Vietnam's structural growth drivers remain intact amid the country's worst Covid-19 outbreak to date, although the slow pace of vaccination presents a key source of risk for its economy, according to a report by the Bank of America (BofA).
Despite the country facing its worst outbreak of Covid-19, Thai exports are continuing to maintain growth momentum, surging by 43.8% year-on-year in June, representing the highest uptick in 11 years.
The ongoing COVID-19 pandemic, which is becoming increasingly complex, is expected to continue creating a grey economic picture in the region. However, Vietnam is still believed to be a leader in regional economic growth, despite some risks remaining.
The European Union has imposed new sanctions on a state-owned timber enterprise in Myanmar following the coup in February, as part of an international effort targeting businesses whose profits are funding the country’s military leadership.
The Malaysian government has imposed anti-dumping duties on imports of prepainted, painted or colour coated steel coils originating or exported from China and Vietnam for a period of five years, effective July 20, 2021 to July 19, 2026.
Almost half, or around 46.6%, of the manufacturing and supply chain professionals surveyed across ASEAN believe that their own companies fell behind the industry average
Vietnamese Prime Minister Phạm Minh Chính spoke with Philippine President Rodrigo Duterte over the phone late Monday, affirming that the archipelago nation is always an important and trustworthy partner that shares many concerns and strategic interests with Vietnam.
Thailand’s Commerce Ministry looks set to propose negotiation frameworks for the Thailand-EU free trade agreement (FTA) and ASEAN-Canada FTA for cabinet approval in the third quarter, aiming to boost the country's exports.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
