The Thailand Development Research Institute (TDRI) has forcast that Thailand is likely to take up to three years to return to normal economic conditions similar to 2019.
The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year
While the new Indonesia-Australia free trade agreement is expected to boost trade between the countries, it also represents a step for Australia towards increasing its engagement with ASEAN.
The pandemic is depressing demand, disrupting global supply chains and spurring export restrictions on medical and food supplies.
The growth of the Philippine economy is likely to be sharply tempered this year, weighed by the effects of the enhanced community quarantine to curb the coronavirus outbreak.
The committee will support the rollout of 5G networks in the country – a move that will boost the digital economy and help post-Covid recovery.
Việt Nam will work closely with other ASEAN countries and partners, including Australia, to maintain ASEAN's activities through teleconferences, continue to actively promote orientations and priorities for co-operation set out in 2020, said Vietnamese Deputy Foreign Minister Nguyễn Quốc Dũng.
Thai exports of computers and components in the first quarter of 2020 rose to nearly US$4 billion (Bt128 billion), placing it at the top among Asean nations, said Department of Trade Negotiations director-general Auramon Supthaweethum.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
