The inflation storm continues to be severe in the major economies of Southeast Asia and threatens the region's prospects for economic recovery following the COVID-19 pandemic.
Bilateral deal with South Korea is a move to attract investment to develop the electric vehicle and batteries industry, while most Southeast Asian nations, China and Australia are in RCEP
Thailand and Vietnam have agreed to cooperate in raising the price of rice in the global market, a Thai agricultural official said on Monday, following months of talks aimed in part at improving rural incomes.
Ambassadors to Argentina from ASEAN member states, including Vietnam, have had a working visit to Catamarca province in a bid to step up trade-investment between the bloc and northwestern Argentine provinces.
With great potential and room to develop agriculture, ASEAN is looking to further promote local resources for rural economic development.
Following the food price crisis in 2008, Asean has stepped up to cooperate among member states to ensure long-term food security in the region.
Durian, Southeast Asia's "King of Fruits," is booming in China, where it has already become the country's top fruit import item in terms of volume and value.
Indonesia and the Philippines are the countries that have not ratified the Regional Comprehensive Economic Partnership (RCEP), said World Bank managing director of development policy and partnerships Mari Elka Pangestu.