CLMV OUTLOOK
18 June 2018
CLMV Monitor by EIC H1/2018
CLMV economy will continue its high growth at 6-7% in 2018 and maintain such a bright prospect in the coming years, supported by exports, foreign direct investment, and tourism. In addition, rising income and rapid expansion of internet access is paving ways for a new business channel, e-Commerce. Despite its small size, e-Commerce market in CLMV shows a promising growth prospect and hence offers an attractive business opportunity. However, continued trade deficits, high external debt and political issues remain major risks to economic growth.
CLMV economy will continue its high growth at 6-7% in 2018 and maintain such a bright prospect in the coming years, supported by exports, foreign direct investment, and tourism. In addition, rising income and rapid expansion of internet access is paving ways for a new business channel, e-Commerce. Despite its small size, e-Commerce market in CLMV shows a promising growth prospect and hence offers an attractive business opportunity. However, continued trade deficits, high external debt and political issues remain major risks to economic growth.
