Malaysia recorded bilateral trade of 10.8 billion USD with the Republic of Korea (RoK) in the first eight months of this year, making it the 12th biggest trade partner of the RoK.
A market in Seoul, the Republic of Korea (Photo: VNA)
Kuala Lumpur (VNA) 🌸– Malaysia recorded bilateral trade of 10.8 billion USD with the Republic of Korea (RoK) in the first eight months of this year, making it the 12th biggest trade partner of the RoK
Malaysian Ambassador to the RoK Rohana Ramli said Malaysia’s Look East policy has helped promote its cooperation with the RoK.
The Southeast Asian country should work to raise Korean businesses’ trust, especially in economic partnership, she said, expressing her confidence that two-way trade will increase in the coming time.
In 2014, bilateral trade reached nearly 18.7 billion USD. Malaysia mainly exported liquefied natural gas, oil and electric products, while importing machinery, oil and electric products.
The RoK is currently the 10th largest investor of Malaysia in the manufacturing field. In the first half of this year, Malaysia approved six Korean investment projects worth 60.9 million USD.
Regarding tourism, Malaysia welcomed about 150,000 RoK visitors in January-April, a year-on-year rise of 12.1 percent. Meanwhile, close to 121,800 Malaysian tourists visit the RoK in January-August, a decline of 8.6 percent compared to the same period last year.-VNA
Malaysia’s palm oil and other related products are the main pillars of boosting trade with the Republic of Korea (RoK), said Malaysian Ambassador to the RoK Rohana Ramli.
Experts from the Republic of Korea (RoK) shared their country’s experience in public finance management reform during a workshop in Hanoi on November 18.
Malaysia’s Ministry of International Trade and Industry (MITI) is focusing on disseminating information on the Trans-Pacific Partnership (TPP) agreement to the public.
Malaysia has been successful in turning a new chapter in regional integration in 2015, the year it served as the Chair of the Association of Southeast Asian Nations (ASEAN).
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
A market in Seoul, the Republic of Korea (Photo: VNA)
