Vietnam and Singapore will expand cooperation in innovation and technology – a new area in the bilateral economic partnership that was recommended at the 14th ministerial meeting on economic connectivity between the two countries.
The Vietnam-Myanmar Joint Committee for Bilateral Cooperation held its ninth meeting in Hanoi on March 12, during which its members shared the view that the countries’ comprehensive cooperative partnership is becoming increasingly substantive.
Thailand aims to conclude negotiations on the Regional Comprehensive Economic Partnership (RCEP) and fully implement the ASEAN Single Window (ASW) for all 10 member countries by the end of this year.
As an economic bloc, ASEAN is the fifth largest economy in the world. However, this is not reflected in its adoption of digital transformation. ASEAN member countries rank from top to 160 positions on the global Digital Adoption Index (DAI) published by the World Bank.
ASEAN and India and specifically Karnataka are seen to have considerable scope to collaborate to make agriculture far more predictable and sustainable. Access to food, feed, fuel and fodder can be achieved with agriculture.
ASEAN countries should do more to promote their cuisine globally via gastrodiplomacy and tap into the vast potential it offers.
Laos and Thailand have committed to increasing bilateral trade volume by 10 to 15 per cent annually as the two governments expect to meet the target of $12 billion in 2021, according to the Lao trade minister.
Vietnam moves up 13 places on Economic Freedom Index, but remains in the ‘mostly unfree’ class.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
