ASEAN finance ministers work to promote regional investment
Finance ministers from ASEAN member nations gathered at a seminar in Jakarta, Indonesia, on November 15 to discuss investment opportunities in the region.
Jakarta (VNA) -ꦫ Finance ministers from ASEAN member nations gathered at a seminar in Jakarta, Indonesia, on November 15 to discuss investment opportunities in the region.
Themed “ASEAN: Dynamic, Resilient and Inclusive Growth”, the 11th ASEAN Finance Minister’s Investor Seminar (AFMIS) brought together the ASEAN finance ministers and investors in and outside the region.
Addressing the plenary session, Vietnamese Deputy Finance Minister Do Hoang Anh Tuan shared his views on challenges facing Vietnam and other regional countries and put forth possible solutions to the issues.
These measures include the promotion of regional and international integration and economic reform to boost competitiveness and attract investment in the long term, which were widely supported officials and investors at the event.
He also mentioned three major challenges of the global economy, which consist of its uncertain recovery from a periodical downturn, political instability and climate change impacts.
Right after the opening ceremony, heads of delegation held a dialogue with investors.
ASEAN is now the 7 th biggest economy in the world with a combined GDP of 2,500 billion USD and a population of more than 600 million.-VNA
ASEAN and the Republic of Korea (RoK) have huge potential to step up their comprehensive economic cooperation in the coming time, experts said at the ASEAN – RoK economic partnership forum.
The fourth Meeting of Mayors and Governors of ASEAN Capital Cities opened in Vientiane on November 15 in Vientiane, Laos, focusing on the commitments and responsibilities of ASEAN capital cities.
Governors and mayors from ASEAN countries’ capitals discussed and shared experience in developing peaceful and worth-living capital cities at their fourth meeting in Vientiane, Laos, on November 15.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
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.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
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.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
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).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
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.
Illustrative image (Source: Asia One)
