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NEWS UPDATES Asean Affairs   5 February 2013  

Vietnam's exports to ASEAN up 25.7 pct in 2012

Vietnam pocketed 17.08 billion U.S. dollars from its exports to the Association of Southeast Asian Nations (ASEAN) in 2012, an increase of 25.7 percent year-on-year, reported the Vietnam General Department of Customs on Monday.

The figure, which accounted for 14.9 percent of the country's total export value in 2012, showed a strong growth thanks to increases in value of key export items, including electronic products (up 844 million U.S. dollars), mobile phones and components (up 750 million dollars), rubber (up 339 million dollars) and coffee (up 224 million dollars).

Meanwhile, Vietnam spent 20.76 billion dollars to import goods from the bloc, down 1 percent year-on-year, mainly with oil and gas, motorbikes, automobiles, steel and iron.

Singapore remained Vietnam's largest trading partner with 9.03 billion dollars, accounting for 23.9 percent of the country's total export value to the bloc.
Thailand followed up with 8.41 billion dollars (22.2 percent), Malaysia with 7.91 billion dollars (20.9 percent) and Indonesia with 4.61 billion dollars (12.2 percent).

According to the latest survey by the ASEAN Business Advisory Council, Vietnam ranked second as the most attractive destination for investment in the region, after Indonesia.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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