World

Vietnamese-coordinated resolution on UN Joint Staff Pension Fund approved

The Fifth Committee of the 79th United Nations General Assembly adopted by consensus a draft Resolution on managing the UN Joint Staff Pension Fund (UNJSPF) after nearly three months of negotiations chaired and coordinated by Vietnam, at its plenary session on December 24 in New York.

Participants attend the plenary session of the Fifth Committee of the 79th United Nations General Assembly in New York on December 24. (Photo: VNA)
Participants attend the plenary session of the Fifth Committee of the 79th United Nations General Assembly in New York on December 24. (Photo: VNA)

New York (VNA) – The Fifth Committee of the 79th United Nations General Assembly adopted by consensus a draft Resolution on managing the UN Joint Staff Pension Fund (UNJSPF) after nearly three months of negotiations chaired and coordinated by Vietnam, at its plenary session on December 24 in New York.

The Resolution acknowledges positive results in the operation of the fund over the past year. The fund has a total value of nearly 100 billion USD with 150,000 beneficiaries.

During the negotiations, facing the diverse perspectives and proposals from many countries, Vietnam, as a coordinator, made efforts to find solutions to narrow the gaps, promote compromises, and build consensus on the content of the draft Resolution, ensuring that this important resolution received the support of all UN member countries.

The chair of the Fifth Committee and UN member countries hailed Vietnam's role and practical contributions in the process of drafting the Resolution. This outcome further demonstrates Vietnam's commitment as an active, reliable, and responsible member, as well as its coordination and leadership capabilities in UN forums.

At the session, the committee decided on the personnel structure and budget of the UNJSPF’s Secretariat, while outlining the fund’s operational orientations through 2025, including measures to simplify pension payment procedures, diversify investment methods, and strengthen investments in emerging markets and developing countries to lift the fund’s value in the future.

Also at the session, the Fifth Committee approved more than 20 other resolutions on organisational, administrative, and budgetary issues of UN agencies, as well as the contributions of UN member states to the organisation's 2025 budget./.

VNA
#draft Resolution #UN Joint Staff Pension Fund #UN member countries #Vietnam
Follow VietnamPlus

Related News

Deputy Minister of Foreign Affairs Do Hung Viet speaks at the event.(Photo: VNA)

Vietnam pledges more contributions to UN humanitarian relief efforts

Deputy Minister of Foreign Affairs Do Hung Viet affirmed Vietnam's strong commitment to humanitarian relief efforts, helping people recover their lives after natural disasters and catastrophes, while addressing the 2025 Central Emergency Response Fund (CERF) High-Level Pledging Event in New York on December 10.

See more

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto (Photo: linkedin.com)

Indonesia accelerates tariff talks with US

At the meeting in Washington, D.C. on April 24, Hartarto reiterated Jakarta’s commitment to addressing the US trade deficit with Indonesia, the Indonesian media reported.

Delegates attend the ASEAN Climate Outlook Forum in Phnom Penh. (Photo: thestar.com.my)

ASEAN discusses climate change response measures

Cambodian Minister of Water Resources and Meteorology Thor Chetha said ASEAN has emerged as a hotspot for the impacts brought on by the changing climate such as floods, droughts, and heatwaves.

A view of the small aircraft that crashes into the sea near Hua Hin airport on April 25 (Photo: Bangkok Post)

Plane crash in Thailand kills at least five

The aircraft, carrying five people, crashed into the sea off the Gulf of Thailand near Baby Grande Hua Hin Hotel in Cha-am district, Phetchaburi province, about 8km from Hua Hin town centre and close to Hua Hin airport.

Deputy Minister of Home Affairs Vu Chien Thang at the meeting (Photo: VNA)

Vietnam reaffirms commitment to ASEAN socio-cultural vision 2045

Thang highlighted three key strategic priorities for ASEAN moving forward: strengthening unity and the central role of the people; enhancing connectivity with a whole-of-community approach to ensure equitable access to opportunities and leave no one behind; and upholding ASEAN's centrality while promoting partnerships for shared benefit. He also underscored the importance of communication, particularly in raising public awareness about ASEAN’s values and significance.

Indonesian Finance Minister Sri Mulyani Indrawati (Source: Antara/Hafidz Mubarak A)

Indonesia expects 5% economic growth despite IMF forecast

Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down its growth forecast for Indonesia to 4.7%.

President Prabowo Subianto delivers his remarks at the launch of the Indonesian Planting Movement in Ogan Ilir, Palembang, South Sumatra, on April 23 (Photo: Antara)

Indonesian president launches movement against waste

Speaking at the launch of the Indonesian Planting Movement in Ogan Ilir, Palembang, South Sumatra on April 23, Indonesian President Prabowo Subianto urged citizens to begin with simple but impactful actions, such as keeping their surroundings clean and protecting the environment.

Kaspersky’s general manager for Southeast Asia Yeo Siang Tiong (Photo: Bernama)

Malaysia unveils cybersecurity strategy 2025–2030

Kaspersky’s general manager for Southeast Asia Yeo Siang Tiong said the strategies have been carefully designed to strengthen the nation’s cyber defence system and underscore the country’s firm commitment to building a secure and trustworthy cyberspace.

Deputy Chair of the People's Consultative Assembly (MPR) Edhie Baskoro Yudhoyono in a meeting with the Indonesian Ambassador to Singapore, Suryo Pratomo, at the Indonesian Embassy in Singapore on April 23. (Photo: ANTARA)

Indonesia emphasises ASEAN’s role in anchoring regional peace, balance

Speaking at a meeting with Indonesian Ambassador to Singapore Suryo Pratomo on April 23, Yudhoyono said that Indonesia and Singapore must increase collaboration in the Association of Southeast Asian Nations (ASEAN) as an anchor for peace and balance, and maintain these good relations.

The article titled “Cambodia and Vietnam are developing together in the new era” published on Khmer Times on April 23 (Screenshot photo)

Vietnam, Cambodia advance together in new era: Cambodian scholar

A Cambodian scholar has underlined the historical significance of Vietnam’s victory to liberate the South and reunify the nation on April 30, 1975, saying that it was a profoundly significant political event, and an unique and miraculous heroic epic for the Vietnamese, which encouraged and promoted the struggle for independence and freedom.

The increasing role of AI in identity verification through facial recognition has further driven demand for data centre services in the financial sector. (Photo: Bangkokpost)

Thailand's data centre services market to expand 8% in 2025

Data centre services are expected to account for 43.3% of the overall Thai data centre market this year, with the remainder coming from companies' investment in their own data centres, according to Kasikorn Research Centre (K-Research).

Singaporean Prime Minister, Lawrence Wong (R) (Photo: scmp.com)

Singapore launches election campaign

According to regulations, the campaign period will last until just before polling day on May 3. Political parties with six or more candidates are allowed to participate in two Political Party Broadcasts (PPBs) for the general election.

The Thai PM explains that the funds were allocated based on village size (Photo: The Nation)

Thailand releases 330 million USD to boost grassroots development

The village fund programme in Thailand has operated for over 20 years, circulating more than 300 billion THB (8.9 billion USD) to date. She credited the initiative to former PM Thaksin Shinawatra, which was continued and expanded by former PM Yingluck Shinawatra, in 2012 with additional budget allocations.

Thailand is working to promote high-value cruise tourism. (Source: BangkokPost)

Thailand promotes cruise tourism

Last year, Thailand recorded 162 cruise ship calls, carrying 379,036 passengers and 163,331 crew members, generating 1.89 billion THB (56.5 million USD) in revenue, a 6.9% increase from 2023. Leading source markets include Singapore, the UK, Malaysia, the US, and Germany.