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Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc, as Chairman of the East Asia Business Council (EABC) in 2020, recently handed over the EABC Chair to Hak-hee Jo, Executive Managing Director of the Korea International Trade Association.

Indonesian President Joko Widodo has voiced his belief that the acceleration of digital transformation of micro-, small- and medium-sized enterprises (MSMEs) will encourage the revival of the regional economy.

Vietnamese Prime Minister Nguyen Xuan Phuc, as the ASEAN Plus Three Chair, proposed the business community continue standing shoulder-to-shoulder with the governments in the fight against the COVID-19 pandemic and in economic recovery in East Asia at the ASEAN Plus Three Leaders’ Interface with Representatives from East Asia Business Council on November 14.

The 23rd ASEAN+3 Summit between ASEAN and China, Japan and the Republic of Korea was held online on November 14 as part of the ongoing 37th ASEAN Summit and related meetings.

Vietnamese Prime Minister Nguyen Xuan Phuc has called for joint efforts from business communities in ASEAN member nations to build a resilient ASEAN with a spirit of cohesion and responsiveness towards effectively controlling the COVID-19 pandemic and promoting post-pandemic economic recovery.

Prime Minister Nguyen Xuan Phuc inspected preparations for the 37th ASEAN Summit and related meetings at the international convention centre in Hanoi on November 11.

The East Asia Business Council (EABC) has recently convened its 47th meeting in an online format, attracting representatives from 13 East Asian nations, including 10 ASEAN member states and their three partners of China, Japan and the Republic of Korea.

Many initiatives will be offered to foster cooperation among regional businesses towards further promoting trade and investment exchange after Vietnam takes over the chairmanship of the EABC in 2020.

ASEAN and its three dialogue partners (China, Japan and the Republic of Korea) on September 10 reiterated the further enhancement of economic cooperation to build a stronger ASEAN Plus Three (APT) community.

The 19th consultation between ASEAN economic ministers and ministers from ASEAN’s partner countries of China, Japan and the Republic of Korea (RoK) was held in Vientiane, Laos, on August 4.

PM Nguyen Tan Dung delivered speeches at the 18th ASEAN-China Summit, the 13th ASEAN-India Summit, the third ASEAN-US Summit and the 18th ASEAN+3 Summit in Kuala Lumpur, Malaysia on November 21.

The first East Asia Investment Forum took place on August 24 in Kuala Lumpur, Malaysia, a side event of the 47 th ASEAN Economic Ministers’ Meeting (AEM) and related meetings.

The ASEAN Economic Ministers convened consultations with the bloc’s dialogue partners in Kuala Lumpur, Malaysia, on August 23, agreeing to reinforce economic connectivity between the two sides.

The 47th ASEAN Economic Ministers’ Meeting (AEM 47) will be held in Kuala Lumpur from August 22-25 to put the finishing touches on the formal establishment of the ASEAN Economic Community (AEC).

The 47th ASEAN Economic Ministers’ Meeting, scheduled to be held in Malaysia from August 22-25, will be the final step towards the formation of the ASEAN Economic Community by year-end.