Minister of Industry and Trade Nguyen Hong Dien held a working session with Cambodian Ambassador to Vietnam Chay Navuth in Hanoi on May 6 to discuss measures to strengthen bilateral ties across trade, industry and energy.
When the United States Commerce Department signalled in late 2019 it was levelling anti-dumping duties on Chinese-made bed frames, nightstands and other bedroom furniture, one Indonesian furniture maker saw an opening.
Singapore and Thailand launched the world’s first linkage of real-time payment systems, which will facilitate faster and cheaper cross-border transfers.
Malaysia has established itself as one of the most trade-friendly countries in the world, exporting a competitive range of products and services to more than 200 countries and territories around the world.
Ravaged by the surging Covid-19 pandemic in both Cambodia and Thailand where a spike in cases has had crippling effects on the economy, brought about by lockdown and movement restrictions, Cambodia’s trade with Thailand declined by 3.76% to 47.5 billion Bhat.
Indonesia is setting its sights on a sharp turnaround starting this quarter as it assembles more stimulus programs to lift stubbornly weak domestic demand.
The ASEAN region is seeing an increase in the demand for environmental services due to rapid population growth and urbanization, including waste and wastewater management, air pollution and climate change mitigation, according to the study by the ASEAN-Japan Centre, Promoting Services Trade in ASEAN: Trade in Environmental Services, published today.
Strong recovery in the US has buoyed bilateral trade with the Kingdom by 16.9 percent – $289.9 million – in the first quarter of 2021 to $1.9683 billion, according to the US Census Bureau.