With their competitive advantages, ASEAN countries are vying to become the new hubs for global production.
Indonesia has increased its rice import demand by 30,000 tonnes in August compared to the previous month, bringing the total to 350,000 tonnes, according to the latest tender announcement from the Indonesian National Logistics Agency (Perusahaan Umum BULOG).
Under the memorandum of understanding (MOU) between Việt Nam Ministry of Industry and Trade and Laos Ministry of Energy and Mines signed in July 2023, the two sides will enhance cooperation and investment in mining, processing and trading of coal.
Indonesia's Investment Minister Rosan Roeslani, who is also head of the Investment Coordinating Board (BKPM), is currently on a visit to Singapore with a view to attracting more investment to the archipelago nation.
The central city is fostering investment with Malaysia through a new finance centre, free trade zone, tourism, digital transformation, healthcare, and a Đà Nẵng-Kuala Lumpur air route launching on September 24.
Chile is Vietnam’s 4th largest trading partner in Latin America, and Vietnam remains Chile's biggest trading partner in ASEAN.
China will further promote regional economic integration and accelerate negotiations on version 3.0 of the China-ASEAN free trade agreement (FTA), Chinese Ministry of Commerce spokesperson He Yadong was quoted by the Securities Daily as saying on Saturday. This sends a positive signal that Asian supply chain restructuring is accelerating, moving in the opposite direction of protectionism and "decoupling."
With the current uncertainties in the global rice market, Indonesia's call for larger rice tenders is a major opportunity for exporters, particularly those from Việt Nam.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
