The economic growth trend in Laos started when it first opened to foreign trade and investment in the early 1990s. Three major economic crises have hit Laos since, profoundly affecting the country’s growth strategies.
The Philippines’ Tariff Commission (TC) has set a public hearing on wide ranging product categories totaling 37 tariff lines, including rice, corn, cars, motor vehicle parts, chemicals, and cement imported from Thailand which tariff concessions may be suspended in retaliation to Thailand’s refusal to align the cigarette tax it imposed on Philippine tobacco.
Trung An High-Tech Agriculture Joint Stock Company will export 1,600 tonnes of high-value fragrant rice to Singapore and Malaysia, the Ministry of Agriculture and Rural Development announced on January 13.
ASEAN countries have jumped to be the number one trading bloc with China in 2020, with the trade volumes hitting 4.74 trillion yuan ($731.9 billion), a 7 percent growth year-on-year, Chinese Customs spokesman Li Kuiwen told a press conference on Thursday, making ASEAN China's largest trading partner for the first time and making China ASEAN's largest trading partner for 12 years in a row.
Prime Minister Nguyen Xuan Phuc, in a meeting with outgoing Singaporean Ambassador to Vietnam Catherine Wong on January 13, highlighted the great success in bilateral trade and investment relations, saying that the Vietnam-Singapore Industrial Park (VSIP) model is a bright spot in the economic ties.
Brunei Darussalam proposed 10 Priority Economic Deliverables (PEDs) under the ASEAN Economic Community (AEC) Pillar during the ASEAN Senior Economic Officials Meeting (SEOM) Retreat 2021 at the International Convention Centre (ICC) yesterday.
The negotiations on the Kingdom’s proposed free trade deal with South Korea are progressing slowly despite the fact all parties aimed to come up with finalised drafts by the end of 2020. However, the China-Cambodia Free Trade Agreement CC-FTA) ratification is to be announced early this year.
On December 21, 2020, the Thailand Board of Investment (BOI) — the main agency responsible for promoting foreign investments in Thailand — issued its latest stimulus package to accelerate foreign investments into the country.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
