World

Thailand officially takes over APEC chairmanship for 2022

Thailand on November 12 took over the rotating chairmanship of the Asia-Pacific Economic Cooperation (APEC) forum from New Zealand, with Prime Minister Prayut Chan-o-cha declaring the theme for the APEC Year 2022 as "Open. Connect. Balance." at a virtual ceremony.
Tran Ngoc Quang
Thailand officially takes over APEC chairmanship for 2022 ảnh 1Prime Minister of Thailand Prayut Chan-o-cha (Source: AFP/VNA)
Bangkok (VNA) – Thailand on November 12 tookover the rotating chairmanship of the Asia-Pacific Economic Cooperation (APEC) forum from New Zealand, with Prime Minister Prayut Chan-o-cha declaring the theme forthe APEC Year 2022 as "Open. Connect. Balance." at a virtual ceremony.

The Thai PM said that Thailand was honored to host the APECmeetings next year, and would continue to work and collaborate with the APECeconomies for common development.

He called on APEC economies to synergize strength anddetermination in realising the goal of creating an open, dynamic, resilientand peaceful APEC community for future generations.

He explained the theme of "Open. Connect.Balance," hoping for APEC to be "opened" to all opportunities,"connected" in every dimension, and "balanced" in allaspects.

During APEC Year 2022, Thailand will hostabout 100 meetings focusing on inclusive and sustainable growth, promoting abalance between the economy and the environment and facilitating trade andinvestment. The 29th APEC Economic Leaders’ Meeting is slated to be held inThailand in November 2022. The country is promoting the concept of Bio, Circular, andGreen Economy, known as the BCG Economy Model, as the driving force behindAPEC's priorities next year./.
VNA
#APEC#Thailand#APEC Year 2022#APEC chairmanship for 2022#New Zealand#BCG Economy Model#vietnam news agency#vietnamplus
Follow VietnamPlus

Related News

Economic growth in APEC region expected to be stable next year: report

Economic growth in APEC region expected to be stable next year: report

The economy of the Asia Pacific Economic Cooperation (APEC) region is forecast to grow by 6 percent this year and will settle at 4.9 percent in 2022, in anticipation of the unwinding of fiscal and monetary support measures, says a newly published report on economic trends in the Asia-Pacific.
Thailand to boost BCG exports

Thailand to boost BCG exports

The Commerce Ministry of Thailand has vowed to support exporters in trading bio-, circular and green (BCG) products which align with the global climate agenda and the world's megatrend that will focus more on BCG products.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.