The Malaysian economy is on the right track and will continue to grow, despite facing the risk of a recession in the US, Finance Minister II Amir Hamzah Azizan said on August 6.
Faltering domestic supply forces Manila to rely on imports from neighbors.
Thai unions believe that if the government does not take timely measures to limit cheap Chinese goods, many manufacturing factories face the risk of bankruptcy.
Laos' total import-export value in June hit nearly 1.23 billion USD, a 13% increase from May, the Lao Trade Portal (LTP) has reported.
Chinese electric vehicle (EV) maker BYD has chosen Vietnam as a key market for its development in Southeast Asia, Vo Minh Luc, CEO of BYD Auto Vietnam, has said.
Thailand's Commerce Ministry has joined hands with government agencies to launch a nationwide economic recovery project over a period of three months which is expected to reduce the cost of living by up to 7 billion THB (198 million USD).
The six leading economies in Southeast Asia, including Vietnam, the Philippines, Indonesia, Malaysia, Thailand, and Singapore, are projected to grow at an average annual rate of 5.1% over the next decade.
August 1, 2020, marked a significant milestone for Vietnam and the European Union (EU) as the EU-Vietnam Free Trade Agreement (EVFTA) came into effect. Four years on, Vietnam stands tall as the leading ASEAN exporter to the EU, reaping the benefits of a thriving economic partnership that has spurred economic growth, job creation, and consumer access to premium European products.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
