Vietnam joins ASEAN meetings with financial, monetary partners
Minister of Finance Ho Duc Phoc and Deputy Governor of the State Bank of Vietnam Pham Quang Dung attended meetings between ASEAN finance ministers and central bank governors and the EU-ASEAN Business Council (EU-ABC), the US- ASEAN Business Council (US ABC), and the APEC Business Advisory Council (ABAC) in Laos on April 4.
Luang Prabang (VNA)– Minister of Finance Ho Duc Phoc and Deputy Governor of the State Bank ofVietnam Pham Quang Dung attended meetings between ASEAN finance ministers and central bank governorsand the EU-ASEAN Business Council (EU-ABC), the US- ASEAN Business Council (US ABC), and the APEC Business AdvisoryCouncil (ABAC) in Laos on April 4.
Participants exchanged views on relatedregional and global issues such as green finance and Fintech, digitaltransformation, and cross-border digital payment connection.
They took note of the important role and contributions of partners in ASEAN'sbusiness sectors in supporting the bloc’s initiatives to promote the regionaleconomic agenda towards sustainable, resilient, and comprehensive growth.
The Vietnamese side introduced the country's monetary policy and monetarycooperation initiatives, affirming that finance and green growth are one ofVietnam's top priorities.
Vietnam is working to legislate its international commitments on responding toclimate change to finalise a harmonious legal corridor to encourage and createbreakthroughs in attracting capital flows and green finance from internationalpartners into Vietnam.
The country has also accelerated administrativereform and digital transformation, and developed many new utilities to serveusers.
They spoke highly of efforts by the ASEANbusiness community in promoting financial flows within the region, expressingtheir belief that the community will continue to contribute importantrecommendations so as to perfect the regulatory system and financial marketinfrastructure, towards luring more investment capital flows to the region,including Vietnam./.
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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.
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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.
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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).
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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 delegates at a meeting (Photo: VNA)
