Australia increased its imports of wooden furniture from Southeast Asian markets last year, with Vietnam making up a significant portion of the overall figure.
Vietnamese commodities exported to Laos rose 10.4% last year to hit US$656.4 million, of which petroleum exports brought in US$125.4 million, up 439%.
The European Union (EU) and Malaysia signed a Partnership and Cooperation Agreement (EU-MY PCA) in December 2022.
Singaporean Prime Minister Lee Hsien Loong and his Malaysian counterpart Anwar Ibrahim on January 30 witnessed the signing of three bilateral cooperation agreements on the digital economy, green economy, personal data protection, and cyber security.
The European Union's anti-dumping tariffs on Indonesian stainless steel had cut exports severely, an Indonesian trade ministry official said on Tuesday, explaining the country's decision to complain to the World Trade Organisation.
During the just-concluded Chinese New Year holidays, the first after China moved to resume normal operations at border ports, several major ports in Southwest China's Yunnan Province saw surging trade activities with various neighboring countries, including Myanmar, Laos and Vietnam, according to local officials and traders.
Singapore and other Southeast Asian Nations (ASEAN) economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening.
The EU-ASEAN comprehensive air transport agreement, the first ever region-to-region aviation agreement in 2022, will provide quite a boost to air connectivity between the 37 countries involved.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
