Illustrative image (Source: Internet) Bangkok (NNT/VNA) - The Thai Ministryof Commerce continued to penetrate the Japanese market by organising a seminaron the Thai-Japanese Strategic Economic Partnership through the free tradeagreement (FTA), seeking to expand trade between both countries. The trade value between the two countries was over 54 billion USD in 2017. At the seminar, the Deputy Minister ofCommerce, Chutima Bunyapraphasara, delivered a lecture on trade and investmentopportunities on the Thai-Japanese Strategic Economic Partnership. Ms. Chutima said Thailand has currentlydeveloped a mechanism for economic cooperation with Japan in terms of tradeliberalisation and development of economic cooperation at various levels,namely the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP) andthe Japan-Thailand Economic Partnership Agreement (JTEPA). These agreements will allow Thaientrepreneurs to invest in hospitality businesses in Japan. Meanwhile, … [Read more...] about Seminar on Thai-Japanese Strategic Economic Partnership through FTA
Asean japan comprehensive economic partnership
48th ASEAN Economic Ministers’ Meeting comes to conclusion
The Hanoitimes - The 48th ASEAN Economic Ministers' Meeting (AEM-48) and related events taking place in Vientiane, Laos since August 5 has successfully wrapped up with heavy agenda and fruitful outcomes. The Vietnamese delegation to these events was led by Minister of Industry and Trade Tran Tuan Anh. The AEM-48 and related events were held as 2016 is the first year to implement the ASEAN Economic Community (AEC) Blueprint 2025 after the ASEAN leaders established the community on December 31, 2015. The focus of this year is building the foundation for realising this blueprint effectively. At the AEM-48, the ASEAN economic ministers considered and approved many frameworks for enhancing intra-bloc economic cooperation such as those on trade facilitation, food safety management, and small- and medium-sized enterprises (SMEs)' access to finance. They reviewed the bloc's economic integration and suggested initiatives with the aim of practically benefiting the business community. They … [Read more...] about 48th ASEAN Economic Ministers’ Meeting comes to conclusion
ASEAN-Japan boost comprehensive cooperation
(VOVworld) - Within the framework of the 48th ASEAN Economic Ministers’ Meeting (AEM 48) and related meetings, Economic Ministers from the ten ASEAN Member States and the Minister of Economy, Trade and Industry (METI) of Japan met on Saturday, in Vientiane, Lao. Laos Minister of Industry and Commerce Khemmany Pholsena chaired the meeting. Vietnam’s delegation led by Deputy Minister of Industry and Trade Nguyen Cam Tu participated at the meeting. The Ministers welcomed the conclusion of the negotiations on Trade in Services including the Financial and Telecommunication annexes and Movement of Natural Persons (MNP) Chapters as well as the investment negotiation under the ASEAN-Japan Comprehensive Economic Partnership (AJCEP) Agreement. The Ministers look forward to the implementation of the outcomes of the negotiations. The Ministers noted the on-going efforts to improve the implementation of the AJCEP Agreement. … [Read more...] about ASEAN-Japan boost comprehensive cooperation
ASEAN-Japan to foster closer cooperation
The Hanoitimes - In the beginning of May, Japanese Foreign Minister Fumio Kishida made the statement during his visit to Thailand that Japan has considered ASEAN an important partner, pledging to become the bloc’s irreplaceable partner in efforts of salvaging "diversification" in politics, economy, socio-culture and strengthening "connectivity" in the region. The diplomat acknowledged ASEAN and its partners, including Japan,are facing several security issues such as terrorism, extremism, and maritime safety and security. He called for cooperation in tackling these issues in order to maintaining stability in this region. He is scheduled to visit Myanmar, Laos and Vietnam. The diplomat also disclosed Tokyo’s priorities in collaborating with the ASEAN member states in the near future. He accentuated the establishment of the ASEAN Community in late 2015 as a milestone in the region’s development history while reiterating Japan’s full support for the bloc’s … [Read more...] about ASEAN-Japan to foster closer cooperation
Export turnover to Japan keeps rising
Vietnam's export turnover to Japan has so far reached over US$1.7 billion thanks to tax incentives from the ASEAN-Japan Comprehensive Economic Partnership (AJCEP) that officially came into effect in December 2008. Mr.Tran Ba Cuong, Head of the Department of Goods Origin and Quality under the Ministry of Industry and Trade (MoIT), saidthis figure accounts for 27.81% of the Vietnam's total export turnover to Japan, of which textile-garment products top the list with a turnover of nearly US$955 million, followed by electric wire and cable products with a total value of around US$630 million. Mr. Cuong commented that AJCEP in April will continue to carry out tax reductions for several kinds of Vietnamese goods such as aquatic, vegetable, footwear products… Source: TTO Translated by Vu Hung … [Read more...] about Export turnover to Japan keeps rising