Vietnam willing to connect ASEAN and EAEU: Deputy PM
Vietnam stands ready to work as a bridge to help Russia as well as the Eurasian Economic Union (EAEU) expand ties with the Association of Southeast Asian Nations (ASEAN), towards a trade and investment agreement between the two regions, a senior Vietnamese official said on September 4.
Deputy PM Trinh Dinh Dung speaks at the event. (Photo: VNA)
Moscow (VNA) – Vietnam stands ready to work as a bridge to help Russia aswell as the Eurasian Economic Union (EAEU) expand ties with the Association ofSoutheast Asian Nations (ASEAN), towards a trade and investment agreementbetween the two regions, a senior Vietnamese official said on September 4.
Deputy Prime Minister Trinh Dinh Dung said at a discussion within the fifthEastern Economic Forum in Russia’s Vladivostok city that during the tenure whenVietnam assumes the ASEAN Chairmanship, cooperation and economic, trade andinvestment links between the ten-member group and Russia, including the FarEastern region, are expected to experience new development orientations, contributingto peace, stability, development and prosperity in Asia-Pacific.
He reviewed milestones in cooperation between ASEAN and Russia and EAEU, withthe latest the signing of a memorandum of understanding on economiccollaboration between the grouping and the union on November 14, 2018.
The document has been seen as a dialogue foundation for the two sides todiscuss the possibility to expand cooperation across spheres, he said.
Last year, trade between ASEAN and EAEU reached about 23.15 billion USD, up 15percent year-on-year. Among ASEAN member countries, Vietnam, Singapore,Thailand and Indonesia are the union’s major trade partners.
Trade between Vietnam and EAEU stood at 6.1 billion USD in 2018, a rise of 103percent as compared with 2016.
To maintain the annual growth pace of trade between ASEAN and EAEU at about25-30 percent, the Deputy PM suggested Vietnamese and Russian Governments joinhands in implementing measure packages to help businesses optimise taxincentives, while signing special agreements to reduce non-tariff barriersrelating to technologies and quarantine.
The two countries should utilise their mutual trust and close ties to supportthe partnership between ASEAN and EAEU, he said, noting that the fruitfulimplementation of the FTA between Vietnam and EAEU would encourage othercountries to develop a similar deal between ASEAN and EAEU.
At the discussion, both Veronika Nikishina, Minister in charge of Trade of the Eurasian EconomicCommission, and Alexander Shokhin, President of the Russian Union ofIndustrialists and Entrepreneurs, lauded Vietnam’s pioneer role in the signingof the EAEU-Vietnam FTA.
They suggested concerned sides maximise incentives brought about by theagreement, and deal with issues regarding transport and logistics.-VNA
The ASEAN-Russia Commemorative Summit to mark the 20th anniversary of ASEAN-Russia dialogue partnership issued a Sochi Declaration, affirming their commitment to moving towards a strategic partnership
The free trade area (FTA) between the members of the Eurasian Economic Union (EAEU) and the Association of the Southeast Asian Nations (ASEAN) will be established in the next three years.
Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement (EAEU – Vietnam FTA) in more than one year and a half since it took effect.
Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement in more than one year and a half since it took effect.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Deputy PM Trinh Dinh Dung speaks at the event. (Photo: VNA) 
