A Change of Guard

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Thursday 20 October 2011

Vietnam, Laos, Cambodia; no gains in World Bank doing business rankings

Lanka Business Online

Oct 20, 2011 (LBO) - Indochina economies of Vietnam, Cambodia and Laos have failed to move forward in the 2012 ease of doing business rankings published by the World Bank and its private sector arm, the International Finance Corporation.
Vietnam slipped to 98 from 90 in a global ranking despite strengthening investor protection by requiring higher standards of accountability from company directors, in the Doing Business 2012: Doing Business in a More Transparent World report.

Cambodia remained at 138, though its central bank strengthened a credit information system.

Laos also remained at last year's level of 138.

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