Laos is currently Vietnam’s seventh biggest trade partner in the Association of Southeast Asian Nations (ASEAN) and the two countries are striving to raise two-way trade to 2 billion USD.
China and the European markets remain the potential markets for Cambodia’s agricultural products, said key insiders, urging exporters and companies to focus on those two big markets for their processing of agricultural products.
The "Indo-Pacific Economic Framework for Prosperity" announced by US President Joe Biden on May 23 is progressing on its negotiations. After the meeting of senior officials from the IPEF member countries in Singapore in mid-July, and the first virtual ministerial meeting in end-July, US Secretary of Commerce Gina Raimondo and US Trade Representative Katherine Tai will host the first in-person ministerial meeting in California on Thursday and Friday.
A delegation of 60 Malaysian investors who are owners of 42 retail businesses has flown back home after their four-day joint trade mission to Cambodia under the guidance of the Malaysia Retail Chain Association (MRCA) last week.
Japan’s Onaga company recently received an investment certificate for an aeronautical and automotive component manufacturing plant in the Hanoi Southern Support Industrial Park (HANSSIP). The plant is expected to be put into operation in 2023 and encourage Japanese enterprises to expand investment in Vietnam’s support industries.
The Philippines and Myanmar are the only countries yet to ratify the Regional Comprehensive Economic Partnership (RCEP) after Indonesia cemented its membership of the China-backed trade deal this week.
Today, the European Union and Thailand have finalised the text of the EU-Thailand Partnership and Cooperation Agreement (PCA). Respective Chief Negotiators initialled the text, closing the negotiation process, at a ceremony held at the European External Action Service in Brussels.
Khmer Times is running the third and final part of a series on ASEAN under Cambodia’s Chairmanship and the challenges it faces in the remaining months, especially with geo-political developments in the region and the world having material impacts on the region, as a whole or in part. This is the final part.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
