ASEAN is a peaceful region, which makes it a conducive location for foreign direct investment and business ventures that can come from across the globe, said the chief economist of Bank Muamalat Malaysia Berhad.
Throughout 28 years of membership, the economic-trade ties between Vietnam and ASEAN members have grown tremendously, both in scope and depth. In 2022, Vietnam-ASEAN trade reached a record high, exceeding 80 billion USD, compared with 6 billion USD in 1996 when it first joined the ASEAN Free Trade Area (AFTA).
Former Cuban Ambassador to Vietnam Fredesman Turro Gonzalez has grieved the passing way of former Deputy Prime Minister Vu Khoan, who he described as a sincere friend of Cuba.
Russian experts have highly valued the role and strategic position of ASEAN in the region and in the world, particularly given recent global fluctuations.
Indonesian Minister of Law and Human Rights Yasonna Laoly has urged ASEAN nations to strengthen legal integration in order to get their voices heard in the international community.
The Ministry of Industry and Trade (MoIT) has proposed the Government promulgate regulations on Vietnamese goods and ‘Made in Vietnam’ products as there are no specific rules on the issue.
Lao authorities have reduced import tariffs on 8,536 products from ASEAN member countries to zero percent as part of efforts to establish the ASEAN Free Trade Area.
After 23 years joining the Association of Southeast Asian Nations (ASEAN), Vietnam’s economy has connected closely with the bloc’s economy, especially after the ASEAN Economic Community (AEC) was set up in late 2015, said Minister of Industry and Trade Tran Tuan Anh.
The 50th ASEAN Economic Ministers (AEM 50) Meeting and Related Meetings kicked off in Singapore on August 29 with the participation of economic leaders from 10 ASEAN member states and partner countries.
