Commerce official confident of negotiations being completed by November in boost for the principle of ‘Asean centrality’
Trade between Vietnam and Myanmar reached US$860 million in 2018, making Vietnam the 9th largest trade partner of Myanmar, it was reported at a meeting between Deputy Prime Minister Vuong Dinh Hue and Myanmar Minister of Planning and Finance Soe Win on June 18.
JG Summit Holdings, Inc., one of the biggest Filipino investors in Vietnam, hopes to invest in sustainably developing tea business in the country, particularly via the participation in public-private-partnership projects.
China is proposing a new Asian free trade agreement that excludes India, throwing a wrench into plans for the 16-country Regional Comprehensive Economic Partnership.
At least 13 countries including Australia, Japan and New Zealand have opposed India’s proposal for strict criteria to determine the source country of a product, based on which they get tariff concessions or duties, in the 16-nation Regional Comprehensive Economic Partnership (RCEP) trade pact.
The Asean region faces two key economic challenges in this age of disruption, Sutapa Amornvivat, CEO of SCB Abacus, told a recent Institute of International Finance forum held in Japan.
Myanmar and Lao PDR look to be the biggest winners of an ASEAN plan to boost connectivity with a series of infrastructure projects.
Trade between Hong Kong and ASEAN will be boosted with yesterday’s implementation of AHKFTA.