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Southeast Asian domestic markets are about to be hit by a tsunami of cheap Chinese goods, unable to enter the United States if US President Donald Trump follows through on his promise of 60 per cent tariffs on all Chinese imports.

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To succeed in exports via official channels, Vietnamese businesses need to identify target markets, research standards and regulations, and assess their own capabilities to develop effective strategies.

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Cambodia’s exports to the European Union and to the United Kingdom jumped more than 20 percent each last year, according to the latest government data.

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China continued to be Vietnam’s largest export market for cassava and cassava products in 2024, according to data from the General Department of Customs.

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Rubber prices stayed high in the final months of last year based on limited global supply and high demand, according to Deputy General Director of the Mercantile Exchange of Vietnam Nguyen Duc Dung.

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India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple and China's Xiaomi.

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The Indonesian government will limit the import of cassava and tapioca into the country to support domestic farmers.

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China’s consul-general in Kuching also revealed that Malaysia welcomed over 3.8 million Chinese visitors last year – double that of 2023

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The Ministry of Industry and Trade accompanies Vietnamese enterprises in trade defense investigations to ensure the highest benefits for enterprises, while urging the US and other countries to recognize Vietnam as a market economy

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The two most important people in ASEAN right now can’t be accused of not understanding the crucial function that the group plays as a platform for collective middle-power diplomacy. Speaking at a media conference after his meeting with Malaysian Prime Minister Anwar Ibrahim in Langkawi last week, Indonesian President Prabowo Subianto declared that ‘only via unity among the ASEAN countries, only with good cooperation between us, will our voices be heard, will we be given consideration by powers far bigger than us’.

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