Asean 3 regional economic outlook

Minister of Foreign Affairs Bui Thanh Son (Photo: VNA) Hanoi (VNA) - Minister of Foreign Affairs Bui Thanh Son wrote an article entitled ’55 years of ASEAN: One Vision, One Identity, One Community’ on the 55th anniversary of the Association of Southeast Asian Nations (ASEAN) (August 8, 1967-2022). Following is the full text of the article: “On August 8, 1967, the Association of Southeast Asian Nations (ASEAN) was established, initiating the process of extensive integration for the sake of peace, stability, and development in Southeast Asia and the region. From a group of Southeast Asian nations divided by wars, after 55 years of growth, ASEAN is today one of the most important, reputable, and successful regional organisations in the world, a ‘common home’ for 650 million people in 10 Southeast Asian countries with diverse culture, the fifth largest economic community in the world, and an important and reliable partner of many countries in the world, and an organisation that … [Read more...] about 55 years of ASEAN: One Vision, One Identity, One Community

It has also become the fifth largest economic community in the world, a reliable and important partner of countries, and played a central role in dialogues, important cooperation and connectivity in the region. In an article in celebration of ASEAN’s 55th birth anniversary (August 8, 1967 - 2022), Vietnamese Foreign Minister Bui Thanh Son recalled that the birth of ASEAN on August 8, 1967 was the start of the process of an intensive connectivity for peace, stability, and development in Southeast Asia and the region. Building an ASEAN Community with common vision and identities The grouping gathered countries divided by war. Its inception reflected the common aspirations of many countries in the region for peace, stability, friendship, and win-win cooperation. According to FM Son, Vietnam’s admission to ASEAN in 1995 paved the way for the building of an ASEAN common house connecting 10 Southeast Asian countries. In 1997, ASEAN, for the first time, approved the ASEAN Vision … [Read more...] about 55 years of ASEAN – One vision, One identity, One community

“Thanks to the effective pandemic response and guided by the ASEAN Comprehensive Recovery Framework (ACRF) and its Implementation Plan, we have emerged safer, stronger, and more resilient as a community,” he said at the event, held by the ASEAN Secretariat at its headquarters in Jakarta to mark ASEAN’s 55th founding anniversary. ASEAN trade volumes have returned to pre-pandemic levels and the association’s economy is forecast to grow by 4.9% this year and 5.2% next year. “The entry into force of the Regional Comprehensive Economic Partnership (RCEP) earlier this year demonstrates ASEAN’s pivotal role in contributing to regional peace and growth, bettering the life of our people, and providing opportunities for all.” According to the Secretary General, in spite of these achievements, ASEAN must remain vigilant against the ever present risks to its recovery, including disruptions to the supply of key commodities, rising costs in food and logistics, and the economic slowdown in … [Read more...] about 55th ASEAN Day Celebration solemnly held

Foreign Minister Bui Thanh Son addresses the ceremony (Photo: VNA) Hanoi (VNA) – Foreign Minister Bui Thanh Son made a speech at the ASEAN flag-hoisting ceremony in Hanoi on August 8 on the occasion of the 55th anniversary of the regional grouping. Following is the full text of his speech. Excellencies, Ladies and gentlemen, It is my great pleasure to welcome all of you to the ASEAN Flag-Hoisting Ceremony today to mark the 55th founding anniversary of ASEAN. I am also happy to see all of you, healthy and safe after two years of COVID-19 outbreak. The ceremony this morning brings me back to the solemn moment as the ASEAN Flag was hoisted high amidst the stirring ASEAN Anthem at the very successful 55th ASEAN Foreign Ministers’ Meeting in Phnom Penh last week. Standing before the ASEAN Flag, we are truly proud of what we all have achieved in pursuing the aspirations of nearly 700 million Southeast Asian people for an ASEAN Community of peace, solidarity, resilience and … [Read more...] about FM Bui Thanh Son’s remarks at ASEAN flag-hoisting ceremony

ASEAN Online Sale Day 2022 kicked off on August 8, drawing more than 300 businesses from the region. (Photo: VNA) The three-day event is intended to promote cross-border e-commerce and open up cooperation opportunities for regional firms. Co-hosted by Cambodia – ASEAN Chair 2022, Singapore and Vietnam, the program has two tiers for domestic and cross-border transactions. There are currently 185 enterprises out of the 300 firms that have registered to conduct business in Vietnam. Information about the event as well as the participating businesses is available on its official website at www.onlineasean.com, which has been integrated into ASEAN’s website asean.org. Notably, the Online Dispute Resolution (ODR) will be applied during this year’s program to ensure rights and interests of consumers. Reputable e-commerce businesses and platforms in the ten ASEAN countries will launch a series of special discounts for consumers. Enterprises and platforms will coordinate to … [Read more...] about More than 300 businesses attend ASEAN Online Sale Day 2022

The ceremony was chaired by Foreign Minister Bui Thanh Son, and attended by Ambassadors of ASEAN countries and ASEAN partners. Minister Son said the foundation of ASEAN 55 years ago created the precedence for regional countries to realise their aspiration for a peaceful, stable region with sustainable and inclusive development. The annual ASEAN flag hoisting ceremony is held in each ASEAN member state to honour their common values and express the determination to promote solidarity and cooperation. This year’s event is of greater significance since the region is working towards the establishment of the ASEAN Community at the end of 2015 and Vietnam is marking its 20th year of ASEAN membership. ASEAN flag’s colours – blue, red, white and yellow – represent the main colours of the member countries’ flags. It symbolises unity and support for the bloc’s principles and mission, and represents a stable, peaceful, united and dynamic ASEAN./. VNA … [Read more...] about Hanoi celebrates ASEAN’s 55th founding anniversary