Stronger business ties between Malaysia and Viet Nam could help deepen regional supply chains and accelerate economic integration within ASEAN, according to a Malaysian trade official.
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Both sides aim to expand tech's role in bilateral commerce, which topped $1 trillion last year
ASEAN remains one of Malaysia's most strategic export markets and an important gateway for Malaysian companies expanding across the region and beyond." - Dato' Indera Abu Bakar Yusof, Chief Executive Officer of the Malaysia Extenal Trade Development Corporation (MATRADE)
Cambodia and Viet Nam have officially opened the Chrey Thom-Khanh Binh international border gate, a move expected to facilitate cross-border travel, boost trade and strengthen economic cooperation between the two neighbouring countries.
Agriculture Minister Saeb Khreisat and ambassadors and heads of diplomatic missions from Association of Southeast Asian Nations (ASEAN) countries discussed cooperation in agriculture and food security and facilitating trade in agricultural and food products.
Malaysia and Singapore can collaborate to enhance business connectivity within Asean and boost intra-Asean trade by leveraging their strengths in supply chains, the digital economy, and key industries.
The region is ‘particularly exposed’ as it is at the centre of global AI supply chains, says report