China has been Vietnam's largest trading partner for many years, and Vietnam is the largest trading partner within ASEAN, ranking sixth in the world for China.
Vietnam’s central bank has signed an MoU to develop its cross-border payments service system together with five other ASEAN member countries. We discuss the benefits for Vietnam’s payments ecosystem and prospects for the financial services sector.
The signing of a historic free trade agreement (FTA) between the Philippines and South Korea marks a significant milestone in their relationship. This agreement, which was formalized during the 43rd ASEAN Summit in Jakarta, Indonesia, has the potential to strengthen economic ties and foster closer cooperation between the two nations.
ASEAN member states are making an overhaul of their schemes on amplifying investment and trade within the bloc, with Vietnam set to reap a raft of jackpots.
The two countries need to facilitate trade for each other, jointly attract capital and technology to develop new industrial supply chains with high added value.
Laos' Ministry of Industry and Commerce (MOIC) has added to the list of goods subject to the country's recently imposed import-export registration requirement. Traders who import or export goods on the expanded list, which was issued in MOIC Notification No. 1941 on September 18, 2023, must first obtain a certificate authorizing their import or export activities.
The Philippines is considering options other than a price ceiling to tackle high rice prices, the country’s National Economic and Development Authority (NEDA) has said.
The ASEAN–Japan relationship today is almost unrecognisable from that of 50 years ago when riots against the visits of former Japanese prime minister Kakuei Tanaka to Southeast Asian capitals were emblematic of its troubled state.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
