In response to these trends, economic experts have recommended Hanoi to implement a range of measures to manage inflation in the coming months. They emphasised the need to strengthen price monitoring of essential goods, particularly food, fuel, pharmaceuticals, and healthcare services.
The inflation rate in Laos surged to 38.46% in November, a record high in the last 23 years, according to the Statistics Bureau under the Lao Ministry of Planning and Investment.
The Q1 public investment disbursement rate is down, meaning to increase required volumes of implementation to match government suggested rates will take a concerted effort. Localities need to set up working groups to spur growth to increase public disbursement of funds.
Bright prospects are likely to be seen in foreign trade over the rest of this year thanks to the effective and comprehensive implementation of free trade agreements (FTAs) and rising prices for strong export products of Vietnam, according to Deputy Director of the Import-Export Department at the Ministry of Industry and Trade (MoIT) Tran Thanh Hai.
Farmers who grow watermelon in southern Ca Mau province are raking in high profits because of a bumper harvest and rising prices for Tet when the fruit is used on virtually every family altar.
Thailand’s export turnover increased almost 8.5 percent to 539.84 billion TBH (equivalent to 16.88 billion USD) in April, making two consecutive months of growth.
