The asia pacific economic cooperation

Pretoria (VNA) – The success of ASEAN has brought about valuable experience lessons for the promotion of integration in South Asia, Vietnamese Ambassador to South Africa Hoang Van Loi told a webinar held by The Diplomatic Society newspaper on January 18. Addressing the discussion themed “Partners in Economic Integration and the Asia-Pacific Interdependence,” Loi said that ASEAN has made contributions to leading Southeast Asia to progress and prosperity and creating relations for peace and cooperation with partners in the region and the world. The bloc has become an important element which plays a central role in cooperation mechanisms and regional structure in the Asia-Pacific region. The role, position and prestige of the bloc have been increased in the eyes of international friends and partners. ASEAN is currently one of the most dynamic economies in the world, with an annual average growth rate of 5.2 percent during 2016-2020. Loi cited analysts’ … [Read more...] about ASEAN brings about valuable experience for South Asia’s integration process

Meanwhile, China’s rice imports are expected to bounce back due to a sharp increase in domestic price and unfavourable weather. China’s rising demand will offer a good opportunity for Vietnam, particularly given that the two countries have established a hotline to facilitate the trade of agricultural products which was disrupted by COVID-19. … [Read more...] about BUSINESS NEWS JANUARY 19

Presidents Ho Chi Minh (L) and Mao Zedong toast the sustainability of the Vietnam-China friendship in August 1957 (File photo: VNA) In his remarks, Chairman of the Vietnam-China Friendship Association in HCM City Duong Quan Ha said the two countries are neighbours with a time-tested friendship. Their relations, nurtured by late Presidents Ho Chi Minh and Mao Zedong and generations of leaders, were lifted to the comprehensive strategic cooperative partnership and have been flourishing, bringing about common benefits for their people. … [Read more...] about VIETNAM NEWS JANUARY 19