Vietnam’s 12 priorities as ASEAN Chair in 2020 were approved by other member countries at the 26th ASEAN Economic Ministers (AEM) Retreat and the ASEAN Business Advisory Council (ASEAN-BAC) Consultation Meeting on March 10.
The ASEAN Business Advisory Council (ABAC) proposed initiatives to promote ASEAN investment through trade facilitation at the ASEAN Economic Ministers (AEM) and ABAC Consultation in Vietnam’s central city of Da Nang on March 10.
A preparatory senior economic officials' meeting for the 26th ASEAN Economic Ministers’ Retreat (PREP-SEOM for the 26th AEM Retreat) was held in Da Nang city on March 8.
Vietnam has emerged as one of the fastest growing economies and the shining stars of ASEAN, and dual diplomatic responsibility in 2020 offers rare opportunity for Vietnam, according to an Eurasia Review analysis.
The issue of labor shortage is becoming more severe as Vietnam is a member of ASEAN Economic Community (AEC) and is joining in a number of next generation free trade agreements.
Ever since the ASEAN Economic Community was established at the end of 2015, businesses in Vietnam have been gradually capitalising on the bloc’s import tariff cuts to swell their exports, helping to narrow down an on-going trade deficit between Vietnam and other ASEAN markets.
The 33rd ASEAN Summit, slated for November 13-15 in Singapore, will focus on strengthening intra-bloc cooperation and connections, building a resilient and innovative ASEAN Community and sketching out ASEAN orientations for following years.
VOV.VN - Since Vietnam joined the ASEAN Economic Community (AEC), it has promoted its role and sought opportunities to penetrate ASEAN markets.
Nearly three years after the establishment of the ASEAN Economic Community (AEC), Vietnamese goods are still struggling to enter the ASEAN market, while products imported from other regional countries, mainly Thailand, have crowded the local shelves.
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.
Two and a half years have elapsed since the ASEAN Economic Community was established and businesses in Vietnam are taking advantage of the bloc’s import tariff cuts to expand their exports, aiming to narrow the trade deficit between Vietnam and ASEAN.
VOV.VN - The ASEAN Economic Community (AEC) is expected to lead to the creation of a huge labour market, offering a wealth of opportunities for skilled workers who are free to work in different ASEAN countries.
Vietnam’s husbandry sector has felt the heat from foreign agricultural firms who are taking advantage of import tariff removal from the ASEAN Economic Community and the ASEAN-China Free Trade Agreement this year.
With Christmas coming, Thai-based Kasikorn Bank has set its sights higher than just gaining a strong foothold in Vietnam – it also has an eye on the local bad debts market.
Malaysian investors are keen on Vietnam’s fast-moving consumer goods segment, which enjoys significant growth in both online and offline retail.
The oil and gas sector needs to adjust its production and business strategy so that it could compete with foreign rivals locally and internationally, said participants at a seminar in Hanoi on September 26.
Vietnam proposed a resolution on strengthening intra-regional cooperation to build an ASEAN Economic Community (AEC) of equal development and inclusive growth at the second plenary session of the 38th ASEAN Inter-Parliamentary Assembly (AIPA) General Assembly in the Philippines on September 19.
The Mekong Delta city of Can Tho wants to capitalise on chances in economic activities with ASEAN, especially the ASEAN Economic Community (AEC), Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam has said.
Capital movements across the Southeast Asian region have begun to take shape, evidenced by the growing interest in international investment.
Since the establishment of the ASEAN Economic Community (AEC), Vietnam has become a potential market for regional retailers, which promotes the development of the domestic retail sector, but also alerts domestic enterprises to watch out and continuously improve to not fall behind.