The diplomat said that the signing of the E.U.-ASEAN comprehensive air transport agreement, the first ever region-to-region aviation agreement in 2022, will provide quite a boost to air connectivity between the 37 countries involved. The E.U. wants to invest more in the region, he said, adding that leaders of the union have announced 10 billion EUR (10.88 billion USD) in investment in Southeast Asia in the next couple of years through the “Global Gateway” sustainable investments in the region at a hope to address some of ASEAN's big connectivity needs and build on some of the successes in that respect of our previous cooperation. He noted that the E.U. has already signed free trade agreements (FTA) with Singapore and Vietnam. The union will open negotiations for FTAs with other ASEAN countries, while resuming FTA negotiations with Indonesia, Malaysia, the Philippines and Thailand. Driesmans said that the E.U.’s second priority is to develop a joint green and sustainable agenda … [Read more...] about E.U. to focus on deepening economic ties with ASEAN: diplomat
Asean japan workshop
Thailand, E.U. to resume FTA talks in March
Commerce Minister of Thailand Jurin Laksanawisit made the statement following a meeting in Brussels with the E.U. Trade Commissioner Valdis Dombrovskis. Dombrovskis wrote on Twitter that both sides want a comprehensive, high-quality agreement, with ambitious and sustainable provisions. The E.U. is now Thailand's fifth largest trade partner, behind ASEAN, China, the U.S. and Japan. Two-way trade hit 41 billion USD last year, of which, Thailand’s exports to the E.U. totaled 22.8 billion USD, mostly computers, equipment and spare parts; gemstones and jewelries, air conditioners and components, rubber products and electronic circuit boards. Thailand currently has 14 FTAs with 18 countries, including the Regional Comprehensive Economic Partnership (RCEP) that came into effect early last year. On December 15, 2022, the two sides signed the Thailand-E.U. Partnership and Cooperation Agreement (PCA) to promote bilateral cooperation. Source: VNA … [Read more...] about Thailand, E.U. to resume FTA talks in March
Migration significant to Vietnam’s socio-economic development: IOM
Remittances contributed by migrants account for 5% of Vietnam’s gross domestic product (GDP). International migration and internal migration in Vietnam have long played a very important role in the country’s socioeconomic development and they will continue to do so. Park Mihyung, Chief of Mission of the International Organization for Migration (IOM) Vietnam, shared that view with The Hanoi Times . Park Mihyung, Chief of Mission of the International Organization for Migration (IOM) Vietnam. Photos: IOM Vietnam “If you look at the GDP, up to 5% of the country’s GDP comes from remittances contributed by international migration and that’s only recorded remittances, so it should be a lot more,” she said. For that reason, when the migration governance is done right and well, there’s a lot of positive development and contributions to Vietnam when they return and with their remittances, Park added. In addition, there’s also a recognition that … [Read more...] about Migration significant to Vietnam’s socio-economic development: IOM
Hanoi coffee shop among world’s quirkiest: US weekly magazine
"It's not just the coffee," said the American magazine, "but the hundreds of handwritten notes that adorn most every surface." Located at 64 Luong Van Can Street right next to Hoan Kiem (Sword) Lake in the heart of Hanoi, the entire coffee shop is covered with colorful post-it notes written by its customers. The notes are mainly inspirational quotes or comments about the lessons of life left by visitors from around the world. The three-story café attracts passers-by with its red signboard, views of Hoan Kiem Lake and nearby pedestrian zone. "Make sure to try a cup of egg coffee, which is more delicious than it sounds," Newsweek recommended. In addition to signature egg coffee, the café serves fresh juice, smoothies, snacks and sweet cakes with prices ranging from VND30,000-50,000 ($1.28-$2.13). The list also included Coffee 101 in Colombia, Majestic Café in Portugal, Café Sofa in the Czech Republic, Blacklist Coffee Roasters in Australia and The Roastery by Nozy Coffee in … [Read more...] about Hanoi coffee shop among world’s quirkiest: US weekly magazine