ASEAN leaders determined to turn Southeast Asia into epicentre of growth
Leaders of member states of the Association of Southeast Asian Nations (ASEAN) affirmed their determination to turn Southeast Asia into a centre of regional economic growth and an engine for global growth through robust cooperation.
Jakarta (VNA) - Leaders of member states of the Association of Southeast Asian Nations (ASEAN) affirmed their determination to turn Southeast Asia into a centre of regional economic growth and an engine for global growth through robust cooperation.
At the 42nd ASEAN Summit in Labuan Bajo, Indonesia, from May 9-11, the ASEAN leaders committed to realising ASEAN as an epicentre of growth through increasing investment in human resources development; strengthening regional health security architecture; scaling-up cooperation and partnership in addressing climate change and environmental issues; and and enhancing disability-inclusive development.
The Chairman’s Statement approved at the summit stated that these goals will be realised through strong cooperation to ensure that ASEAN remains relevant, competitive, forward-looking, resilient, and responsive to future regional and global challenges, as well as to strengthen the region’s capacity as the epicentre of growth.
The ASEAN leaders reaffirmed their commitment to continue deepening ASEAN economic integration, enhancing intra-ASEAN trade and investment, strengthening supply chain connectivity, and enhancing the implementation of the ASEAN Economic Community (AEC) Blueprint 2025 to achieve an economically integrated, competitive, connected, resilient, sustainable, and inclusive region.
They also welcomed Indonesia’s Priority Economic Deliverables (PEDs) and flagship initiatives under its chairmanship, which anchored on the three strategic thrusts of Recovery and Rebuilding, Digital Economy, and Sustainability aim to address the immediate challenges in ensuring the region’s recovery and rebuilding post-pandemic, and further the momentum for ASEAN as an epicentre of growth through inclusive digital economy integration, sustainable economic development, financial stability, energy security, and food security as well as accelerate the implementation of the ASEAN Outlook on the Indo-Pacific (AOIP)./.
Prime Minister Pham Minh Chinh, together with leaders of other ASEAN member states, discussed regional and global issues, at a retreat session of the 42nd ASEAN Summit in Labuan Bajo, Indonesia, on May 11.
Prime Minister Pham Minh Chinh showed Vietnam’s efforts and wishes to work with other ASEAN member states in building the identity, value, vitality and reputation of the regional bloc and deepen Vietnam's relations with them, while attending activities within the framework of the 42nd ASEAN Summit in Indonesia from May 9-11.
The 42nd ASEAN Summit in Labuan Bajo, Indonesia, has adopted the Leaders’ Declaration on Advancing Regional Payment Connectivity and Promoting Local Currency Transaction.
The 42nd ASEAN Summit concluded on May 11 after three days of meetings, with leaders approving many documents in all three key pillars of political security, economy, and socioculture.
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.
At the 42nd ASEAN Summit's retreat (Photo: VNA)
