India-ASEAN connectivity scrutinised

Speakers from India, Vietnam, Thailand, Malaysia and Laos discussed trade and geopolitical connectivity between Indian and ASEAN at a recent video conference, during which they said that the two sides have stayed closed in numerous fields.
India-ASEAN connectivity scrutinised ảnh 1Minister of Information and Communications Nguyen Manh Hung (fourth from right) presents medical supplies to Indian Ambassador to Vietnam Pranay Verma (Source: VNA)

New Delhi (VNA) – Speakers from India, Vietnam, Thailand, Malaysia andLaos discussed trade and geopolitical connectivity between Indian and ASEAN ata recent video conference, during which they said that the two sides havestayed closed in numerous fields.

Scholars from ASEANall affirmed that India is a good friend and close partner. Parties involved,they suggested, should work together to consolidate bilateral relations andfoster people-to-people diplomacy.

Faisal Ahmed, anAssociate Professor of international business at FORE School of Management inNew Delhi, evaluated that ASEAN is a region which is progressive in economy andrich in culture and holds important geopolitical significance.

Merchandise tradebetween India and ASEAN reached 97 billion USD during 2018-2019 and theirservice trade was valued at 45 billion USD.

At the conference,scholars also appreciated Vietnam’s achievements in the fight against theCOVID-19 pandemic, with few patients and no fatality.

Le Van Toan, FoundingDirector of the India Research Centre under the Ho Chi Minh National Academy ofPolitics, said that Vietnam has made responsible contributions to globalissues.

Amid the COVID-19outbreaks, Vietnam has not only shared disease prevention experience with othercountries but also provided medical equipment and supplies for many nations,including India.

He suggested studyingcultural traditions which have formed the Vietnam-India relations over the pastyears./.
VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

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.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

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.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

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.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

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).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

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).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

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.