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....
Lao President Thongloun Sisoulith spoke out about the Laos-China Railway and the country's debt burden at the Nikkei Future of Asia conference.
In an interview...
Vietnam Airlines will restart its flight connecting the three major cities of Hanoi, Luang Prabang, and Siem Reap starting in July.
VNExpress reports that the...