Representatives from countries in the Asia-Pacific region gathered in Melbourne, Australia on June 27 for negotiations of the Regional Comprehensive Economic Partnership (RCEP).
Australian Trade Minister Simon Birmingham (Photo: AAP)
Sydney (VNA) – Representatives from countries inthe Asia-Pacific region gathered in Melbourne, Australia on June 27 fornegotiations of the Regional Comprehensive Economic Partnership (RCEP).
Speaking to the media prior to the negotiation, AustralianTrade Minister Simon Birmingham said that all 16 countries engaging in the RCEPwill have secret talks on the contents of RCEP, one of the trade deal with greatesteconomic significance in the world.
He underlined that over the past years, the increase of globaltrade regulations has created economic miracles for Australia.
Although the country cannot help deal with the US-Chinatrade tension, it will seek new trade opportunities through promoting thesigning of multilateral agreements, he stated.
The minister said that Australia hopes that with the effortsof Australia and other countries in the region, the RCEP negotiations can beconcluded within this year.
Earlier, Malaysian Prime Minister Mahathir Mohamad, ThaiPrime Minister Prayut Chan-o-cha and Indonesian Trade Minister EnggartiastoLukita showed their support to the idea that RCEP negotiations should befinished before the US-China trade tension escalates and causes long-termeconomic damage.
RCEP is considered one of the biggest trade deals in theworld, involving China, India, Japan, the Republic of Korea, Australia, NewZealand, and 10 ASEAN countries, which is home to 45 percent of the worldpopulation.
The combinedgross domestic product of the RCEP members accounts for up to 28 percent of theglobal GDP and 30 percent of the world trade value.-VNA
ASEAN economic ministers gathered at the 25th ASEAN Economic Minister Retreat (AEM Retreat) in Phuket, Thailand on April 23 to discuss the conclusion of negotiations for the Regional Comprehensive Economic Partnership (RCEP) at the end of this year, as well as the completion of the ASEAN Single Window (ASW).
The Ministry of Industry and Trade and the Vietnam Chamber of Commerce and Industry jointly held a workshop in Hanoi on May 23 to inform enterprises on the Regional Comprehensive Economic Partnership (RCEP).
Deputy Minister of Industry and Trade Tran Quoc Khanh attended a special ASEAN Economic Ministers' Meeting on the Regional Comprehensive Economic Partnership (RCEP) in Bangkok on June 22.
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.
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.
Australian Trade Minister Simon Birmingham (Photo: AAP) 
