it will speed up imports between Thailand, Myanmar, Laos, Cambodia, Vietnam , and China (Yunnan). The bridge, which connects the Thai northeast province of Bueng Kan and Laos' Bolikhamsay province, costs 3.6 billion THB (nearly 110 million USD), of which 2.5 billion THB comes from Thailand and the rest from Laos. According to deputy government spokeswoman Tipanan Sirichana, the construction is 60% complete and proceeding faster than planned. The project is … [Read more...] about Fifth Thai-Lao bridge to open next year

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Foreign investors remain optimistic about Vietnamese stock market

January 30, 2023 by vir.com.vn

Foreign capital is expected to continue to flow into the stock market as foreign investors' confidence remains strongly.(Photo: VNA) Hanoi - From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year. In 2022, this group net disbursed more than 29.2 trillion VND (1.2 billion USD) to the market, while it has net sold nearly 18.8 trillion VND and set a record net selling value of over 62.2 trillion VND in 2021. In November alone, more than 16 trillion VND in net disbursed cash flow from foreign investors was significantly supported by exchange-traded fund (ETF) capital inflows into the market, primarily from the Fubon ETF and the VNDiamond Index-based ETF. A study by BIDV Securities Company (BSC) analysing over 50 billion USD owned by foreign investors on the Vietnamese stock market showed that more than half of foreign … [Read more...] about Foreign investors remain optimistic about Vietnamese stock market

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