Vietnamese Minister of Industry and Trade Tran Tuan Anh (Source: VNA)
Hanoi (VNA) – The 9th AEM-Canada Consultationstook place on August 29 within the framework of the 52nd ASEAN EconomicMinisters’ Meeting (AEM-52).
Vietnamese Minister of Industry and Trade Tran Tuan Anh andCanadian Minister of Small Business, Export Promotion and International TradeMary Ng co-chaired the virtual event.
Participating ministers evaluated growth in trade exchangeand investment between the two sides when two-way trade reached 17.1 billionUSD and Canada’s investment in ASEAN hit 3.2 billion USD last year.
These figures helped Canada become ASEAN’s ninth biggesttrader and fifth largest investor, they noted.
They acknowledged positive progresses in implementing a planwithin the framework of the ASEAN-Canada Joint Statement on Trade andInvestment in the 2016-2020 period, and approved another plan for 2021-2025with extensive commitments.
They appreciated main outcomes of the fourth trade policydialogue between the bloc and Canada held on June 8-12, with the focus onGovernment procurement, labour, environment and State-owned enterprises.
The ministers also hailed both sides’ efforts towardsnegotiations on a bilateral trade agreement in the time ahead, while showingconcerns over negative impact of the COVID-19 pandemic on people’s lives andeconomic development in the region and over the globe.
They pledged to continue opening the market and boostinginvestment to encourage the circulation of essential goods and services.
They also agreed not to apply protection measures, includingnon-tariff measures that negatively affect the flow of essential goods andservices in the coming time to join hands in fighting the pandemic./.
Economic ministers from member states of the Association of Southeast Asian Nations (ASEAN) and China on August 27 welcomed the robust growth of bilateral trade and investment despite impacts of the COVID-19 pandemic.
Economic ministers from ASEAN member countries, Australia, China, India, Japan, the Republic of Korea, New Zealand, Russia and the US held met virtually on August 28 for the eighth meeting (EAS EMM) as part of the 52nd meeting of the 52nd ASEAN Economic Ministers (AEM-52) and relevant meetings.
The Economic Ministers of ASEAN member states and their partner countries on August 28 emphasised the importance of further strengthening regional economic cooperation and promoting economic growth post COVID-19.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Vietnamese Minister of Industry and Trade Tran Tuan Anh (Source: VNA)
