Southeast Asian leaders start two days of talks from Monday, seeking to deepen ties with China and Gulf nations, and mitigate the fallout from US President Donald Trump’s tariff hikes.
ASEAN and China are each other’s largest trading partners and key investors, both are supporters of economic globalisation and multilateralism.
As Vietnam strengthens economic ties with Thailand, domestic enterprises seeking to enter the Thai market must overcome a series of hurdles, from technical regulations, fierce competition to export restrictions and consumer expectations, experts said at a recent trade seminar in Ho Chi Minh City.
The Thai baht has strengthened sharply this week, recently reaching 32.70 baht per US dollar, continuing its appreciation trend since the beginning of the month amid global financial market volatility and rising global gold prices.
Thailand stands a chance on a deal.
Malaysian palm oil futures have hit a snag, dropping by 1.26% to 3,845 ringgit per metric ton for August delivery, as the global market sets new challenges.
As senior officials from Asean, the Gulf Cooperation Council (GCC), and China engage in closed-door deliberations ahead of the Asean-GCC-China Economic Summit on May 26–27 in Kuala Lumpur, the world witnesses more than just another diplomatic gathering.
At the conferences, the Ministers adopted three Joint Statements to express their views on current developments and trade tensions; committed to further strengthening economic cooperation between ASEAN and partner countries...
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
