Cambodia-Laos-Vietnam triangle striving to succeed
A LITTLE-KNOWN economic zone, the Cambodia-Laos-Vietnam Development Triangle (CLV-DT), is aiming to reduce the economic gap between itself and the more developed Asean countries. It is striving to harness its collective strengths through borderless free trade, investments and tourism, but it has confronted obstacles.
The triangle - encompassing a few provinces from each country that either share borders with each other, or are close by - suffers from the three "poors" and the two "lacks", which are hobbling development efforts.
Nguyen Binh Giang argues in a research article that the triangle faces "poor cooperation" among the member provinces, "poor road network" and "poor facilities" in some…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Asean
Malaysia’s economy likely grew 3.9% yoy in Q1: advance estimate
A cheat sheet of M&As in South-east Asia
Asean says ‘deeply concerned’ over escalating Myanmar violence
Indonesia awards 45 billion yen contract to Japan’s Sojitz for Jakarta MRT extension
Malaysia’s RHB Bank doubles green loans target to RM50 billion
CGS International aims to grow as a China-Asean nexus: CEO