Head of Russia-Vietnam intergovernmental committee announced
Deputy Prime Minister Maxim Akimov has been appointed as chairman of the Russian subcommittee of the Russia-Vietnam Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation.
Deputy Prime Minister of Russia Maxim Akimov (Photo: RIA Novosti)
Moscow (VNA) – Deputy PrimeMinister Maxim Akimov has been appointed as chairman of the Russian subcommitteeof the Russia-Vietnam Intergovernmental Committee for Economic-Commercial andScientific-Technological Cooperation.
Deputy PM Akimov will replace Deputy PM IgorShuvalov to hold the post, the Russian Government announced on August 13.
Akimov has worked as a member of the PresidentialCouncil for Strategic Development and Priority Projects since June 2016.
Vietnam and Russia establisheddiplomatic relations in 1950 and decided to elevate the relationship to thelevel of strategic partnership in 2001 and then to comprehensive strategicpartnership 11 years later.
Political ties between the two nations witha high level of trust have been enhanced through the regular exchange ofdelegations and bilateral meetings at all levels, and via the mechanism ofconsultation and strategic dialogue.
Vietnam-Russia economic, trade andinvestment ties have enjoyed dynamic development. After the free tradeagreement between Vietnam and the Eurasian Economic Union officially came intoeffect in October 2016, the trade value between the two countries has grown strongly,reaching 5.3 billion USD in 2017. The two nations are striving to lift thebilateral trade to 10 billion USD by 2020.
In terms of investment, besides thecooperation in the field of oil and gas, as of June 2018, Russia has 117 directinvestment projects in Vietnam with total registered capital of nearly 1billion USD. Meanwhile, Vietnam is operating 22 investment projects worth nearly3 billion USD in Russia.-VNA
Vietnamese Ambassador to Russia Ngo Duc Manh has praised the association of Vietnamese people in Russia for their active contributions to reinforcing and developing the two countries’ comprehensive strategic partnership.
The Vietnam-Russia Friendship Association has held many activities in various fields since the start of this year and become a bridge for cooperation in economy-trade, culture-education and science-technology between the nations, said its President Tran Binh Minh.
There is a Russian market in the heart of Ho Chi Minh City. The market sells the iconic dolls, souvenirs, and warm clothes from Russia, attracting crowds of foreign and domestic customers.
Vietnam and Russia need to actively seek new, highly feasible cooperation methods, which are beneficial to both sides, in a bid to create breakthroughs in bilateral relations, said Vietnamese Ambassador to Russia Ngo Duc Manh.
The handover ceremony was held at the Malaysian Embassy headquarters in Mexico City on August 8, with the presence of heads of diplomatic missions from ASEAN member states in Mexico.
Total trade between Indonesia and New Zealand in the first half of 2025 reached 963.23 million USD, an increase of 21.56% compared to 792.39 million USD in the same period last year. Of this amount, Indonesia's exports to New Zealand totaled 374.89 million USD, while imports 588.35 million USD
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Deputy Prime Minister of Russia Maxim Akimov (Photo: RIA Novosti) 
