(VOVworld) – The ASEAN Senior Economic Officials Meeting (SEOM) began in Vientiane, Laos on Monday to gear up for the 48th ASEAN Economic Ministers’ Meeting (AEM 48) and related meetings. The ASEAN Senior Economic Officials Meeting began in Vientiane, Laos on August 1 to gear up for the 48th ASEAN Economic Ministers’ Meeting and related meetings. (Photo: VNA) The Vietnamese delegation was led by Nguyen Quynh Nga, Vietnamese head to SEOM. During the two-day event, senior economic officials from ten ASEAN member states will discuss and finalize the agenda for the AEM 48 and related meetings which are scheduled for August 3-6. The AEM 48 will discuss topics from the 22nd ASEAN Economic Ministers’ Retreat in Chiang Mai, Thailand, in March and is set to adopt eight priorities for the ASEAN Economic pillar. The ASEAN economic ministers will also identify standards for building the ASEAN Economic Community (AEC) and map the implementation of the AEC Blueprint … [Read more...] about ASEAN Senior Economic Officials Meeting discuss eight priorities for the ASEAN Economic pillar
Asean economic community blueprint 2025
ASEAN Economic Ministers Meeting to finalize formation of AEC
(VOVworld) – The 47th ASEAN Economic Ministers Meeting will be held in Kuala Lumpur, Malaysia, later this month to wrap up preparations for the official establishment of the ASEAN Economic Community by year’s end. The meeting will discuss the implementation of the AEC measures, the ASEAN post-2015 Economic Vision, Strategic Action Plans for the next decade, the development of the ASEAN Small and Medium Enterprises Master Plan in the 2015-2025 period, and especially the completion of commitments agreed under the AEC 2015 Blueprint. The AEC formation is expected to increase ASEAN’s GDP to 4.7 trillion USD by 2020 from the current 2.7 trillion. … [Read more...] about ASEAN Economic Ministers Meeting to finalize formation of AEC
ASEAN economic ministers to meet on August 22nd – 25th
The 46th ASEAN Economic Ministers’ Meeting in Myanmar last year. (Photo: VNA) The 47th ASEAN Economic Ministers’ Meeting (AEM 47) will be held in Kuala Lumpur from August 22nd-25th to put the finishing touches on the formal establishment of the ASEAN Economic Community (AEC) by the end of this year. The information was released by Mustapa Mohamed, Malaysian Minister of International Trade and Industry, during a press conference in Kuala Lumpur on August 20th. He said AEM 47 will focus on implementing AEC measures, especially the completion of commitments agreed to under the AEC 2015 Blueprint, and developing the ASEAN Post-2015 Economic Vision 2025, strategic action plans for the next 10 years and the ASEAN Small and Medium Enterprises Master Plan 2016-2025. Economic ministers from Australia, Canada, China, India, Japan, the Republic of Korea, New Zealand, Russia and the US will participate in the meetings with the ASEAN economic ministers. The ASEAN economic ministers … [Read more...] about ASEAN economic ministers to meet on August 22nd – 25th
ASEAN economic ministers meet in Singapore
The Vietnamese delegation was led by Minister of Industry and Trade Tran Tuan Anh. Opening the event, Singapore's Minister for Trade and Industry, Lim Hng Kiang, said that the retreat is a chance for ministers to discuss matters related to the ASEAN Economic Community (AEC), including the implementation of the AEC Blueprint 2025 on deepening economic integration. The Singaporean minister said that ASEAN, as a well-connected region, is poised to benefit from the rise in investment, manufacturing activities, and trade. This has helped the association to lure enterprises from all over the world while grasping new opportunities. He stressed that the promotion of AEC construction will benefit the whole region, calling for the member countries to continue pursuing economic facilitation and integration, so that everyone can benefit from the community. As the ASEAN Chair in 2018, Singapore pledged to work with other member countries to build a “self-reliant and innovative” ASEAN on … [Read more...] about ASEAN economic ministers meet in Singapore
Most Vietnamese companies still not ready for ASEAN Economic Community
It is only a couple of days till the official establishment of the ASEAN Economic Community (AEC), but many Vietnamese companies have limited knowledge of the trade pact. According to the findings of the survey conduced by PACE Institute of Management, released on December 28, more than half or 56.8 per cent of surveyed companies said they did not know and did not care about the AEC. The figures were 40.9 per cent for the Trans-Pacific Partnership (TPP) and 33.4 per cent for the World Trade Organization (WTO). The survey, answered by 493 business people, 82.7 per cent of whom hold top management positions at their companies, 9.9 per cent holding middle management positions and 7.4 per cent other positions, aimed to see how well Vietnamese companies understand economic integration and the effects of the process on them. As much as 85.5 per cent of surveyed companies did not know what the AEC entails. The percentages for the TPP are 77.8 per cent and for the WTO 66.3 per cent. Even … [Read more...] about Most Vietnamese companies still not ready for ASEAN Economic Community