China is an important trade partner of the Association of Southeast Asian Nations (ASEAN), and greater ASEAN-China economic cooperation could further promote peace and stability in region, Asian Development Bank (ADB) country director for Cambodia Jyotsana Varma said Wednesday.

Export surplus was nearly US$4 billion in the first eight months of 2022, but commodity exports are forecast to face many difficulties and challenges in the remaining months of the year, due to unfavorable factors both in domestic and world markets.

Taiwan is progressing well in its bid for membership in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).

Vietnamese exporters must better meet clean and green quality requirements of the EU’s second-largest economy to enable them to enlarge the market share amid rising competition.

The percentage of Japanese enterprises expanding their business in Vietnam is the most significant in Asia in general, and in Southeast Asia in particular, highlighting the attractiveness of the Vietnamese market.

The establishment of the China-ASEAN Comprehensive Strategic Partnership (CSP) in 2021 was a well-deserved outcome of China's partnership diplomacy with its Southeast Asian neighbors.

Vietnam is an important economic partner of Singapore in the region and Singapore wishes to further develop its strategic partnership with Vietnam, said Deputy Prime Minister and Coordinating Minister for Economic Policies of Singapore Heng Swee Keat.

Danish companies are in the process of increasing their presence in the Vietnamese market amid the nation recently becoming a major technology manufacturing hub.

Cambodian Prime Minister Hun Sen launched the ASEAN Economic Club at a forum on Sept 12 with a call for enhanced cooperation among regional countries for sustainable and inclusive economic recovery.

The Regional Comprehensive Economic Partnership has promoted multilateralism and free trade, and all participating countries will benefit from it in the long term.