Cambodia exported $5,261 million worth of goods to member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months this year—a rise of 22 per cent compared to $4,299 million in the same period last year. The country's exports to RCEP nations reached $6.34 billion in 2022, a year on year increase of 7 per cent.
Minister of Agriculture, Forestry and Fisheries is committed to initiating cooperation with Malaysia for various crops to create a more favourable agricultural market between the two countries.
A Vietnamese delegation led by Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri, head of the ASEAN Ministers on Agriculture and Forestry (AMAF) Vietnam, attended the 45th AMAF meeting, which took place in Kuala Lumpur, Malaysia, from October 4-6.
A Myanmar-Vietnam trade fair is scheduled to take place in Yangon, Myanmar on November 1 to attract 22 booths displaying a range of Vietnamese products.
Malaysia has urged rice exporting countries in ASEAN to prioritise intra-bloc exports amid concerns over rising prices and supply shortages, local media has reported.
Food-Producing nations in Asean have pledged to prioritise the export of food commodities to member countries facing shortages.
A business forum on expanding trade cooperation between Indonesia and Vietnam, introducing the 38th Trade Exhibition Indonesia (TEI) 2023, and learning about the Halal market was held in Ho Chi Minh City on October 5.
Data from Statistics Indonesia also revealed that the manufacturing sector’s share of the country’s gross domestic product has been declining over the years.