Hong Kong expects to be joining the Regional Comprehensive Economic Partnership (RCEP) as the administration sets to discuss its inclusion with all 15 RCEP members next year. Economic analysts see the presence of Hong Kong in the free-trade bloc as a boost to the ASEAN economy.
China and the Association of Southeast Asian Nations (ASEAN) are geographically close, economically complementary and culturally connected. In recent years, a long-term steady bilateral trade relationship has been built.
With many ASEAN+3 economies now fully reopening their borders, the region’s economic activity in the first half of 2022 has benefitted from a revival in domestic demand, supported by greater mobility and a pick-up in manufacturing.
Businesses from the Association of Southeast Asian Nations, an important trading partner of China, are actively taking part in the China International import Expo.
The Institute for Democracy and Economic Affairs (IDEAS), a Malaysian think tank, highlighting the need for the 10-member regional grouping's leaders to accelerate the process of economic integration to realise the potential of a greater intra-regional trade, moving forward.
Vietnam should set out a specific strategy for accessing the Thai market as the two countries share similarities in product types.
The Thai Ministry of Digital Economy and Society (DES) and the Lao Ministry of Technology and Communications on November 7 signed a memorandum of understanding (MoU) on cooperation in post, digital technology infrastructure, information and communication technology, and e-commerce in the next eight years.
Prime Minister Pham Minh Chinh’s official visit to Cambodia from November 8-9 and his attendance at the 40th and 41st ASEAN Summits and related Summits from November 10-13 are expected to help boost bilateral trade cooperation which has reported positive growth over the recent past.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
