Consumers and businesses in Singapore and South Korea will benefit from smoother digital activities between both sides in areas such as e-payments and paperless trading, with the signing of a new agreement on Monday.

Thailand and Singapore have signed several agreements aimed at deepening bilateral economic relations. The memoranda of understanding covers tourism, intellectual property, sustainability, and meat trade, among others.

Viet Nam’s shipment of fruits and vegetables to China valued at US$ 152 million in October, representing a year-on-year increase of over 44% thanks to new protocols on official import inked by both sides.

Vietnam will promote the use of e-commerce channels to expand export markets and enable enterprises to participate in foreign distribution networks.

China’s economy is bracing for major disruption into next year as coronavirus cases surge and challenge the government’s recent attempt to maintain Covid Zero but reduce the economic and social damage it causes.

The powerful head of the world’s largest economic organisation says many critical supply chains remain vulnerable as the pandemic continues, so Australia and other countries must look beyond traditional allies to diversify trade, even as relations with China continue to thaw.

Vietnam’s Ministry of Planning and Investment (MPI) and the US Mission to Vietnam, through the US Agency for International Development (USAID), on November 22 announced a new initiative to spur private sector-driven sustainable and inclusive growth across Vietnam.

The Ministry of Industry and Trade (MoIT) recently sent a delegation of 20 Vietnamese businesses to South Africa to scope out the market.

The International Monetary Fund has forecasted China's economy to grow at 3.2 percent in 2022, then rise by 4.4 percent for the next two years as the country's growth remains under pressure following an "impressive" recovery from the pandemic's initial impact.

President Yoon Suk-yeol, center, speaks during a meeting attended by nine government ministries at Korea Trade-Investment Promotion Agency (KOTRA), in Seoul, Wednesday.