Investors from the United States and China are increasingly turning their sights to other regions, especially Asean markets, amid the protracted trade war between the superpowers, a conference has heard.
Tourism in Asean is set for a significant upside, but more needs to be done in areas such as infrastructure, and there are risks of over-reliance on China arrivals and casinos, according to a new Maybank report, Asean Tourism: Blue Skies, But Keep Your Seatbelts Fastened.
South Korea’s exports to Southeast Asia jumped 11.6 percent last year from a year earlier, becoming the largest export market for Asia’s fourth-largest economy for a second year, as big companies like Samsung Electronics Co. and LG Display Co. expanded business particularly in Vietnam, data showed Wednesday.
Cambodia's exports to the European Union (EU) could see an estimated decline of 513 - 654 million USD a year if the EU suspends the Everything But Arms (EBA) trade preferences for the country, said a World Bank's report released on May 6.
The Philippines and other Southeast Asian countries may lose their competitiveness as a location for businesses over the next decade due to rising labor costs in the region, a unit of Fitch Ratings said.
Southeast Asia has eclipsed China as the region most likely to produce the best investment returns, as the ongoing trade war between Washington and Beijing puts a chill on the world’s second-largest economy, according to a survey at the Asian Financial Forum 2019.
The 4th meeting of the ASEAN-Norway Joint Sectoral Cooperation Committee (AN-JSCC) took place in Jakarta on May 5, focusing on ways to promote win-win cooperation between the two sides in a practical manner.
Laos recorded total export revenue of 5.41 billion USD in 2018, according to statistics of the country’s ministry of industry and trade.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
