APEC adopts guidelines on infrastructure investment
The Asia-Pacific Economic Cooperation (APEC) forum on November 15 adopted new guidelines on the quality of infrastructure development and investment, with all 21 economies agreeing to take into consideration recipients’ ability to pay back loans for such funding.
Hanoi (VNA) - The Asia-PacificEconomic Cooperation (APEC) forum on November 15 adopted new guidelines on thequality of infrastructure development and investment, with all 21 economies agreeingto take into consideration recipients’ ability to pay back loans for suchfunding.
JapaneseEconomy, Trade and Industry Minister Hiroshige Seko said after a meeting ofAPEC foreign and trade ministers in Papua New Guinea that the guidelinescall for openness, transparency, cost-effectiveness and fiscal soundness ofrecipients as international standards for quality infrastructure financing.
Theagreement comes at a time when countries such as SriLanka and Pakistanare saddled with massive debts after signing a series of big loan agreements,mostly from China.
The APECministers also affirmed the importance of upholding the free trade systemdespite concerns about US President Donald Trump’s “America First” tradepolicy.
They agreedto strengthen the role of the World Trade Organisation (WTO) as part of effortsto further promote the rules-based multilateral trading system.
Speaking toreporters separately, Foreign Minister Taro Kono said the ministers agreed tofurther liberalise trade and investment within the APEC economies.
During themeeting, Kono called for an early conclusion of negotiations for the RegionalComprehensive Economic Partnership (RCEP), a day after 16 members of the Asianfree trade agreement failed to reach the deal by a year-end deadline.
He underscoredthe significance of the Comprehensive andProgressive Agreement forTrans-Pacific Partnership (CPTPP), which is expected to come intoforce on December 30, saying the deal will help maintain and strengthen thefree trade system.
The meetingtook place before the APEC Economic Leaders’ Meeting slated for November 17-18in Papua New Guinea.-VNA
Vietnam became an official member of the Asia-Pacific Economic Cooperation (APEC) on November 14, 1998, an important milestone in the implementation of its foreign policy.
This year has been significant for the Asia-Pacific Economic Cooperation (APEC) partnership, with the forum focusing on promoting regional and global economic integration.
The Asia-Pacific, and in particular the Asia-Pacific Economic Cooperation (APEC), has remained a focus of Vietnam’s foreign policy, Deputy Prime Minister and Foreign Minister Pham Binh Minh said at the 30th Ministerial Meeting in Port Moresby, Papua New Guinea, on November 15.
Deputy Prime Minister and Foreign Minister Pham Binh Minh met with many foreign officials from members of the Asia-Pacific Economic Cooperation (APEC) forum at the 30th Ministerial Meeting in Port Moresby, Papua New Guinea, on November 15.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
At the 30th APEC Ministerial Meeting (Photo: VNA) 
