CLMV parliaments share public investment supervising
The parliaments of Cambodia, Laos, Myanmar and Vietnam (CLMV), have shared experience in monitoring and managing State budget and public investment during a conference in Phnom Penh on March 13.
The Vietnamese delegation at the conference (Photo: VNA)
Phnom Penh (VNA) –The parliaments of Cambodia,Laos, Myanmar and Vietnam (CLMV), have shared experience in monitoring andmanaging State budget and public investment during a conference in Phnom Penhon March 13.
Addressing the opening, Cambodian National Assembly (NA) leaderHeng Samrin said that the event is a chance for the legislative bodies of thefour countries to exchange ideas and seek a strategic plan and policies to ensurethe use of State budget and public investment in an effective, transparent and responsiblemanner.
He highlighted the importance of enhancing the supervisingrole of the NA, inspectors as well as stronger engagement of people in thefield.
The conference is also a chance to foster traditionalfriendship and cooperation among the four countries, contributing tomaintaining peace and stability in each country as well as the region and theworld, he stated.
Vice Chairman of the Vietnam’s NA Financial-Budget CommitteeNguyen Huu Toan shared that supervision activities of Vietnam’s NA on publicinvestment have been implemented through diverse forms such as thematicsupervision, the verification of the Government’s reports and the organsationof question-and-answer sessions.
The activities focus on urgent matters that draw publicattention such as the implementation of the Law on Thrift Practice andWastefulness Prevention, the Law on Public Investment, Law on State Budget, aswell as the allocation and use of State budget and the national targetprogrammes on climate change and new-style rural building, and Sate-investedprojects, he said.
Toan also underscored that the committee has proposed the NAto approve a resolution on a five-year financial plan and a medium-term public investmentfor the 2016-2020 period, and the reform of the balancing and distributing ofpublic investment, ensuring the initiative of ministries, sectors andlocalities.
This will also create an important legal framework for the NAto improve the effectiveness of supervising the process of allocating and usingof annual and medium-term investment each year.
During the two-day conference, participants will alsodiscuss measures to better the management over State budget and public investment, while sharing experience in lessonsin State audit, and reviewing the outcomes of the previous conference in DaNang and mapping out cooperation plans in the future.-VNA
The leaders of Cambodia, Laos, Myanmar and Vietnam (CLMV) agreed on an array of cooperation measures towards a seamless connectivity among them at the 8th CLMV Cooperation Summit (CLMV 8) in Hanoi.
The 8th Cooperation Summit of Cambodia, Laos, Myanmar and Vietnam (CLMV 8) issued a joint statement on “Seize Opportunities, Shape the Future” in Hanoi on October 26.
Deputy Minister of Industry and Trade Cao Quoc Hung has suggested India back four ASEAN members, namely Cambodia, Laos, Myanmar and Vietnam (CLMV), via its investment in manufacturing, services.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The Vietnamese delegation at the conference (Photo: VNA) 
