Cambodia has long been a Chinese partner, with this accelerating over the past few years as BRI projects began to take hold as China reached out into Southeast Asia to develop both infrastructure, trade relations and upgrade local wealth.
The Monetary Authority of Singapore (MAS) has recently further tightened its monetary policy by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate policy band to its prevailing level to fight price pressures.
Shi Jielian, foreign trade manager of Guangxi Yongjiang Food Industry Co., Ltd., obtained the 13th certificate of origin under the Regional Comprehensive Economic Partnership (RCEP) for her company this year, as she received an electronic invoice of “approval” from Nanning Customs in south China’s Guangxi Zhuang Autonomous Region.
Indonesia has temporarily waives its export levy for all palm oil products until August 31 in an attempt to beef up exports and ease high inventories.
The Vietnam-Laos relations have been special and rare ties with loyalty and purity, a valuable asset, a rule for existence and development of both countries and a decisive factor for the success of the revolution in each nation, Lao Ambassador to Vietnam Sengphet Houngboungnuang has said.
What’s cooking in 2022? In Indonesia, not oil. The world’s largest palm oil producer is currently experiencing a cooking oil shortage. When cooking oil prices skyrocketed in late 2021, officials and experts blamed rising global vegetable oil prices and hoarders for spiking the price, leading to the imposition of a month-long export ban.
Bilateral trade between Vietnam and Laos have developed vigorously in recent times despite the COVID-19 impact, and both sides have more room to foster their trade in the time ahead.
Vietnamese Ambassador to Indonesia Ta Van Thong recently paid courtesy visits to, and had working sessions with the country's chief of the presidential staff office Moeldoko, Deputy Secretary General of the House of Representatives of Sumariydono, and Chairperson of the Indonesian Democratic Party of Struggle (PDI-P) Megawati Sukarnoputri.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
