With the ongoing trade standoff between the United States and China fuelling fears of a full-blown trade war, Finance Minister Heng Swee Keat warned that protectionism could upset the “positive outlook” for the economies of the Association of South-east Asian Nations (Asean).
Finance ministers and central bank governors of ASEAN on Friday (Apr 6) reaffirmed their commitment to international trade and investment as they remained “vigilant against risks”, according to a joint statement released after a meeting held in Singapore.
Infrastructure development projects in Southeast Asia will create significant financing needs and the Association of Southeast Asian Nations (ASEAN) must do more to attract private capital to plug the gap, said Singaporean Minister of Finance Heng Swee Keat.
Asean is expected to grow faster than most other regions this year, but is also facing headwinds that include trade tensions and technological disruptions, Singapore's minister for finance Heng Swee Keat said on Friday (April 6).
The ASEAN Economic Community holds promise – but it also presents challenges to the group’s policy of noninterference.
Prime Minister Nguyen Xuan Phuc will lead a Vietnamese delegation to attend the third Mekong River Commission (MRC) Summit in Siem Reap, Cambodia, from April 4-5 at the invitation of Prime Minister Samdech Techo Hun Sen.
ASEAN and the US underscored the importance of their strategic partnership at their 31st dialogue in Selangor, Malaysia on April 2-3
Vietnam is planning to slash corporate income tax rates from the current 20-22% to 15-17% in an effort to make the country one of the most competitive economies in ASEAN, Prime Minister Nguyen Xuan Phuc has revealed.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
