The United Kingdom and Singapore have agreed on a new Memorandum of Understanding (MoU) that aims to boost fintech trade and cooperation.
Southeast Asian countries have obtained much more export orders this year, arousing discussions on the transfer of industrial chains.
As three major global summits concluded in Southeast Asia, digital economy governance has become an international focus. In this encouraging environment, four "great waves" are pushing China and ASEAN toward greater digital cooperation.
Trade agreements, such as the Regional Comprehensive Economic Partnership, are expected to further accelerate growth. With the agreement in place, 81 per cent of business leaders surveyed plan to increase investments in ASEAN over the next three to five years.
South Korean President Yoon Suk-yeol held a trade strategy meeting this week in which easing private firms’ reliance on China was top of the agenda.
Vietnam and Laos expect to achieve US$2 billion in two-way trade in the near future, given that the figure surged 28.2 percent annually to $1.4 billion in ten months of this year.
Chairman of the Vietnamese National Assembly Vuong Dinh Hue on November 24 reiterated the goal of lifting two-way trade between Vietnam and the Philippines to 10 billion USD in a more balanced manner by 2026.
The Ministry of Commerce and the Embassy of the Republic of Korea in Phnom Penh on Thursday co-organised a workshop on dissemination of the benefits and export procedures to local exporters under the CKFTA.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
