Topic: ASEAN

Accoriding to experts, non-tariff barriers continue to hinder trade and investment flows in ASEAN.

Vietnam’s total trade value with other ASEAN member States reached $38 billion in January-May this year.

At the inaugural ASEAN-Gulf Cooperation Council-China summit held on May 27 in Kuala Lumpur, Prime Minister Pham Minh Chinh emphasized the need to focus cooperation on trade, investment and supply chain connectivity.

Addressing the 2nd ASEAN - Gulf Cooperation Council (GCC) Summit held in Kuala Lumpur, Malaysia on May 27. Prime Minister Pham Minh Chinh suggested the two blocs jointly shape a new inter-regional cooperation model.

At the Second Special ASEAN Economic Ministers' Meeting on negotiations for upgrading ATIGA, held online on May 9, Minister Nguyen Hong Dien urged ASEAN members to continue fostering unity, work towards resolving outstanding differences, and ensure the upgraded ATIGA is feasible, effective, and sustainable for all parties.

There are currently 12 ASEAN Heritage Parks in the country.

Prime Minister Pham Minh Chinh holding a dialogue with businesses from ASEAN in Hanoi.

Attending the event, Prime Minister Pham Minh Chinh underscored the importance of reinforcing ASEAN’s strategic self-control by strengthening the bloc's solidarity and centrality.

With its 2024 GDP size estimated at $476.3 billion, Vietnam surpasses the Philippines to enter the ASEAN-4 in terms of economic size.

During a session on ASEAN in Davos, PM Pham Minh Chinh highlighted that ASEAN needs to enter the "smart era" with an ambitious mindset.