“JOINT COMMUNIQUÉ OF THE 49th ASEAN FOREIGN MINISTERS’ MEETING VIENTIANE, 24 JULY 2016 ‘TURNING VISION INTO REALITY FOR A DYNAMIC ASEAN COMMUNITY’ We, the Foreign Ministers of the Association of Southeast Asian Nations (ASEAN), met on 24 July 2016 at the 49th ASEAN Foreign Ministers’ Meeting (AMM) in Vientiane, Lao PDR, under the theme “Turning Vision into Reality for a Dynamic ASEAN Community”. His Excellency Saleumxay Kommasith, Minister of Foreign Affairs of Lao PDR, chaired the Meeting. ASEAN COMMUNITY BUILDING ASEAN Community Vision 2025 1. With the formal establishment of the ASEAN Community on 31 December 2015, we resolved to continue deepening and advancing ASEAN community building as well as regional integration. We reaffirmed our commitment to the full and effective implementation of the ASEAN Community Vision 2025 and the three new Blueprints which set out the future direction for a politically cohesive, economically … [Read more...] about ASEAN Foreign Ministers issue Joint Communiqué
Asean foreign direct investment statistics database
Joint Communiqué of the 49th ASEAN Foreign Ministers’ Meeting
Foreign ministers at the ASEAN-Japan Ministerial Meeting as part of the 49th ASEAN Foreign Ministers' Meeting and related meetings (Photo: VNA) Vientiane (VNA) – The 49th ASEAN Foreign Ministers’ Meeting issued a Joint communiqué in Vientiane on July 24. The following is the full text of the joint communiqué. “JOINT COMMUNIQUÉ OF THE 49th ASEAN FOREIGN MINISTERS’ MEETING VIENTIANE, 24 JULY 2016 ‘TURNING VISION INTO REALITY FOR A DYNAMIC ASEAN COMMUNITY’ We, the Foreign Ministers of the Association of Southeast Asian Nations (ASEAN), met on 24 July 2016 at the 49th ASEAN Foreign Ministers’ Meeting (AMM) in Vientiane, Lao PDR, under the theme “Turning Vision into Reality for a Dynamic ASEAN Community”. His Excellency Saleumxay Kommasith, Minister of Foreign Affairs of Lao PDR, chaired the Meeting. ASEAN COMMUNITY BUILDING ASEAN Community Vision 2025 1. With the formal establishment of the ASEAN Community … [Read more...] about Joint Communiqué of the 49th ASEAN Foreign Ministers’ Meeting
BUSINESS IN BRIEF 11/10
Tuong An Vegetable Oil gets new chairman Tran Le Nguyen, CEO of Kido Corporation, has been elected chairman of Tuong An Vegetable Oil Joint Stock Company after the State Securities Commission allowed Kido to acquire a 65% stake in Tuong An. At an extraordinary shareholder meeting of Tuong An yesterday, Nguyen and Nguyen Thi Hanh were picked as board members of the company to replace Duong Anh Tuan and Truong Huynh Bich who had resigned earlier. Nguyen was elected chairman of Tuong An at a board meeting of the company after the extraordinary shareholder meeting. Kido bought the 65% stake in Tuong An at VND78,000 per share, or VND963 billion in total. Kido is expected to complete the deal next week. Tuong An is one of the leading cooking oil makers in Vietnam with annual revenue of VND4 trillion (over US$179 million). It has a factory in Ba Ria-Vung Tau Province and another in Nghe An Province, and a nationwide distribution network. Kido has acquired a 24% stake in Vietnam Vegetable Oils … [Read more...] about BUSINESS IN BRIEF 11/10
BUSINESS IN BRIEF 12/10
Foreign investors to meet in annual investment conference More than 250 financial experts and investors from Vietnam, Thailand, Malaysia, Japan, Singapore, the US and the EU will attend the second foreign investment conference in Ho Chi Minh City on November 4. Co-hosted by the Ho Chi Minh Stock Exchange (HOSE) and financial data provider Stoxplus, the annual conference themed “Vietnam Stock Market: On the Way to Emerging Markets” will discuss promoting Vietnam’s securities market to an emerging market (EM) classification. HOSE Deputy General Director Tran Anh Dao said foreign investors will be provided with information about Vietnamese government activities to accelerate the upgrade Vietnam’s securities market to EM status. They will learn more about a regulation allowing them to increase up to 100 percent of voting shares in a Vietnamese public company. A majority of foreign investors agreed that Vietnam is increasingly attractive thanks to its economic stability and the high … [Read more...] about BUSINESS IN BRIEF 12/10
BUSINESS IN BRIEF 14/10
Hanoi office rents down slightly in Q3 Hanoi’s office segment has experienced a slight decline in rental prices according to the latest report from Savills on the capital’s real estate market in the third quarter, released on October 12. The report showed that average rents fell 0.5 per cent quarter-on-quarter due to downward adjustments to both Grade A and C office space but increased 3 per cent year-on-year. Average occupancy showed an improvement of 2.2 ppts quarter-on-quarter and 2.8 ppts year-on-year, mostly due to Grade B increases of 2.9 ppts quarter-on-quarter and Grade A increases of 2.3 ppts quarter-on-quarter. Hanoi’s office stock remained stable quarter-on-quarter but increased 9 per cent year-on-year. In the final quarter of the year one project will enter the market, supplying approximately 11,300 sq m. Total take-up was approximately 23,000 sq m. Grade B led with approximately 18,000 sq m followed by Grade A with 8,400 sq m and Grade C with 4,300 sq m. It is expected … [Read more...] about BUSINESS IN BRIEF 14/10