Business leaders warn Vietnam’s rapid rise, backed by strong government support, could soon surpass Thailand across multiple sectors
The second Special ASEAN Economic Ministers' Meeting on negotiations for upgrading the ATIGA has created a favourable foundation for the next rounds of negotiations.
The 16th Meeting of U.S. JCC, convened at ASEAN Headquarters/ASEAN Secretariat in Jakarta reviewed progress of ASEAN-U.S. cooperation and deliberated on potential areas for future collaboration to further strengthen ASEAN-U.S. Comprehensive Strategic Partnership.
The move comes after Malaysia announced on Tuesday that it had imposed a five-year antidumping duty on imports of polyethylene terephthalate (PET) from Indonesia and China.
Indonesia plans to change the source of some of its fuel imports from Singapore to the United States as part of negotiations over steep tariffs, its energy minister said on Friday.
The United States (US) insisted on bilateral discussions with Asean's individual member states and refused to negotiate with it as a regional bloc on the recent reciprocal tariff move, said the Ministry of Investment, Trade and Industry (MITI).
Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong reaffirmed their commitment to deepening the comprehensive strategic partnership between the two countries, during their phone conversation on May 8.
The statement of the ASEAN+3 countries also reaffirmed their commitment to a rules-based, free, fair and transparent multilateral trading system.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
