Oxford Economics forecasts CLMV’s garment sector prospect

Oxford Economics forecasts CLMV’s garment sector prospect

The textile industry in the CLMV (Cambodia-Laos-Myanmar-Vietnam) has come under near-term threat from the global COVID-19 outbreak, especially for key producer Cambodia.
Oxford Economics forecast Vietnam’s GDP to grow 2.3 percent in 2020

Oxford Economics forecast Vietnam’s GDP to grow 2.3 percent in 2020

Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3 percent this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.