Although South Asia is an enormous market with substantial consumer demand well-suited for Vietnam's key export staples, trade potential with the region remains fully untapped, experts revealed at a workshop in Ho Chi Minh City on November 13.
Indonesia is targeting non-traditional markets in South Asia such as India, Pakistan, and Bangladesh to boost exports, whose growth is currently slowing, Trade Minister Zulkifli Hasan has informed.
Vietnam and India should further strengthen connectivity to record more robust growth in bilateral trade, which is expected to hit 15 billion USD this year and surpass the record the two countries set in 2021, Indian analysts have said.
Among efforts to diversify markets for local farm produce, the northern mountainous province of Lai Chau is working to boost the export of tea products to the Middle East, North Africa, and South Asia.
South Asia’s linkages with East and Southeast Asia in the past and at present come under spotlight at the 4th Asian Consortium of South Asian Studies (ACSAS) conference held via video teleconference on November 18 – 19.
The success of ASEAN has brought about valuable experience lessons for the promotion of integration in South Asia, Vietnamese Ambassador to South Africa Hoang Van Loi told a webinar held by The Diplomatic Society newspaper on January 18.
Vietnam is among the three leading countries in South Asia and Southeast Asia in the 2020 Asia Girls Report which was released by Plan International on March 5.
President Tran Dai Quang and Bangladeshi Prime Minister Sheikh Hasina agreed to exert greater efforts to double the two countries’ two-way trade, which stood at nearly 900 million USD in 2017, during their talks in Dhaka on March 5.
Malaysia and its neighbouring ASEAN countries will bear the brunt of serious instability in the region if the grave situation in the Rakhine state in Myanmar is not addressed.
An international workshop on Buddhism is underway in HCM City until July 11, attracting Buddhist followers and scholars from 44 countries and territories worldwide.
The economy of the 10 ASEAN member nations is expected to remain its growth in 2017, with emerging Southeast Asia economies growing at approximately 5 to 7 percent, according to experts.
Sri Lanka has set the goal of becoming the most open economy in South Asia, its Deputy Foreign Minister Harsha de Silva told a seminar held in Hanoi on January 29.
Substantial room remains for Vietnam and Bangladesh to cooperate towards a myriad of achievements, especially in economics-trade, Presidents Truong Tan Sang and Abdul Hamid said.