Singapore is subject to a 10% tariff from the US. The country has previously warned of instability in its trade-dependent economy, along with heightened risks of recession and job losses. Singapore has lowered its 2025 GDP growth forecast to between 0% and 2%, following a 0.8% quarter-on-quarter contraction in the first quarter.
During the 4th round of negotiations, the two sides plan to focus 17 sectors that cover goods and services, digital technology, government procurement, and economic cooperation.
Deputy Prime Minister Bui Thanh Son on January 3 urged ministries, agencies and localities to proactively review and implement international cooperation commitments and agreements that Vietnam has signed during high-level external activities.
Thailand started the delivery of aid to Myanmar on March 25, in a humanitarian initiative that seeks to pave the way for negotiations between the parties in the neighbouring country.
Indonesia and the European Union (EU) have completed the 15th round of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) negotiations.
An international workshop entitled “Indo-Pacific Strategies and the South China Sea-views from the region” has been held recently by the Asia-Africa Institute (AAI) under Hamburg University of Germany, attracting experts from many countries around the world including Germany, France, Australia and Japan.
Thailand and the UK have planned to ink a memorandum of understanding (MoU) on the establishment of a joint committee on commerce and economic cooperation, paving the way for a future free trade agreement (FTA).
Vietnam and the United Kingdoms are speeding up negotiations on a new-generation free trade agreement (FTA) between the two sides, which is expected to be completed at the year’s end.
Cambodia and the Republic of Korea (RoK) launched the second round of negotiations for a bilateral free trade agreement (FTA) on August 31 as the RoK works to expand its export portfolio to cushion the economic fallout from the COVID-19 pandemic.
Despite the setbacks, the Regional Comprehensive Economic Partnership (RCEP) deal has the potential to dramatically improve economic prospects among its members, said Auramon Supthaweethum, Director-General of the Trade Negotiations Department under the Thai Ministry of Commerce.
Sixteen nations under the Regional Comprehensive Economic Partnership (RCEP) agreement have vowed to conclude negotiations on the free trade agreement by the end of this year, said Thai Commerce Minister Jurin Laksanawisit.
President Tran Dai Quang’s visit to China from May 11-15 is the first State-level visit of the Vietnamese President to China after the 12th National Congress of the Communist Party of Vietnam and the 14th National Assembly elected the new leadership of the Party and country.
The leftist National Democratic Front of the Philippines (NDFP) said on March 31 that it willing to discuss a formal ceasefire proposed by the government in upcoming talks scheduled to take place in Noordwijk of the Netherlands from April 2-6.
Negotiators of the Philippine Government and the rebel group New People’s Army (NPA) have resumes peace talks in Rome, Italy, on January 19, with Norway as the mediator.
The cooperation between Vietnam and the European Union (EU), especially the conclusion of the bilateral free trade agreement at the end of 2015, was highly valued at a meeting held in Belgium on Septe
