Some overseas Vietnamese firms, such as KD Trading, have boldly imported ST25 rice, helping to boost brand awareness in Canada. Việt Nam has now entered the list of the top five rice exporters to the Canadian market.

ASEAN is seeking to expand its membership in two key trade agreements - the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as part of efforts to strengthen regional economic integration.

As the Chair of the Association of Southeast Asian Nations (ASEAN) this year, Malaysia plans to focus on leveraging the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade agreement now in force.

Cambodia’s international trade volume hit $54.74 billion in 2024, up 16.9 percent from $46.82 billion in the year before, said an official report released on Friday.

The Kingdom exported $8,255 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) countries in the first 11 months of this year, up 14.35 percent from $7,219 million in the same period last year, said a report released by the Ministry of Commerce.

Vietnam has not taken full advantage of the Regional Comprehensive Economic Partnership (RCEP), according to a representative from the Ministry of Industry and Trade.

Cambodian Minister of Commerce Cham Nimul said on Friday that the country’s trade with Regional Comprehensive Economic Partnership (RCEP) countries hit $31.36 billion during the January-November period of 2024.

Cambodia exported products worth $23.93 billion in the first 11 months of 2024, up 16.8 percent over the same period last year, said a report from the General Department of Customs and Excise released on Tuesday.

As a free trade agreement, the Regional Comprehensive Economic Partnership covers not only the largest free trade area in the world but also is ASEAN-centered, development-oriented and inclusive. Since coming into force almost 22 months ago, it has played a significant role in promoting regional economic cooperation, and enhancing the region's economic resilience and boosting its risk-resisting capacity. The next few years will be critical for the RCEP to perform to its full potential.

Concern, by India, over the prospect of cheap and mass-produced Chinese products flooding the Indian market has stalled plans to sign the world’s largest trade deal, known as the Regional Comprehensive Economic Partnership (RCEP) agreement, during the ASEAN Summit in Bangkok.