India’s footwear industry is losing ground in global trade as competitors like Vietnam and Indonesia expand their market share through targeted policy reforms, free trade agreements, and export-led growth, according to a new report by Icra Limited.
From China to Europe to the US, Malaysia’s durians are making their mark worldwide, with exports soaring in recent years as global appetite for the “king of fruits” continues to grow.
Malaysia will maintain the ban on exporting raw, rare earth metals to protect its domestic resources. The Malaysian Trade Minister stated that this decision comes even after signing a crucial mineral deal with the United States on Wednesday.
The Malaysia-US trade pact’s “progressive but technically demanding” zoning rules for animal diseases will require major upgrades to surveillance, data sharing, and border inspections, says veterinary expert Dr Saravanakumar S. Pillai.
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.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
