An official of the Vietnamese National Assembly has suggested continuing to review and perfect the legal framework to promote trade facilitation to ensure uninterrupted circulation of goods and supply chains in the ASEAN region.
As a production hubs of world major tech firms such as Samsung, Vietnam is capable of manufacturing sophisticated products with high technological content, said an expert.
Malaysian Prime Minister Muhyiddin Yassin met with visiting Chinese State Councilor and Defense Minister Wei Fenghe in Kuala Lumpur on September 7, during which they discussed cooperation between the two countries.
Indonesian Minister of Cooperatives and Small and Medium Enterprises Teten Masduki has said his Government is seeking to expand its business assistance programme to around 3 million more small businesses affected by the COVID-19 outbreak by reallocating funds from other programmes within the government’s stimulus plan.
Private-sector economists are expecting the Singapore economy to contract 6 per cent this year, a slight downgrade from their earlier forecast of a 5.8 per cent decline following a worse-than-expected slump in the second quarter.
Cambodian Prime Minister Samdech Techo Hun Sen has said that strengthening globalisation and multilateral trade are crucial to supporting global economic growth and reducing poverty.
Speaking at the 23rd Meeting of ASEAN Economic Ministers - ASEAN Investment Area Council (AEM - AIA23) held online on August 25th, 2020, Minister of Planning and Investment Nguyen Chi Dzung affirmed that ASEAN would be a safe, attractive and profitable investment destination for investors with its best efforts to reform.
The Indonesian Government is upbeat about its economic growth target of 4.5 - 5.5 percent in 2021, Finance Minister Sri Mylyani Indrawati said.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
