E-COMMERCE performance in Southeast Asia is hitting record highs in terms of spending among consumers and is estimated to keep growing, according to a recent study and other reports.

South Korea and the Association of Southeast Asian Nations (ASEAN) agreed to expand cooperation in 5G communication networks and artificial intelligence (AI) areas so as to maximize the benefits from the emerging technologies, the government said Sunday.

India and South American country Peru will hold their next round of negotiations for a proposed free-trade agreement (FTA) at Lima in December, an official said.

The Vietnamese Government may allow European financial firms to buy up to 49 percent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on October 23.

Vietnam’s score increased to 69.8 points from 68.36 points from last year but the country moved down one place from the 69th to 70th out of 190 economies in the World Bank (WB) 2020 Ease of Doing Business ranking.

South Korea said Friday it has decided to give up its developing country status at the World Trade Organisation in a concession to the United States over reform of the global trade body.

UK Prime Minister Boris Johnson on Thursday proposed settling the Brexit crisis through an early election on December 12 that could help Britain finally find a way out of the European Union.

Asia and Europe are important markets for Vietnamese fruit and vegetable exports and imports, and flowers could be next.

Việt Nam could become the leading information technology innovation hub in Southeast Asia, experts told a conference in HCM City on October 24.

The country’s chief economist on Thursday said the plan by the Department of Agriculture (DA) to impose special safeguard duties or additional tariffs on rice—aimed at helping suffering palay farmers from the influx of imports—would never happen.