Asean

Illustrative image (Photo:  jakartaglobe.id) Jakarta (VNA) – A cross-border payment system between the five ASEAN countries of Thailand , Singapore , Malaysia, the Philippines, and Indonesia will be fully connected next year, according to Bank Indonesia (BI) Governor Perry Warjiyo. Perry said on October 5 that Indonesia has linked the payment system with Thailand and will soon link it with Malaysia and Singapore. But he did not provide details about the deal with the Philippines . In late August, BI and the Monetary Authority of Singapore (MAS) agreed to cooperate on QR code payments between the two countries to encourage payment connectivity in ASEAN. This initiative marked an important milestone in strengthening financial collaboration between the two nations./. VNA … [Read more...] about Five ASEAN countries to connect to payment system in 2023

They updated each other on the socio-economic development of their countries, and exchanged views on regional and global issues as well as their cooperation. Vietnam attaches importance to partnership between the two committees, said Luu who is former N.A. Vice Chairman. The two sides have been active contributors to the close and loyal friendship between Vietnam and Laos, he noted, adding that they have exchanged delegations annually, ramped up communications, and closely coordinated in promoting people-to-people exchange activities. He suggested the two committees play a more active role to make the bilateral cooperation more diverse, practical and effective on the occasion of the Vietnam – Laos, Laos – Vietnam Friendship and Solidarity Year 2022. The committees should not only maintain high-level delegation exchanges but also strengthen collaboration and support for each other in people-to-people diplomacy activities, such as the World Social Forum, Asia – Europe People’s … [Read more...] about Vietnam, Laos’ peace committees eye stronger ties

The General Statistics Office (GSO) last week reported that after growing 5.03 per cent in Q1 2022, the Vietnamese economy bounced back to 7.72 per cent in Q2, and 13.67 per cent in Q3. Vietnam impressing with GDP growth - illustration photo In the first nine months of this year, it grew 8.83 per cent against the 1.42 per cent in the same period last year and only 2.12 per cent in that of 2020, representing the biggest 5-month increase in a decade. The agro-forestry-fishery expanded 2.99 per cent on-year, while the rates of the industry and construction sector and the service sector were 9.44 and 10.57 per cent, respectively. “The 9-month economic situation has flourished in almost all sectors. The economy’s production and business activities in Q3 have strongly grown on-year,” said GSO general director Nguyen Thi Huong. “Many sectors have bounced back strongly, especially industrial production, making it more favourable for the economy to reach the desired growth … [Read more...] about Vietnam impressing with GDP growth

The Vietnam Peace Committee and the Lao Committee for Peace and Solidarity eye stronger ties. (Photo: VNA) Hanoi (VNA) – Chairman of the Vietnam Peace Committee Uong Chu Luu on October 5 held talks with visiting Vice Chairman of the Lao National Assembly and Chairman of the Lao Committee for Peace and Solidarity Sommad Pholsena, during which the two sides discussed ways to advance ties. They updated each other on the socio-economic development of their countries, and exchanged views on regional and global issues as well as their cooperation. Vietnam attaches importance to partnership between the two committees, said Luu who is former NA Vice Chairman. The two sides have been active contributors to the close and loyal friendship between Vietnam and Laos, he noted, adding that they have exchanged delegations annually, ramped up communications, and closely coordinated in promoting people-to-people exchange activities. He suggested the two committees play a more active … [Read more...] about Vietnam, Laos’s peace committees eye stronger ties