Vietnam consistently builds ASEAN Economic Community

(VOV) - Vietnam together with other ASEAN countries gives top priorities to developing the ASEAN Economic Community (AEC).

The pledge was made at a seminar entitled “Upgrading Vietnam’s position towards AEC 2015 and beyond” in Hanoi on August 12 attended by many leading scholars and economists from the region.

The seminar aimed to share experience and initiatives to grasp advantages of the AEC to overcome challenges in the future, like migrant labourers, institutional making and regulation reform.

It provided a good chance for State agencies, private sectors and foreign experts to discuss important issues in ASEAN, such as developing small-and medium-sized enterprises (SMEs) and taking part in supply chain and international economic integration.

Deputy Minister of Industry and Trade Nguyen Cam Tu said in the context of looking toward forming the ASEAN community, particularly the AEC by 2015, this is a forum to review progress to date and how it has impacted the country’s economy.

ASEAN Secretary General Le Luong Minh said since joining the AEC, Vietnam has recorded economic strong growth through inner-bloc investment and export promotion.

From now to 2015 and post 2015, the ASEAN Community has many tasks to perform, particularly removing tariff barriers, enhancing investment appeal and bridging the development gap among regional countries, Minh said.

The seminar is part of the Economic Research Institute for ASEAN and East Asia (ERIA) capacity building programme which has been carried out since 2008 in Cambodia, Laos, Myanmar and Vietnam with a view to boosting integration among ASEAN member countries.

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