Vietnam aims to become the second largest economy in Southeast Asia by 2030 thanks to its sound economic performance, Prime Minister Nguyen Xuan Phuc has said.
MALAYSIA is looking towards ratifying the Regional Comprehensive Economic Partnership (RCEP) agreement by the end of this year, the International Trade and Industry Ministry (MITI) deputy secretary-general (Industry) Datuk Seri Norazman Ayob said.
The Fourth Industrial Revolution (Industry 4.0) has been strongly affecting every field and subsequently promoting digital transformation, and ASEAN countries have therefore been working hard to adopt smart production.
Thailand’s international trade has been improving in line with the gradual recovery of the global economy, with Thai exports bringing in more than US$20 billion as of February.
Thirty-one Cambodian tariff lines – mostly agricultural products – now carry the zero rate to neighbouring Vietnam for 2021-2022, the Ministry of Commerce announced on March 25.
The Regional Comprehensive Economic Partnership (RCEP) could bring substantial benefits to Vietnam’s exports thanks to easier rules of origin compared to other free trade agreements, mostly apparel, farm produce, and aquatic products, experts have said.
The Philippines has expressed its intention to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Brazil spoke highly of the central role of ASEAN countries in the region during a meeting between the ASEAN Committee in the country and representatives from Brazil’s Ministry of Foreign Affairs.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
