Thailand's economy could grow as much as 4% this year, the fastest rate in five years, thanks to the recovery of the tourism sector and domestic consumption.
Malaysia and Singapore have pledged to strengthen bilateral cooperation on personal data protection, cyber security and the digital economy.
Furthermore, Cambodia's raw cashew nuts are also one of the main sources for cashew processing in Vietnam.
The two-year pandemic changed Vietnamese shopping habits and boosted e-commerce.
Vietnam and Singapore hold substantial potential for cooperation in digital economy, science-technology and green economy, Dr. Pham Duc Minh from the Agency for Science, Technology and Research under the Singaporean Government has said.
Singapore is seeking to reinforce its role as a business centre and a digital hub globally and in the region, said Minister-in-charge of Trade Relations S Iswaran on Tuesday (Feb 1).
The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products.
The merchandise trade volume between Cambodia and Malaysia totalled $620.373 million in 2022, rising by 23.33 per cent over a year earlier, with Cambodian exports accounting for a 18.03 per cent share.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
