asean economic community

Update news asean economic community

Although the COVID-19 pandemic continues to be unpredictable in many ASEAN countries, Vietnam has actively proposed and participated in regional initiatives to promote economic recovery and maintain production and supply chains.

Vietnam proposes 13 priorities for 26th AEM Retreat

A preparatory senior economic officials' meeting for the 26th ASEAN Economic Ministers’ Retreat (PREP-SEOM for the 26th AEM Retreat) was held in Da Nang city on March 8.

ASEAN committee discusses trade facilitation in Hanoi

The 16th Meeting of the ASEAN Trade Facilitation Joint Consultative Committee (ATF-JCC) was recently held by the Ministry of Industry and Trade (MoIT) in Hanoi.

Vietnam’s logistics sector faces labor shortage of 2 million people

The issue of labor shortage is becoming more severe as Vietnam is a member of ASEAN Economic Community (AEC) and is joining in a number of next generation free trade agreements.

Interest on all fronts as nation takes centre stage

Driven by growth momentum on the back of the ASEAN Economic Community, Vietnam’s investment picture in the region is expected to reach brighter prospects next year when the country takes over the role of the bloc’s chair. 

Outlook for Vietnam's GDP growth gloomy

 VietNamNet Bridge – Assoc Prof and PhD Nguyen Hoang Anh, vice director of the Institute for International Economics and Trade under the Ha Noi Foreign Trade University, speaks to Hai Quan (Customs) newspaper

How does Brexit impact VN?

 VietNamNet Bridge – Britain’s exit from the EU should make ASEAN members think about the ramifications of the free movement of skilled workers, a senior economist has said.

Firms to face stiff competition under AEC

VietNamNet Bridge – Economic experts said enterprises in Viet Nam will face fierce competition under the ASEAN Economic Community, so they should establish relationships with large firms in the region and globally in order to better develop

AEC – golden opportunity for Vietnam’s real estate

 Vietnam’s deeper integration into ASEAN is bringing the country golden opportunities in the real estate sector.

Vietnam's role in the $2.5 trillion ASEAN playground

VietNamNet Bridge - Trade, investment, labor ... liberalization is seen as a big opportunity for Vietnam when the ASEAN Economic Community is established, but it also a great challenge because of Vietnam’s level of integration.

Weak English skills hinder local employees

A Navigos Search report entitled Challenges in Recruiting and Retaining Mid-level and Senior Employees for Foreign Firms in Vietnam published on November 3 has revealed that even though local employees are considered hard-working,

Minister reveals Vietnam’s progress in AEC establishment preparations

Minister of Industry and Trade Vu Huy Hoang revealed Vietnam’s preparation progress for the establishment of the ASEAN Economic Community in an interview granted to VNA on the conclusion of the 21st ASEAN Economic Ministers’ Retreat in Malaysia.

BUSINESS IN BRIEF 24/2

 Lower oil prices, interest rates should improve spending: CBRE; Businesses lack information about AEC; Online shopping brings US$3 billion to nation; Anti-dumping protectionism: A double edged sword

AEC opens the door for skilled migrant workers

 Demand for Vietnamese migrant workers will most likely expand to over 90,000 in 2015 on the back of the ASEAN Economic Community (AEC) integration, according to the Department of Overseas Labour Management (DOLM). 

BUSINESS IN BRIEF 25/1

 Retailers face foreign competition; Firms urged to prepare for AEC; VN Steel Corp to withdraw from non-core sectors; Rubber industry faces falling prices; SBV looks set to resolve weak banks in 2015

New year brings many challenges

 VietNamNet Bridge – Vietnamese enterprises should be proactive when it comes to international integration, Minister of Planning and Investment Bui Quang Vinh told Thanh Nien (Young People) Newspaper.

BUSINESS IN BRIEF 14/12

Banks in Vietnam meet international payment standards; Nearly 16,000 automobiles sold in November; US tra fish imports fall as prices rise; RoK trade deficit widens, amid higher exports; Turkey asks WTO for emergency duties on mobile phone imports

BUSINESS IN BRIEF 12/12

Vietsovpetrol revenue forecast to reach US$4.34 billion;  Weak competitiveness puts Vietnamese businesses in challenges from AEC; Vinalines raises VND315 billion from share auction; Google to meet local app developers

ASEAN Economic Community to open door for more foreign workers in Vietnam

VietNamNet Bridge – Vietnam has been warned that it could witness a strong wave of workers from ASEAN countries after the the ASEAN Economic Community becomes official next year.

Vietnam gearing up for ASEAN Economic Community

 The establishment of the ASEAN Economic Community (AEC) in 2015 will mark a milestone in international integration of its ten Southeast Asian member economies, including Vietnam.