ASEAN economic ministers discuss U.S. tariff policy

Virtual Special ASEAN Economic Ministers’ Meeting tool place on April 10 under the chair of Tengku Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry of Malaysia and Chair of the ASEAN Economic Ministers’ (AEM) Meeting this year.
aa
ASEAN economic ministers discuss U.S. tariff policy- Ảnh 1.
Minister of Industry and Trade Nguyen Hong Dien attends the ASEAN Special Economic Ministers' Meeting on the U.S.' tariff policy, April 10, 2025 - Photo: VGP

The meeting was attended by the economic ministers of ASEAN Member States, the ASEAN Secretary-General, and Timor-Leste as an observer. The Vietnamese delegation was led by Minister of Industry and Trade Nguyen Hong Dien, accompanied by representatives from the Ministry of Foreign Affairs and relevant departments under the Ministry of Industry and Trade.

The meeting discussed the latest geopolitical developments, including the U.S. reciprocal tariffs announced on 2 April 2025 with its impact on ASEAN Member States and ASEAN’s collective response going forward.

Addressing the meeting, the Vietnamese Minister said, Viet Nam has taken a proactive approach in engaging with the U.S. via exchanges, dialogue, and negotiations.

ASEAN needs to remain united, calm, and steadfast in its cooperation with the U.S., prioritizing the promotion of cooperation with external partners in general, and the U.S. in particular, in areas of mutual interest, thus realizing long-term development goals while also enhancing ASEAN's position in the new context, he urged.

He also acknowledged and voiced his support for the content of the Joint Statement that had been discussed by ASEAN Member States.

He emphasized that the Statement reflects ASEAN's unity and proactive role amid increasingly complex and unpredictable global trade developments.

Viet Nam advocates ASEAN to adopt a comprehensive, flexible, and practical approach to strengthening economic resilience and promoting supply chain diversification via making effective use of existing Free Trade Agreements (FTAs), particularly through the upgrade of the ASEAN Trade in Goods Agreement (ATIGA), noted Nguyen./.

en.baochinhphu.vn

Đọc thêm

Heineken to shift production from Singapore to Vietnam and Malaysia

Heineken to shift production from Singapore to Vietnam and Malaysia

Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Lynas secures Vietnam metal processing deal with LS Eco Energy

Lynas secures Vietnam metal processing deal with LS Eco Energy

Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development

Vietnam and EU seek to strengthen ties in transport infrastructure and urban development

Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre

Warburg Pincus eyes participation in Vietnam International Finance Centre

Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam

Novatek eyes expanded LNG cooperation in Vietnam

As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam

EU to mobilise over $1 billion for major infrastructure projects in Vietnam

The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties

NIC partners with TU Berlin to boost Vietnam innovation ties

The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary

ACB proposes $20 million non-life insurance subsidiary

Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
Xem thêm

Mới nhất Đọc nhiều