The second Special ASEAN Economic Ministers' Meeting on negotiations for upgrading the ASEAN Trade in Goods Agreement (ATIGA) has created a favourable foundation for the next rounds of negotiations, towards the signing of the second protocol to upgrade the ATIGA during the 47th ASEAN Summit, slated for November 2025 in Malaysia.
Ngo Xuan Nam, Vietnam SPS Office Deputy Director, stated that the upgraded SPS chapter promises smoother, more transparent exports of agricultural products within the bloc and helps minimise unnecessary risks.
Malaysia has outlined three strategies for ASEAN when it takes over the grouping’s chairmanship in 2025, including bolstering regional value chains and regulatory cooperation.
Malaysia has proposed three key strategies to strengthen the economic resilience of the Association of Southeast Asian Nations (ASEAN) amid slowing global growth, rising geopolitical tensions, and increasing economic fragmentation.
The 38th ASEAN Free Trade Area (AFTA) Council Meeting opened in Vientiane on September 16 under the chair of Lao Minister of Commerce Malaythong Kommasith.
Prime Minister Pham Minh Chinh highlighted three core factors to ASEAN’s characteristics, values, vitality and reputation, which are maintaining independence and strategy self-reliance, turning itself into a growth epicenter and better adapting to external shocks in his remarks at the opening session of the 42nd ASEAN Summit in Labuan Bajo, Indonesia, on May 10 morning.
The upcoming official visit to Thailand by President Nguyen Xuan Phuc and his attendance at the 29th APEC Economic Leaders’ Meeting in Bangkok from November 16-19 is expected to create a driving force to deepen bilateral ties and raise two-way trade.
The Ministry of Industry and Trade (MoIT) and the British Embassy launched the Vietnam National Trade Repository (VNTR) at a ceremony held in Hanoi on March 30.
The Vietnam National Trade Repository (VNTR) has been completed and is set to make its debut on March 30, according to the Ministry of Industry and Trade (MoIT).
Amid the COVID-19 pandemic’s severe impacts on global supply chains, the ASEAN market in close proximity with Vietnam is holding opportunities for the country’s enterprises, an official has said.
ASEAN economic ministers adopted the Roadmap of Bandar Seri Bagawan on digital transformation in the bloc to speed up regional economic recovery and digital economic integration at their 53rd meeting via videoconference on September 8.
The special Vietnam - Laos friendship has been growing unceasingly across the board in the recent past, including in trade, which has been developing in an increasingly substantive manner.
The Regional Comprehensive Economic Partnership (RCEP) would not worsen the trade deficit Vietnam was running with signatory markets, according to the Ministry of Industry and Trade.
While many people believe that sugarcane farmers will face difficulties after Vietnam implements the ASEAN Trade In Goods Agreement (ATIGA), there are also some who say it could offer bright prospects for Vietnamese sugarcane to maximise its economic value if there is coordination between the State, scientists, entrepreneurs and especially farmers.
Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.
Development chances for the sugar industry are still ahead if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting seeking ways to tackle difficulties facing the sector on February 18.
Vietnam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.
Vietnam earned 55.17 million USD from tra fish exports to the ASEAN as of the late March, up 18 percent year-on-year, according to the Vietnam Association of Seafood Exporters and Processors.
