Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category.
The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....
Laos improved its standing in the 2025 Corruption Perceptions Index (CPI), rising one position and surpassing Thailand for the first time.
The country scored 34...
AFP - Vietnam has moved to allow foreign investors to buy shares of local companies through international brokerages, the finance ministry has announced, removing...