The second Special ASEAN Economic Ministers' Meeting on negotiations for upgrading the ASEAN Trade in Goods Agreement (ATIGA) has created a favourable foundation for the next rounds of negotiations, towards the signing of the second protocol to upgrade the ATIGA during the 47th ASEAN Summit, slated for November 2025 in Malaysia.
As the current ASEAN Chair, Malaysia can propose a discussion between Southeast Asian and BRICS countries to diversify trade ties and reduce reliance on traditional partners.
Prime Minister Pham Minh Chinh’s attendance atthe 15th World Economic Forum (WEF) Annual Meeting of the New Champions in China’s Dailian city next week will bring opportunities for Vietnam’s economic integration, said Vietnamese Ambassador to China Pham Sao Mai.
The ASEAN - Australia Special Summit commemorating the 50th anniversary of their dialogue relations is considered a chance for the two sides to further enhance bilateral cooperation along with their commitments to the current ties and regional growth and success, an expert has said.
Over 17 years of being a member of the World Trade Organisation (WTO), Vietnam has seen hallmark economic growth thanks to economic integration into the world, providing strong momentum for further development.
The business communities of Vietnam and Mongolia have an important role to play in strengthening the ties between the two nations in the coming time, especially in the fields of economy, investment and tourism, Deputy Prime Minister Tran Luu Quang said on November 2.
The Capital Region, which comprises Hanoi and nine neighbouring localities, is expected to become a large integrated economic region of Vietnam, which is a premise and an important condition to promote the development of logistics in the region.
National development has been promoted in both quality and quantity over the 10 years of implementing the Politburo’s resolution on international integration, but there remains huge room for Vietnam to further integrate into the world, said Prime Minister Pham Minh Chinh.
Kao Kim Hourn, Secretary General of the Association of Southeast Asian Nations (ASEAN), has commended Indonesia, Chair of the bloc in 2023, for raising priority economic deliverables (PEDs) that are forward-looking and expected to encourage stronger regional economic cooperation.
The Vietnam – Asean Association for Economic Cooperation Development (VASEAN) would create conditions for firms in seeking business opportunities, through building transaction centres and promoting products in ASEAN countries.
The Institute for Democracy and Economic Affairs (IDEAS), a Malaysian think tank, on November 8 launched the ASEAN Integration Report 2022, highlighting the need for the 10-member regional grouping's leaders to accelerate the process of economic integration to realise the potential of a greater intra-regional trade, moving forward.
Joining the Association of Southeast Asian Nations (ASEAN) was the first step of Vietnam in the process of international integration, and the bloc has served as a gateway for the country’s integration into the region and the world, an official has said.
The ASEAN Economic Ministers’ (AEM) Special Meeting 2022 showed optimism that the region will return to pre-pandemic levels, with GDP growth expected to reach 4.9 percent in 2022 and 5.2 percent in 2023.
As trade protectionism is forecast to grow further around the world in 2021, the Ministry of Industry and Trade (MoIT) is set to step up trade defence measures in accordance with international law and commitments.
The just-concluded 13th National Party Congress went smoothly despite fresh COVID-19 outbreaks, bringing about confidence, and it can be viewed as an initial success, Vu Minh Khuong, an associate professor at Lee Kuan Yew School of Public Policy, National University of Singapore, told Vietnam News Agency.
Prime Minister Nguyen Xuan Phuc has asked the industry and trade sector to view enterprises as the centre of reform and development so as to further facilitate production and business activities and enhance competitiveness.
