France will encourage companies to diversify their operating hubs to locations in Southeast Asia and elsewhere in a bid to lower the supply chain's exposure to China.
South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts and steel.
Malaysia benefits from the CPTPP with better market access for its exports.
The President office of the Philippines recently announced that the country will reduce tariff rates on imported electric vehicles (EV), parts, and components.
Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released today says.
The ASEAN+3 Macroeconomic Research Office (AMRO) today revised downwards its short-term growth forecast for the ASEAN+3 region.
Southeast Asia is home to several promising industries across its regional economy that will report quicker than the global average growth in 2023. Despite a concerning macroeconomic backdrop, various factors will continue to pull in investment and businesses to the region.
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached 31 billion U.S. dollars in 2022, up 4 percent from a year earlier.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
