The 26th annual meeting of the Asia-Pacific Parliamentary Forum (APPF) from January 18-21 adopted the Hanoi Declaration, setting forth a new vision for Asia-Pacific parliamentary partnership.
Long-proposed trade deal uncertain; govt will look to strengthen political, economic ties
Thai investors, who have been making huge investments in Vietnam, are expected to expand their investment in the country in the time to come.
Thailand and China will form a joint committee to remove trade barriers between the two nations in order to lift two-way trade to 120 billion USD in the next three years, nearly doubling the current figure of 67 billion USD, Thai media reported.
Singapore and Malaysia vowed on Tuesday to push ahead with two ambitious rail projects linking the two countries as Malaysian Prime Minister Najib Razak played down political uncertainty ahead of a general election to be held this year.
The tax on imported sugar, as stipulated by the ASEAN Trade in Goods Agreement (ATIGA), will be maintained at 5 percent from the beginning of this year, instead of zero percent as previously rumoured.
Laos and Myanmar have signed three memorandums of understanding on cooperation in electricity, science-technology, and anti-corruption.
The Philippines on Tuesday called for increased collaboration with other member states of the Association of Southeast Asian Nations (ASEAN) in promoting agricultural cooperatives deemed important for poverty reduction in the region.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
