Vietnam is increasing raw cashewnut imports from Cambodia, making it the major supplier of the material for re-processing, according to the General Department of Vietnam Customs.
Indonesia's plan to impose tariffs of up to 200 percent on Chinese-made product has sparked certain concerns but may not have a substantial impact on bilateral trade ties, a Chinese expert said on Sunday, adding that optimism remains on the economic and trade relations of the two major trading partners in Asia.
The first half of the year witnessed Vietnam spend US$69.6 million on pepper imports, of which Brazil, Cambodia, and Indonesia made up the country’s three largest pepper supply markets.
Japan has said that it will help Southeast Asian countries train large language models (LLM) in their local languages to promote the advancement of artificial intelligence (AI) in the region.
Indonesia launched its first electric vehicle (EV) battery plant on July 3, which is also the first of its kind in Southeast Asia.
Statistics Indonesia (BPS) has reported that the number of people categorised as poor in Indonesia has declined by 3.06 million, or around 2.22%, bringing the country’s poor population percentage into 9.03% in the last 10 years, acting chief secretary of the BPS Imam Machdi said on July 1.
Thailand's rice exports in the first five months of 2024 increased 16.5% year on year to nearly 4.06 million tonnes worth 94.6 billion THB (2.6 billion USD), but exports in the third quarter are expected to drop as compared to the first half of 2024, said President of the Thai Rice Exporters Association (TREA) Charoen Laothamatas.
Thailand’s cabinet on July 2 approved an additional 276 billion THB (7.4 billion USD) in borrowing for the 2024 fiscal year, of which 269 billion THB is for direct government use as well as funds for state enterprises to restructure debt.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
