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Vietnam backs rules-based multilateral trading system: official

May 23, 2022 by en.vietnamplus.vn

Deputy Minister of Industry and Trade Tran Quoc Khanh  at the 28th MRT meeting. (Photo: VNA) Bangkok (VNA) – Vietnam supports a rules-based multilateral trading system and the World Trade Organization's (WTO) role in the global trade system, Deputy Minister of Industry and Trade Tran Quoc Khanh stated at the Asia-Pacific Economic Cooperation  ( APEC )'s 28th Ministers Responsible for Trade (MRT) meeting. Illustrative image (Photo: VNA) Vietnam supports the promotion of regional cooperation towards facilitating mutual recognition of vaccine passports, Khanh said, stressing that Vietnam will continue to closely coordinate with APEC member economies to develop and implement viable initiatives. MRT meeting chaired by Thailand’s Deputy Prime Minister and Minister of Commerce, saw the participation of representatives from 21 APEC member economies, and the observers - the Association of Southeast Asian Nations (ASEAN), the Pacific Economic Cooperation Council … [Read more...] about Vietnam backs rules-based multilateral trading system: official

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Vietnam remains committed to inclusive growth for world’s prosperity

May 23, 2022 by hanoitimes.vn

Vietnam ranked 51th out of 165 countries and territories in terms of progress toward the UN’s sustainable development goals (SDGs), 30 places higher compared to five years ago. Vietnam remains committed to contributing to peace, stability, and inclusive growth for development and prosperity in the region and the world. Deputy Prime Minister Vu Duc Dam at the event. Source: VNA Deputy Prime Minister Vu Duc Dam gave the remarks at the 78 th session of the UN’s Economic and Social Commission for Asia and the Pacific (ESCAP), currently underway in Bangkok, Thailand from May 22-23. The event, themed “A common agenda to advance sustainable development in Asia and the Pacific”, drew the participation of high-ranking officials from 51 member countries of ESCAP. In his speech, Dam stressed the significance of this session, which coincided with the 75 th anniversary of ESCAP’s establishment, as well as the body’s contribution to socio-economic development in the … [Read more...] about Vietnam remains committed to inclusive growth for world’s prosperity

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Biden says 13 countries to join new Asia-Pacific trade framework

May 23, 2022 by e.vnexpress.net

"The United States and Japan, together with 11 other nations will be launching" the Indo-Pacific Economic Framework for Prosperity, or IPEF, Biden said at a press conference alongside Japanese Prime Minister Fumio Kishida. "This framework is a commitment to working with our close friends and partners in the region on challenges that matter most to ensuring economic competitiveness in the 21st century," he said. Biden was due to make a formal rollout of the framework later Monday. He did not say what countries had already signed up to IPEF, which the White House is billing as a framework for what will ultimately become a tight-knit group of trading nations. Unlike traditional trade blocs, there is no plan for IPEF members to negotiate tariffs and ease market access -- a tool that has become increasingly unpalatable to U.S. voters fearful of undermining homegrown manufacturing. Instead, the program foresees integrating partners through agreed standards in four main areas: the … [Read more...] about Biden says 13 countries to join new Asia-Pacific trade framework

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Deputy PM busy with meetings on threshold of WEF summit

May 23, 2022 by vietnamnews.vn

Deputy Prime Minister Lê Minh Khái meets WEF President Borge Brende on the sidelines of the 52nd World Economic Forum. —VNA/VNS Photo GENEVA — Deputy Prime Minister Lê Minh Khái on May 22 held several bilateral meetings with leaders of international organisations and businesses during his trip to Geneva to attend the 52nd World Economic Forum (WEF) annual meeting. At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khái said that Việt Nam had been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time was a very complicated problem that would require the support of the international community in terms of resources, technology, and governance capacity. … [Read more...] about Deputy PM busy with meetings on threshold of WEF summit

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Deputy PM busy on threshold of WEF meeting

May 23, 2022 by www.sggpnews.org.vn

At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the UK, the European Union (EU) and other member states of the Group of Seven (G7) will soon make specific commitments to supporting Vietnam in this area. For his part, Sharma held that Vietnam has made a proper decision to announce the net-zero emission commitment at the COP26, lauding Vietnam’s efforts to realise the commitments, … [Read more...] about Deputy PM busy on threshold of WEF meeting

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SEA Games 31 closing ceremony: the warmest and dearest farewell from Vietnam

May 23, 2022 by hanoitimes.vn

The 90-minute closing ceremony of the 31st Southeast Asian Games ís a warm farewell from the host country to regional friends. SEA Games 31 officially came to a close at the My Dinh Indoor Athletics Arena in Nam Tu Liem District, Hanoi on May 23. Participants in the ceremony are Vietnam's Prime Minister Pham Minh Chinh, Deputy Prime Minister Vu Duc Dam, Minister of Culture, Sports and Tourism Nguyen Van Hung, Hanoi Mayor Chu Ngoc Anh and the Deputy Prime Minister of Cambodia, H.E Samdech Pichey Sena Tea Banh, among others. While the opening ceremony featured mass performances and spectacular visual effects, the closing is a more cozy and friendly kind of event, with the motto “Coming together to shine”. Vietnamese singers perform a medley of songs about Hanoi with the performances of 100 dancers, kicking off the closing ceremony of the 31st SEA Games. On the stage is a parade of cyclos while in the background are the … [Read more...] about SEA Games 31 closing ceremony: the warmest and dearest farewell from Vietnam

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