Vietnam chairs discussion of ESCAP committee on macroeconomic policy
Vietnamese Ambassador to Thailand Phan Chi Thanh, who is also Permanent Representative of Vietnam to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), chaired the final discussion of the fourth session of ESCAP’s Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development on November 3.
Vietnamese Ambassador to Thailand Phan Chi Thanh chairs a discussion of the fourth session of ESCAP’s Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development. (Photo: VNA)
Bangkok (VNA) – Vietnamese Ambassador to Thailand Phan Chi Thanh, who isalso Permanent Representative of Vietnam to the United Nations Economic andSocial Commission for Asia and the Pacific (ESCAP), chaired the finaldiscussion of the fourth session of ESCAP’s Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development onNovember 3.
During the three-day session in Bangkok,countries shared the view that the world and the region are encountering many macro-economicchallenges, including a slow growth outlook, soaring inflation and interest rates,tightened fiscal policies, the shortage of public funding sources for sustainabledevelopment, and risks of a debt crisis in many countries.
Given that context, participants discussedmeasures on enhancing the sustainability of public debts and boosting sustainablefinance to secure sustainable development goals and climate actions in theAsia-Pacific region.
Under the chair ofAmbassador and Permanent Representative Thanh, the session adopted sixrecommendations and two decisions.
In particular,participants proposed the ESCAP Secretariat continue implementing studies,supporting capacity building, promoting dialogue, and sharing information andexperience in sustainable finance and public debts with member countries. They calledfor creating conditions for regional and sub-regional cooperation mechanisms tonarrow the shortage of funding sources; helping resolve macro-economic policyissues and debt crises, and increasing investment in sustainable development; andpromoting coordination with the consulting group on finance provision for sustainabledevelopment strategies to elevate the mechanism on sharing policies andexperience related to macro-economic challenges and sustainable financeissues.
The closing sitting of the fourth session of ESCAP’s Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development on November 3 (Photo: VNA)
This wasthe third time Vietnam had been elected to the executive boards of majorconferences of ESCAP over the last two years, affirming Vietnam's increasing role and contributions to the forum.
ESCAP is the mostinclusive intergovernmental platform in the Asia-Pacific region, comprising with 53 official member states and nine associate members. It supportssocio-economic development and the implementation of the UN’s 2030 Agenda for SustainableDevelopment in the region.
Meanwhile,the Committee on Macroeconomic Policy, PovertyReduction and Financing for Development, onethe nine specialised committees of ESCAP, convenes annual sessions to look intomeasures for helping countries build policies on economic development and mobilisationof finance and resources for sustainable development./.
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Association of Southeast Asian Nations (ASEAN) convened a meeting in New York on July 7 to seek measures to speed up the implementation of Sustainable Development Goals (SDGs) and strengthen their partnership.
Vietnamese Deputy Minister of Foreign Affairs Do Hung Viet is attending the 79th session of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) that is being held in Bangkok, Thailand, on May 15 and 16, with the participation of nearly 650 delegates from 49 countries and territories as well as regional and international organisations.
Minister of Foreign Affairs Bui Thanh Son affirmed on July 3 that Vietnam attaches great importance to cooperation with the United Nations (UN) in general and the UN Economic and Social Commission for Asia and the Pacific (ESCAP) in particular.
Prime Minister Pham Minh Chinh on July 3 suggested the United Nations (UN) and its Economic and Social Commission for Asia and the Pacific (ESCAP) in particular carry forward their strengths to support member countries, including Vietnam, in socio-economic development policy making and enforcement.
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.
Vietnamese Ambassador to Thailand Phan Chi Thanh chairs a discussion of the fourth session of ESCAP’s Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development. (Photo: VNA) 
The closing sitting of the fourth session of ESCAP’s Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development on November 3 (Photo: VNA) 
