In Southeast Asia, a flood of inexpensive Chinese imports is overwhelming local industries, causing widespread devastation and unemployment.
Southeast Asian countries such as Vietnam and Philippines are expected to boost coal trade and consumption this decade, industry officials say, even as demand from top consumer China approaches its peak.
Indonesia signed an agreement to export renewable energy to Singapore, during the recent International Sustainability Forum (ISF) in Jakarta.
Cambodian Prime Minister Hun Manet on Tuesday called on exporters of agricultural products to target countries that have free trade agreements with the kingdom so as to reap maximum benefits from these trade pacts.
Vietnam was the largest importer of cashew nuts from Cambodia with import volume reaching 786,530 tonnes worth roughly US$1 billion, accounting for nearly 95% of Cambodia's raw cashew output during the seven-month period.
Asean nations attracted more foreign direct investment than China for the first time in a decade last year, according to a report
Despite potential risks, Việt Nam is regarded as one of the fastest-growing economies within the ASEAN region, serving as a crucial link to ASEAN and beyond, speakers said at a conference in HCM City on Friday.
Vietnam is one of the fastest-growing economies in Southeast Asia with promising potential and favourable macroeconomic factors such as a young population, skilled labour force, and abundant natural resources, according to Deputy Chairman & CEO of Singapore-based United Overseas Bank (UOB) Wee Ee Cheong.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
