Vietnam and Russia have witnessed remarkable trade and economic ties over the recent past, with trade volume showing robust growth despite global headwinds, according to Deputy Minister of Russian Economic Development Vladimir Ilichev.
The Indonesian Government is aiming to expand exports to the Republic of Korea (RoK) through the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA), which has been in effect for the past year.
Chile is a potential export market for Vietnamese consumer goods, as the nation’s living standard has experienced significant growth in recent years, Ambassador to the country Pham Truong Giang has said.
Chinese Ambassador to Malaysia Ouyang Yujing has said the two countries have been enjoying strong economic ties, adding that the trade volume in 2022 reached a historical height of 203.6 billion USD, increasing 15.6% year-on-year.
Some studies by major international institutions have shown that a full-pledged implementation of the Regional Comprehensive Economic Partnership Agreement will boost trade volume by around 40 billion USD, Cambodian Prime Minister Samdech Techo Hun Sen has said.
Trade volume between five countries along the Lancang - Mekong river and China’s Yunnan province surge 13.4 percent year-on-year to 81 billion yuan (12 billion USD) in 2017, according to customs of Kunming, capital of Yunnan.
