Thai Prime Minister Prayut Chan-o-cha In his speech delivered at the CLMVT forum in Bangkok on June 24, the PM said despite the CLMVT region becoming a main player in the global value chain, the region faces threats from rapid technological development and geopolitics. These new technologies will render the existing production network, he said. According to Prayut, contract manufacturing and production will slowly decline as new production networks in different regions, which embrace the modern value chain, take their place. In terms of geopolitical threats, countries in the region must have effective risk management in place to cope with the changes in the global market, he added. The sectors most vulnerable to disruption are agribusinesses, textiles, automobile, and electronics, all traditional strengths of the CLMVT region, he said, adding the service industry within the CLMVT region will also be affected by these trends. He urged the governments to work together to support … [Read more...] about Thailand calls for regional countries’ modernization to increase competitiveness
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International integration contributes to national defense and security
This conference aims to comprehensively assess the results attained by the Government in implementing the 11th Politburo’s Resolution No. 22-NQ/TW dated April 10, 2013 on international integration, and the 12th Party Central Committee’s Resolution No. 06-NQ/TW dated November 5, 2016 on effectively implementing the process of international integration and maintaining socio-political stability in the context of Vietnam’s participation in new-generation free trade agreements,” with a focus on the period of 2014-2019. The conference will also draw lessons and propose appropriate measures to strengthen international integration in the coming time. Deputy Foreign Minister Bui Thanh Son granted reporter of the People’s Army Newspaper on the outcomes of the country’s international integration in recent years, with a focus on the defense and security fields. Reporter: What political, defense and security outcomes do you think the international … [Read more...] about International integration contributes to national defense and security
