Vietnam celebrates its national day today, a day that commemorates not only the end of World War II, but the day on which former President Ho Chi Minh read the Declarations of Independence of Vietnam.
Malaysia's Ministry of International Trade and Industry (MITI) is engaging with stakeholders to get feedback on sensitive issues such as government procurement before deciding on the ratification of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP).
Thailand’s Deputy Minister for Commerce Sansern Samalapa has said signing the RCEP agreement would help boost confidence in the business sector and promote multilateral trade, while expressing his confidence the deal would help expedite the region's economic recovery after the COVID-19 pandemic.
The country is in the midst of its worst economic crisis since World War 2. Thus far, two thirds of all micro, small and medium enterprises (MSMEs) have either closed or significantly downsized. This should alarm us all since MSMEs comprise 98.57 percent of all business establishments in the country. They account for 71 percent of employment and 25 percent of export earnings. Collectively, they contribute 39 percent to GDP.
Cambodian Minister of Commerce Pan Sorasak called for the use of digital technology to restore trust between businesses and customers, during the 52nd Meeting of ASEAN Economic Ministers (AEM-52) on August 29.
India and ASEAN countries have agreed to review the free trade agreement to make it more user friendly, simple and facilitative. The review will make the ASEAN India trade in Goods Agreement (AITIGA) modern with contemporary trade facilitative practices, and streamlined customs and regulatory procedures.
Cooperation in trade and investment, human resources, and post-pandemic economic recovery will be the focus of a 2021-2022 joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam (CLMV) at the 12th CLMV Economic Ministers Meeting.
The 9th AEM-Canada Consultations took place on August 29 within the framework of the 52nd ASEAN Economic Ministers’ Meeting (AEM-52).