Activities by the Vietnam Trade Office in Thailand in 2024 have strengthened trade ties, helping Thailand remain Vietnam’s largest ASEAN trading partner, said Trade Counsellor Le Huu Phuc.

Due to risks posed by higher-for-longer interest rates and rising debt burdens, policymakers in ASEAN and its top three partners (ASEAN+3) should act to curb high household and corporate debt and excessive property-developer leverage said a report on the region’s financial stability.