Trade has been a bright spot in the Vietnam-Cambodia relationship, experiencing impressive growth over the past more than a decade and expected to reach 20 billion USD.
The upcoming official visit to Vietnam by Russian President Vladimir Vladimirovich Putin is expected to open up new opportunities in bilateral relations, aiming towards the prosperous development for both sides.
Vietnam remains a “bright star” of the Southeast Asian region despite power shortages and a weakened realty market last year, according to Kai Wei Ang, an ASEAN economist at the BofA Securities Inc., which is previously the Bank of America Merrill Lynch.
Indonesia has reached an agreement with four Chinese carmakers, namely Hapco Neta, Wuling, Chery and Xiaokang, to turn Indonesia into a production center for exporting electric vehicles.
Malaysia Prime Minister Anwar Ibrahim said that subsidies for eggs would cost the government RM100 million (US$21.1 million), as opposed to a subsidy allocation of RM927 million in 2023.
Chinese Premier Li Qiang is set to talk Wednesday with Malaysian Prime Minister Anwar Ibrahim, with their countries due to ink cooperation pacts on digital economy and green development as they celebrate a half-century of diplomatic relations.
The evolving trade and investment landscape between Singapore and China reflects both enduring cooperation and emerging challenges as intensified industrial competition reshapes key sectors.
Malaysia is better positioned to negotiate a free trade agreement (FTA) with the European Union (EU) this time around as geopolitics and supply chain realignment gives it some edge, say industry observers.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
