Vietnam attends first Asia-Europe Economic and Business Forum
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan represented Vietnam to attend the first Asia-Europe Economic and Business Forum (AEEBF1), one of the side events of the 13th summit of the Asia-Europe Meeting (ASEM 13), held via video teleconference on November 24.
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan attends the first Asia-Europe Economic and Business Forum (AEEBF1) virtually from Hanoi. (Photo: VNA)
Hanoi (VNA) – Deputy Minister of Industry andTrade Nguyen Sinh Nhat Tan represented Vietnam to attend the first Asia-Europe Economic and Business Forum (AEEBF1), one of the side events of the13th summit of the Asia-Europe Meeting (ASEM 13), held via video teleconference onNovember 24.
Themed “Transitioning to a New Normal: Leveraging GlobalValue Chains, Multilateralism and the 4IR,” the event was hosted by Cambodia’sMinistry of Commerce under the support of the Council for the Development ofCambodia (CDC), the Asia-Europe Foundation (ASEF) and other partners.
It brought together policymakers, economists and academics aswell as representatives from nearly 500 corporations from 53 countries all overthe world.
Cambodian Prime Minister Hun Sen speaks at the AEEBF1 from Phnom Penh. (Photo: VNA)
The event, initiated by Cambodia, the host country of ASEM 13, addressed a variety of topics, for example, theadvancement of digitalization fostering global value chains and itsconsequences; impacts of the COVID-19 pandemic on trade, investment and economyand the post-pandemic economic recovery; and the significant roles of themultilateral trading system and free trade agreements in the Fourth IndustrialRevolution (4IR) and the New Normal.
Speakers also discussed new growth opportunities for globaltrades and businesses, particularly start-ups and macro-, small- andmedium-sized enterprises (MSMEs), in light of new technology and digitalizationin the 4IR, with governments’ on-going adjustments and reforms; and investmentin green infrastructure and green business to adapt to climate change anddisaster management, thus building resilience to crises and ensuringsustainability and socio-economic development.
The ASEM 13 will take place in Cambodia on November 25 – 26./.
The 13th summit of the Asia-Europe Meeting (ASEM) will be held on November 25-26 via videoconference under the chair of Cambodian Prime Minister Samdech Techo Hun Sen, according to local media.
Prime Minister Pham Minh Chinh will attend the 13th summit of the Asia-Europe Meeting (ASEM 13) via video conference from November 25-26, according to a statement of the Ministry of Foreign Affairs.
Prime Minister Pham Minh Chinh’s attendance in the 13th Asia - Europe Meeting (ASEM) Summit and related events will show the importance Vietnam attaches to ASEM and affirm the country’s stature in this forum.
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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).
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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.
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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 Minister of Industry and Trade Nguyen Sinh Nhat Tan attends the first Asia-Europe Economic and Business Forum (AEEBF1) virtually from Hanoi. (Photo: VNA)
Cambodian Prime Minister Hun Sen speaks at the AEEBF1 from Phnom Penh. (Photo: VNA)
