Malaysian Transport Minister Anthony Loke has called on ASEAN member states to keep pushing for improved integration by linking up railway network to achieve greater free flow of goods in the region.
The Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact, will reduce tariffs and harmonise trade rules, and Singapore and regional nations stand to gain from it by being more deeply plugged into global supply chains.
After 45 years of national reunification and three decades of the Doi Moi (renewal) process, under the leadership of the Party, southern provinces and cities’ economy have thrived dramatically.
Vietnam has the advantage for developing wind and solar power. Encouraged by the state’s investment incentives, many businesses have invested in this area and have achived positive results.
Terrorism remains a threat in Myanmar’s Rakhine State and could cause grave consequences for the region, Myanmar State Counsellor Aung San Suu Kyi said in a lecture in Singapore on August 21.
Malaysian Minister of Foreign Affairs Anifah Aman on August 8 affirmed that ASEAN’s unity and central role in the region is of more importance than ever to the bloc right now.
Vietnam has many strong points to help its tourism industry grow and compete with other countries in the region, said tourism expert Pham Truong Hoang from the National University of Economics.
The ASEAN Economic Community (AEC) may not meet its deadline for full integration by December this year as obstacles in doing cross-border business are still prevalent in the region.
The data consumption rate in Vietnam is among the highest in the Asia-Pacific (APAC) region, according to a recent report released by Opera Mediaworks and the Mobile Marketing Association.