Cambodia and Indonesia called for greater interaction between the people of the two nations, which in turn would translate into business opportunities for the two economies.
The Council for the Development of Cambodia (CDC) and the Vietnamese Ambassador to Cambodia Nguyen Huy Tang are keen on holding a meeting for entrepreneurs and investors to explore possible Cambodian investment in Vietnam.
Prime Minister Hun Manet will visit France later this month at the invitation of French President Emmanuel Macron to strengthen economic ties and diversify cooperation in the energy transition sector between the two countries.
The National Economic and Social Development Council (NESDC) is keeping a close watch on the economies of its major trading partners, notably China, which expanded in 2023 at a rate lower than many anticipated and could affect Thailand’s growth over the next 12 months.
The global tightening of monetary policy in 2022 by central banks to curb excess liquidity and combat surging inflation has stirred fears about a global economic slowdown. Estimates from the International Monetary Fund forecast global growth falling to 2.9 per cent in 2023 from 3.4 per cent in 2022.
Increasing regional cohesiveness and China’s restructuring present new growth opportunities, says Patrick Lee
The Southeast Asian economy's trade surplus, however, remained positive at $125 billion this year, $33 billion with the EU and $92 billion with the US.
In response to a business illegally operating two cold storage warehouses and illegally importing a number of food products from Vietnam, it was subject to a fine of SG $36,000 (Singapore dollar) from Singapore authorities, the Vietnam Trade Office in Singapore recommends that Vietnamese food exporters need to pay attention to regulations in this market.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
