Vietnamese products have become increasingly popular in the Thai distribution channels thanks to strong trade connection activities implemented by Vietnamese enterprises.
Malaysia grew at the quickest pace in more than two decades in 2022, as pent-up demand helped the nation take the mantle of the fastest-growing economy in Asia even if the title is likely to be shortlived.
After a long difficult period due to the COVID-19 pandemic, Southeast Asian economies are thriving and recovering strongly.
Singapore's economy grew slightly less than initially estimated in the fourth quarter from a year ago, official data showed on Monday, and the government kept its forecast for annual growth to come in at 0.5% - 2.5% this year.
Malaysia's joint mission with Indonesia to the European Union (EU) to deal with the bloc's restrictions on the entry of various commodity products will be carried out in May.
Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a record high following aggressive imports in the past three months, industry officials said.
Vietnam is still a magnet to Singaporean investors thanks to the two countries' similarities in market openness, their same direction for sustainable development, and their joining in free trade agreements (FTA)
Supply chain disruption through the pandemic and war in Ukraine has cost the ten Association of Southeast Asian Nations (ASEAN) economies an estimated $17bn a year.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
