A few days ago, ride-hailing firm Grab unveiled an ambitious plan to invest US$500 million in Việt Nam over the next five years, just a month after it announced an investment of $2 billion into Indonesia.
Amongst all the bad economic news, Thailand’s industrial property sector is profiting from the protracted US-China trade war, as mainland Chinese manufacturers shift production to ASEAN countries in an attempt to avoid escalating tariffs.
Negotiations for the Regional Comprehensive Economic Partnership (RCEP) are in their final stages, though there will be some "tough trade-offs required", Trade and Industry Minister Chan Chun Sing said on Monday (Sept 2).
Concerns growing over delays in cutting non-tariff barriers
Amidst the global slowdown and escalating trade tensions, the prospect of increased duty-free access to India’s large market is definitely of prime importance to the other negotiating countries.
The Republic of Korea (RoK) will hold the third round of free trade talks with Malaysia this week with the aim of striking a deal before November, said the RoK Ministry of Trade, Industry, and Energy.
ENTHUSIASM from businesses on a free trade agreement (FTA) between the European Union (EU) and the Philippines has waned since talks have stalled, a new survey said, although many still see the deal as important.
Thai Prime Minister and Defence Minister Prayut Chan-o-cha has said all nations should work together to maintain stability in a sustainable way and strengthen stability in the Indo-Pacific region by adhering to international law, developing mutual trust and promoting closer cooperation.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
