A corner of Jakarta, Indonesia (Photo: Bloomberg) Jakarta (VNA) – A session focusing on private enterprises and business spirit was held in Jakarta capital city of Indonesia on April 24, within the framework of the Asia-Pacific Economic Cooperation Business Advisory Council (ABAC) II Meeting. The main agenda of the session was to encourage economic integration in the Asia-Pacific. It discussed cooperation amid complicated developments of the global economy, as well as recommendations of ABAC which will be submitted to leaders of the economies which are members of the Asia-Pacific Economic Cooperation (APEC) forum later this year. Speaking at the opening session, President of ABAC Indonesia Anindya N Bakrie stressed that the forum will benefit participating economies under various forms of cooperation, in both trade and investment. He added that Indonesia boasts a huge opportunity for the country’s development, by taking advantage of the role of digital economy … [Read more...] about ABAC backs economic integration in Asia-Pacific
Asia pacific economic cooperation
APEC Senior Officials’ Meeting promotes regional economic cooperation
At the third APEC Senior Officials' Meeting (Source: internet) Hanoi (VNA) – The third APEC Senior Officials’ Meeting took place in Port Moresby, Papua New Guinea, during August 4-20. The second meeting of the APEC vision group and nearly 80 dialogues and meetings of committees and working groups were held at the same time to discuss cooperation in various fields. These were some of the most important events in preparation for the APEC Economic Leaders’ Week 2018 in Port Moresby in November. The functions drew nearly 2,000 delegates from 21 APEC economies. Representatives from Vietnam’s Ministry of Foreign Affairs, Ministry of Industry and Trade, Ministry of National Defence, Ministry of Planning and Investment, Ministry of Agriculture and Rural Development, Ministry of Health, and the Government Inspectorate participated in the events and made active contributions. As APEC faces new opportunities and challenges, the meetings aimed to discuss the … [Read more...] about APEC Senior Officials’ Meeting promotes regional economic cooperation
NA Chairwoman receives WB Vice President for East Asia & Pacific
National Assembly Chairwoman Nguyen Thi Kim Ngan (R) receives WB Vice President for East Asia and Pacific Victoria Kwakwa in Hanoi on June 26 (Photo: VNA) Hanoi (VNA) – National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan received Victoria Kwakwa, the World Bank (WB)’s Vice President for East Asia and Pacific, in Hanoi on June 26. The host highly valued the WB’s role and activities in Vietnam, stressing that it is an important development partner and policy advisor of the Vietnamese Government, greatly helping with local socio-economic development. The programmes and projects funded by the WB have matched Vietnam’s development orientations in the new period, Ngan said, noting that they focus on promoting macro-economic stability, sustainable development and competitiveness of the country. Kwakwa, who is in Vietnam to attend the 6th Global Environment Facility (GEF) Assembly, said the country’s hosting of the Asia-Pacific Economic Cooperation (APEC) … [Read more...] about NA Chairwoman receives WB Vice President for East Asia & Pacific
Australian gov’t considers Vietnam one of partners in Asia Pacific
Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Australian Foreign Minister Julie Bishop (Source: VNA) Hanoi (VNA) - The Australian Government continues considering Vietnam one of key partners in Asia Pacific, Australian Foreign Minister Julie Bishop told Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh. During their talks in Hanoi on May 28, FM Bishop added the government wants to further bolster the relations both in bilateral framework and at regional and global forums. The two officials highly valued the organisation of the first Vietnam-Australia Foreign Ministers Meeting, saying this is one of first important steps to implement the freshly-established Strategic Partnership between the two countries. The first meeting was co-chaired by the two FMs in Hanoi on May 28. They expressed their pleasures at the strong development of the bilateral ties while affirming the importance of upgrading the relations to the Strategic Partnership on the … [Read more...] about Australian gov’t considers Vietnam one of partners in Asia Pacific
CPTPP facilitates cooperation in Asia-Pacific region
After the United States officially withdrew from the Trans-Pacific Partnership (TPP) on January 30, 2017, the remaining 11 countries have continued to push forward and reach an agreement on a new name for the TPP agreement, which is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Basically, the CPTPP preserves the content of the TPP but allows the member states to temporarily postpone a number of obligations in order to ensure a balance in the new context. This has been resolved through the commitments made in texts, annexes and bilateral agreements, concerning each country’s own interests which will be signed when the CPTPP is officially signed. Therefore, the new CPTPP will be more appropriate to the countries’ enforcement capabilities in the new context. In order to promptly bring the CPTPP into force and provide practical benefits to the businesses and people of the participating countries, there should be at least six, or at least 50% … [Read more...] about CPTPP facilitates cooperation in Asia-Pacific region
APPF-26 Hanoi Declaration sets new vision for Asia-Pacific parliamentary partnership
The following is the full text of the Hanoi Declaration: “HANOI DECLARATION: A New Vision for Asia – Pacific Parliamentary Partnership Participating delegates at APPF-26 pose for a photo 1. We, the parliamentarians of the Asia – Pacific Parliamentary Forum (APPF), gathered in Hanoi, Vietnam under the theme “Parliamentary partnership: Peace, innovation and sustainable development”. We endorsed this Hanoi Declaration to mark the 25th anniversary of APPF and chart out the course of development for the Forum towards 2030. 2. We recall the timely establishment of the APPF in 1993 to meet the demand for dialogue and cooperation of member countries and the region at the end of the Cold War. Outstanding Achievements 3. We are pleased to note on the remarkable achievements that the APPF has attained in its twenty five years of development. The APPF has relentlessly … [Read more...] about APPF-26 Hanoi Declaration sets new vision for Asia-Pacific parliamentary partnership
Australia, Japan committed to signing Asia Pacific trade pact by March, Turnbull says
Australian Prime Minister Malcolm Turnbull (R) and Japanese Prime Minister Shinzo Abe arrive at Narashino exercise field in Funabashi, east of Tokyo, Japan, January 18, 2018. Photo by Reuters Australia and Japan are committed to signing an Asia Pacific trade deal by March with countries in the region ready to forge a pact to replace the derailed Trans Pacific Partnership (TPP), Australian Prime Minister Malcolm Turnbull said on Thursday "Prime Minister (Shinzo) Abe and I are personally committed to having this deal signed and sealed by March," Turnbull said in a speech in Tokyo. Eleven countries met at an Asia-Pacific Economic Cooperation (APEC) summit in Vietnam last November to keep alive a Trans Pacific trade deal after U.S. President Donald Trump in early 2017 announced that the United States was withdrawing in the name of protecting U.S. jobs. Ministers from the 11 countries including Japan, Australia and Canada agreed on core elements to move ahead without the United … [Read more...] about Australia, Japan committed to signing Asia Pacific trade pact by March, Turnbull says
Promoting cohesive Asia-Pacific community for peace and sustainable development
* APPF-26: Partnership for peace, innovation and sustainable development * APPF-26: Transmitting an image of renovated Vietnamese National Assembly The APPF made its debut on March 15, 1993 with the participation of 27 member parliaments, including those in some powers such as the United States (US), Russia, Japan and China. The forum works towards the aim of building trust among member parliaments via the enhancement of dialogues between parliamentarians in the Asia-Pacific region, thereby contributing to maintaining peace, stability, sustainable development and prosperity for the whole region. In the current context of extensive globalisation, together with the Asia-Pacific Economic Cooperation (APEC) forum, the APPF has demonstrated its role as a crucial dialogue and cooperation mechanism among the countries in the region. The Vietnamese NA has been a member of the APPF since 1995. Being deeply aware of the importance of the cohesion between Vietnam and other countries in the … [Read more...] about Promoting cohesive Asia-Pacific community for peace and sustainable development
Parliament role promoted in Asia-Pacific Economic Cooperation Forum
Head of the National Assembly’s Committee on Foreign Affairs Nguyen Van Giau told a media conference in Hanoi on Wednesday that the Vietnamese National Assembly has proposed a draft APPF Hanoi Declaration- New vision for the Asia-Pacific Parliamentary Partnership. Mr. Giau said that if approved, the declaration will be an important result to mark APPF’s 25th founding anniversary. He added that the hosting of the event showing the Vietnamese National Assembly’s role and responsibility in the APPF while popularizing images of a renovated, dynamic, active and responsible Assembly worldwide. Vietnam’s hosting of the 26th Annual Meeting of the Asia-Pacific Parliamentary Forum marks an important external political event, opening a series of diplomatic activities across Vietnam in 2018. … [Read more...] about Parliament role promoted in Asia-Pacific Economic Cooperation Forum
Vietnam ready for 26th Asia-Pacific Parliamentary Forum meeting
National Assembly Chairwoman NguyenThi Kim Ngan, who is also APPF Chair for 2017-2018, acknowledged efforts made by relevant agencies, particularly the prompt completion of the draft APPF-26 resolutions. She stressed the significance of APPF-26, calling it a practical action for members in support of the 2017 Da Nang Declaration on Creating New Dynamism, Fostering a Shared Future.The event, which will take place in Hanoi between January 18 and 21, discusses cooperation across economics, culture, and sustainable and inclusive development toward the issuance of a joint declaration. The forum currently gathers 27 members including the US, Australia, Japan, Russia, and Laos. The mechanism directly assists the Asia-Pacific Economic Cooperation (APEC). … [Read more...] about Vietnam ready for 26th Asia-Pacific Parliamentary Forum meeting