Vietnam’s economy may expand between 5.9% and 6.3% in 2025, outpacing the global average despite subdued external demand. The country's exports are estimated at 390–400 billion USD, maintaining their growth momentum, while public investment exceeding 7.2% of GDP will continue to support infrastructure and energy development.
The Protocol was signed during the 28th ASEAN-China Summit, held on October 28 in the capital city of Malaysia.
The move marks a significant recalibration of Cambodia’s trade policy, balancing immediate consumer gains with the longer-term strategic objective of positioning the Kingdom as a modern, rules-based trading partner in the global economy.
The global economic map is shifting, with the world’s economic axis now tilting southward and eastward and the rise of the BRICS bloc − comprising Brazil, Russia, India, China, and South Africa − marking the emergence of new centers of growth, which have long been dominated by Western countries.
The Brazilian Apple Growers Association (ABPM) is taking part in a trade mission to Indonesia and Malaysia led by President Luiz Inácio Lula da Silva from October 23 to 28, as part of efforts to open new markets for Brazilian agricultural exports.
The Philippines and the European Union (EU) are set to conduct the next full round of negotiations for a free trade agreement (FTA) next year, following the completion of the fourth round of talks last week.
Singapore’s talks with the United States on sectoral tariffs for semiconductors – a key export for the Republic – remain “at a very early stage”, said Prime Minister Lawrence Wong, as he reaffirmed Asean’s resolve to keep engaging all partners in a shifting global trade landscape.
Commerce Minister Suphajee Suthumpun affirms Thailand’s rare earth MOU with the US has no legal obligations and can be revoked; China has also expressed interest.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
