Drivers of future consumption in ASEAN
ASEAN is the world’s third most populous economy and is projected to become the fourth largest economy by 2030. By then, domestic consumption, which powers roughly around 60 percent of ASEAN’s gross domestic product (GDP) today, is expected to double to 4 trillion USD.
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InfographicFruit & vegetable exports exceed 4 bln USD
Vietnamese fruit and vegetable exports are predicted to reach 4.13 billion USD in the first nine months of the year, for an increase of nearly 70% year-on-year and 24% higher than 2022 as a whole.
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ASEAN
Infographic42nd ASEAN Summit - Significant strides for regional development
The 42nd ASEAN Summit, which takes place in Indonesia from May 9-11, is expected to consolidate intra-regional solidarity and enhance ASEAN’s central role in the region.
Business
InfographicAMRO forecasts vietnam’s gdp growth to be second-highest in asean+3 in 2022
In its “ASEAN+3 Regional Economic Outlook in 2022” report updated by the ASEAN+3 Macroeconomic Research Office (AMRO) in October 2022, Vietnam’s economy was forecast to grow 7 percent in 2022, ranking it 2nd in the region after Malaysia.
ASEAN
InfographicAIPA affirms commitment in building ASEAN Community
The 42nd General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-42) wrapped up on August 25 after three days of sitting via videoconference.
ASEAN
InfographicRegional Comprehensive Economic Partnership Agreement
Ministers from 15 countries spanning the Asia-Pacific region on November 15 signed the Regional Comprehensive Economic Partnership (RCEP) Agreement after eight years of talks. The agreement is expected to create the world’s largest free trade area and numerous new supply chains, and make significant contributions to regional economic recovery post COVID-19.
ASEAN
InfographicGDP and population of RCEP member countries
RCEP is the Association of Southeast Asian Nations (ASEAN)’s biggest free trade pact to date, covering a market of 2.2 billion people with a combined size of 26.2 trillion USD or 30 percent of the world’s GDP.
