Vietnam was the fastest-growing digital economy in ASEAN in 2023, and with its potential it is on the road to becoming the second-largest by 2030, said the Hong Kong and Shanghai Banking Corporation (HSBC) in its recent report “Vietnam at a glance.”
The gross domestic product (GDP) growth of six ASEAN countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - will recover to 4.5% and 4.7% in 2024 and 2025, respectively, from 4% in 2023, according to Maybank Research Pte Ltd forecast.
Vietnam places importance on developing good neighbourliness, traditional friendship, all-around cooperation and long-term sustainability with Cambodia, said Prime Minister Pham Minh Chinh at a reception in Hanoi on June 10 for Cambodian Minister of Inspection Huot Hak.
The General Department of Customs and Excise of Cambodia (GDCEC) facilitates goods in transit, prompting movement of goods within ASEAN, said by Mr. Kun Nhem – Minister Attached to the Prime Minister, Director General of the GDCEC on the sidelines of the 33rd ASEAN Directors-General of Customs Meeting.
Cambodia exported 667,000 tonnes of raw cashew nuts to Việt Nam in the first five months of this year, an increase of 37 per cent over the same period last year.
Cambodia on Monday proposed Spain to consider entering into a bilateral treaty aimed at facilitating investment and strengthening business interaction.
Indonesian President Joko Widodo has asked the State Logistics Agency (Bulog) to consider acquiring a rice producer in Cambodia.
The Ministry of Agriculture, Forestry and Fisheries (MAFF) is exploring the possibility to ink an Memorandum of Understanding (MoU) with Beijing to export Cambodian durian to China. Durian sellers and growers across the country are sanguine that they will earn more if the proposal of durian exports to the Chinese market materializes.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
