The PHD Chamber of Commerce and Industry (PHDCCI) of India is hosting the first India-ASEAN Business Summit in New Delhi from November 11-12 as part of efforts to enhance cooperation between the country and the Southeast Asian bloc.
New Delhi (VNA) – The PHD Chamber of Commerce andIndustry (PHDCCI)of India is hosting the first India-ASEAN Business Summit in New Delhi from November11-12 as part of efforts to enhance cooperation between the country and the SoutheastAsian bloc.
The summit has welcomed the participation of officials and policy makersfrom India and ASEAN member nations, representatives of internationalorganisations and enterprises from the two sides.
It aims to further foster trade and investment collaboration between India andASEAN, and offer an opportunity for the two sides’ enterprises to enhancepartnerships, expand markets and sign cooperation agreements, thus contributingto removing trade barriers.
During working sessions within the framework of the summit, participants havefocused their discussions on the fields of IT, e-commerce and fintech,infrastructure, health and pharmaceuticals, education and skills development,culture and tourism, and agriculture and food processing.
Inhis opening speech, Ajay Poddar, Chairman of the International AffairsCommittee for ASEAN, East Asia & Oceania under PHDCCI, said ASEAN plays avital role in India’s foreign policy, and the ASEAN-India cooperation isextremely important in the context of the global economic depression.
According to Ajay, the connection of the two economies will create a market ofnearly 2 billion people with a total GDP of over 5 trillion USD.
Meanwhile, Thai Ambassador to India Chutintorn Gongsakdi said he isoptimistic about prospects for economic growth in India and ASEAN, saying thatthe two regions are among the most dynamic economies in the world.
He said the two sides need to change business methods, enhance transportinfrastructure connection, and apply digital technologies, thus expanding theircooperation.
ASEAN has become one of the biggest trade partners of India. Two-way trade increasedremarkably to nearly 81 billion USD in 2017-2018 from 45.34 billion USD in 2008-2009.The two sides aim to lift trade to 200 billion USD by 2022./.
Indian Prime Minister Narendra Modi has said that his trip to the Philippines for the India-ASEAN Summit shows the country's commitment to deepening ties with the ASEAN member states and the Indo-Pacific region as part of his “Act East Policy”.
The ASEAN-India Connectivity Summit kicked off in India’s capital city of New Delhi on December 11 under the theme of “Powering digital and physical linkages for Asia in the 21st century.”
Enhancing ties in counter-terrorism, security and trade will top the agenda at the India-ASEAN Summit that will see the participation of leaders from all ten ASEAN countries to mark the 25th anniversary of India-ASEAN Dialogue Partnership.
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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.
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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.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
At the summit (Source: VNA) 
