Vietnam has been named one of the leading investment destinations in Asia for a second straight year in a recent survey by the major audit firm PwC.
Myanmar’s bilateral trade with the US in the first month of the 2018-2019 fiscal year topped US$63.6 million, an increase of $28.4 million, or 80.7 per cent, compared with the corresponding period of the 2017-2018FY, according to the Commerce Ministry, state media reported.
Indonesia recorded a trade deficit of 8.57 billion USD in 2018, the highest-ever level, according the country’s Central Statistics Agency (BPS).
One fast-expanding, Indonesian processor of shrimp and other seafood is building new plants and eyeing increased sales to the US market, amid the trade war between the world’s largest economy and China.
Malaysia has the potential to increase exports of textiles to the US in light of its trade war with China.
In fear of negative impacts on the nation’s growth and the grass root population over European Union’s potential withdrawal of its generalised scheme of preferences (GSP) from the country, Myanmar officials and businesses have requested the EU to reconsider the move.
A measure that will allow unimpeded importation of rice, amending the Agricultural Tariffication Act of 1996 and replacing the quantitative restriction on rice imports, is now a President's signature away from becoming a law.
Singapore is the most competitive economy in the region, placing second overall in the World Economic Forum’s (WEF) Global Competitiveness Index behind the United States (US).
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
