Deputy PM discusses problems facing ASEAN Economic Community

Deputy Prime Minister Vuong Dinh Hue discussed problems facing the ASEAN Economic Community with a delegation from the Economic Research Institute for ASEAN and East Asia (ERIA) during a reception in Hanoi on July 18.

Deputy Prime Minister Vuong Dinh Hue (R) and ERIA President Hidetoshi Nishimura
The Deputy PM thanked ERIA for coordinating with the Vietnamese Foreign Ministry to hold a seminar entitled “50 years of ASEAN: ASEAN Economic Community – opportunities for Vietnamese enterprises” scheduled for July 19. 

He wished that ERIA experts would share research results with the Vietnamese government, especially those regarding the Comprehensive Plan to build ASEAN Economic Community (AEC) 2025. 

Mentioning the future of ASEAN and ASEAN Economic Community (AEC), Hue expressed concern about possible risks and conflict regarding exchange rates as the Community has no common currency and fiscal year. He cited the unstable of some currencies in the community, and urged ERIA to research an appropriate orientation for the AEC in the matter.  

The Deputy PM also discussed the connectivity between ASEAN and the East Asia, the role of Japan and several East Asian countries in connecting Vietnam and East Asia as well as negotiations on the Regional Comprehensive Economic Partnership (RCEP). 

Other issues of Vietnam’s concern included the emerging trend of trade protection, trade facilitation, technical barriers, fraud prevention, among others. 

ERIA President Hidetoshi Nishimura said ERIA will work closely with the Vietnamese government, Foreign Ministry, ministries and agencies concerned to ensure that Vietnam will successfully assume the role of ASEAN Chair by 2020.

The delegation shared research results about ASEAN Economic Community and Vietnam in particular, future orientations and challenges. 

They lauded Vietnam for succeeding in administrative reform and improving private sector’s involvement in policy reform.
Mời quý độc giả theo dõi VOV.VN trên

Related

Vietnam attends seminar on ASEAN-Latin America relations
Vietnam attends seminar on ASEAN-Latin America relations

VOV.VN - The Argentine Council for International Relations held on July 13 a seminar on promoting ties between the ASEAN and Latin America in Buenos Aires, Argentina.

Vietnam attends seminar on ASEAN-Latin America relations

Vietnam attends seminar on ASEAN-Latin America relations

VOV.VN - The Argentine Council for International Relations held on July 13 a seminar on promoting ties between the ASEAN and Latin America in Buenos Aires, Argentina.

Japan affirms to deepen ties with ASEAN
Japan affirms to deepen ties with ASEAN

Japanese Foreign Minister Fumio Kishida stated that Japan will deepen its cooperation with ASEAN at a lunch meeting with Ambassadors of the bloc’s member states on July 11 on the occasion of ASEAN’s 50th founding anniversary (August 8, 1967 - 2017).

Japan affirms to deepen ties with ASEAN

Japan affirms to deepen ties with ASEAN

Japanese Foreign Minister Fumio Kishida stated that Japan will deepen its cooperation with ASEAN at a lunch meeting with Ambassadors of the bloc’s member states on July 11 on the occasion of ASEAN’s 50th founding anniversary (August 8, 1967 - 2017).

Vietnam hosts ASEAN+3 junior science event for first time
Vietnam hosts ASEAN+3 junior science event for first time

Talented students, teachers and observers are taking part in the sixth ASEAN Plus Three Junior Science Odyssey (APT JSO-6) which is underway in Vietnam for the first time with the theme “Renewable Energy For Life”.

Vietnam hosts ASEAN+3 junior science event for first time

Vietnam hosts ASEAN+3 junior science event for first time

Talented students, teachers and observers are taking part in the sixth ASEAN Plus Three Junior Science Odyssey (APT JSO-6) which is underway in Vietnam for the first time with the theme “Renewable Energy For Life”.