Trade cooperation was a spotlight of the Vietnam-Laos relationship in the first ten months of this year, with revenue reaching 940 million USD.
ASEAN is likely to see a gradual rather than V-shaped recovery in 2020, with the five largest Asean economies expected to clock gross domestic product (GDP) growth of 4.5 per cent in 2020, picking up after having previously slowed to 4.3 per cent in 2019 from 4.9 per cent in 2018, according to Nomura Global Market Research’s Asia 2020 outlook, which covered nine major Asian economies.
Malaysia is committed to boost trade potential with South Korea, a national trade promotion agency reiterated in the wake of an ASEAN summit.
The withdrawal of India from the negotiations for the Regional Comprehensive Economic Partnership free trade deal (RCEP), which has involved the participation of 16 countries including Japan, China, South Korea and members of the Association of Southeast Asian Nations (Asean), is seemingly coming closer to reality.
Over the past decades, Vietnam has been an active and responsible member which has a significant influence on ASEAN’s structure, contributing to maintaining unity, peace and security in the region, and the building of a people-centered ASEAN community.
Thailand and Turkey have enjoyed bilateral relations for 61 years but are now focusing on a free trade agreement (FTA), the Thai ambassador said Thursday.
As the global trade regime threatens to unravel under the Trump administration’s assault on the WTO dispute settlement disciplines and its tearing up the rules in its trade war with China, ASEAN — the motley Southeast Asian grouping that includes Indonesia, Singapore, Malaysia, Thailand, Myanmar, Vietnam, Cambodia, Laos, Brunei and the Philippines — would seem the most unlikely bloc to spring effectively to its defence.
A Vietnam – Cambodia business cooperation forum was held in Phnom Penh on December 6, focusing on how to boost trade efficiency and protect the legitimate interests of enterprises, as well as experiences in completing procedures for cross-border goods.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
