Head of the Vietnam’s Permanent Mission to ASEAN, Ambassador Tran Duc Binh chaired the first 2020 meeting of the ASEAN Connectivity Coordinating Committee (ACCC) in Indonesia on February 18.
The Government of Indonesia expects to boost the country’s “doing business” ranking to the 53rd place on the World Bank (WB)’s list this year in a bid to attract more investment.
The Thai government is preparing to introduce a fresh economic stimulus package after the second largest economy in Southeast Asia recorded a five-year low in growth last year and faces a possible contraction in the first quarter of this year.
Cambodia and China say they are now planning to sign a free-trade deal some time later this year. The move came after the duo wrapped up their first-round negotiations, which were held last month in Beijing, China.
UPCOMING free trade agreements (FTA) are viewed mainly as opportunities to expand foreign direct investment (FDI), economists said.
Malaysia’s modest gross domestic product (GDP) growth of 4.3 percent in 2019 is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
Thailand is seeking measures to reclaim the number one global rice exporter spot from India after losing this position for three years.