Vietnam willing to connect ASEAN and EAEU: Deputy PM
Vietnam stands ready to work as a bridge to help Russia as well as the Eurasian Economic Union (EAEU) expand ties with the Association of Southeast Asian Nations (ASEAN), towards a trade and investment agreement between the two regions, a senior Vietnamese official said on September 4.
Deputy PM Trinh Dinh Dung speaks at the event. (Photo: VNA)
Moscow (VNA) – Vietnam stands ready to work as a bridge to help Russia aswell as the Eurasian Economic Union (EAEU) expand ties with the Association ofSoutheast Asian Nations (ASEAN), towards a trade and investment agreementbetween the two regions, a senior Vietnamese official said on September 4.
Deputy Prime Minister Trinh Dinh Dung said at a discussion within the fifthEastern Economic Forum in Russia’s Vladivostok city that during the tenure whenVietnam assumes the ASEAN Chairmanship, cooperation and economic, trade andinvestment links between the ten-member group and Russia, including the FarEastern region, are expected to experience new development orientations, contributingto peace, stability, development and prosperity in Asia-Pacific.
He reviewed milestones in cooperation between ASEAN and Russia and EAEU, withthe latest the signing of a memorandum of understanding on economiccollaboration between the grouping and the union on November 14, 2018.
The document has been seen as a dialogue foundation for the two sides todiscuss the possibility to expand cooperation across spheres, he said.
Last year, trade between ASEAN and EAEU reached about 23.15 billion USD, up 15percent year-on-year. Among ASEAN member countries, Vietnam, Singapore,Thailand and Indonesia are the union’s major trade partners.
Trade between Vietnam and EAEU stood at 6.1 billion USD in 2018, a rise of 103percent as compared with 2016.
To maintain the annual growth pace of trade between ASEAN and EAEU at about25-30 percent, the Deputy PM suggested Vietnamese and Russian Governments joinhands in implementing measure packages to help businesses optimise taxincentives, while signing special agreements to reduce non-tariff barriersrelating to technologies and quarantine.
The two countries should utilise their mutual trust and close ties to supportthe partnership between ASEAN and EAEU, he said, noting that the fruitfulimplementation of the FTA between Vietnam and EAEU would encourage othercountries to develop a similar deal between ASEAN and EAEU.
At the discussion, both Veronika Nikishina, Minister in charge of Trade of the Eurasian EconomicCommission, and Alexander Shokhin, President of the Russian Union ofIndustrialists and Entrepreneurs, lauded Vietnam’s pioneer role in the signingof the EAEU-Vietnam FTA.
They suggested concerned sides maximise incentives brought about by theagreement, and deal with issues regarding transport and logistics.-VNA
The ASEAN-Russia Commemorative Summit to mark the 20th anniversary of ASEAN-Russia dialogue partnership issued a Sochi Declaration, affirming their commitment to moving towards a strategic partnership
The free trade area (FTA) between the members of the Eurasian Economic Union (EAEU) and the Association of the Southeast Asian Nations (ASEAN) will be established in the next three years.
Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement (EAEU – Vietnam FTA) in more than one year and a half since it took effect.
Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement in more than one year and a half since it took effect.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
Deputy PM Trinh Dinh Dung speaks at the event. (Photo: VNA) 
