Prime Minister Shinzo Abe and his Thai counterpart Prayuth Chan-ocha on Monday confirmed their cooperation in promoting free trade, with the Southeast Asian country expressing its readiness to join the 11-nation Trans-Pacific Partnership that Japan has helped spearhead.
As Asian nations brace for US-China trade war impacts on their economies, Vietnam is positioning itself as a possible two-way winner of the conflict.
Standard Chartered Bank continues to expect Vietnam’s robust gross domestic product (GDP) growth of 7 percent in 2018, driven by strong FDI-supported electronics manufacturing and rising consumption.
Chinese President Xi Jinping has called for both sides to foster a higher level of strategic partnership and build a closer community of a shared future.
Global coffee prices recovered but markets were subdued in Vietnam and Indonesia due to low stocks in both the countries, traders said.
Foreign Minister Prak Sokhonn, who was in Turkey from Monday to Wednesday, has reached an agreement with his Turkish counterpart to promote cooperation between the two governments.
Cross-border e-commerce between China and ASEAN economies is surging as more Chinese consumers are developing a taste for exotic food and an ongoing need for online shopping.
The European Union is a key economic partner in Cambodia, with preferential access to European markets a key element of the Kingdom’s robust growth in recent years, said European Union Ambassador George Edgar.