SCB EIC expects CLMV economies to accelerate in 2024, albeit slower than pre-pandemic due to prevailing challenges
SCB EIC expects CLMV economic growth to accelerate in 2024, backed by a recovery in exports and tourism, which will bolster domestic demand through labor market recovery. Looking ahead, CLMV economies are poised to benefit from the “China +1” strategy, with multinational enterprises seeking to diversify their manufacturing bases to mitigate rising geopolitical risks. This… Read More SCB EIC expects CLMV economies to accelerate in 2024, albeit slower than pre-pandemic due to prevailing challenges