Ambassadors from ASEAN member countries were brought together at a workshop in Cairo on June 4 to exchange economic and investment cooperation with Egypt.
Cairo (VNA) – Ambassadors from ASEAN member countries were brought together at a workshop in Cairo o🦩n June 4 to exchange economic and investment cooperation with Egypt.
Chairman of the Egyptian Council for Foreign Affairs (ECFA) Mounir Zahran said Egypt could learn experience from ASEAN in economic management, development, and investment attraction. This is significant as the country is carrying out the Egypt Vision 2030, he added.
Addressing the event, Vietnamese Ambassador to Egypt Do Hoang Long highlighted the establishment of the ASEAN Community in late 2015 as endless effort of member states over the past five decades.
The workshop creates a good chance for businesses from ASEAN and Egypt to cement their trade ties, he added.
Participants exchanged information on the potential, advantages, and cooperation opportunities between the two sides, especially in economics, trade, investment, science-technology and culture.
They suggested ASEAN and Egypt reach an agreement on the avoidance of double taxation to encourage bilateral investment and trade promotion.
With a gross domestic product (GDP) of nearly 3 trillion USD and a total population of 625 million, ASEAN is the third biggest economy in Asia and seventh in the world.
The bloc is expected to record an average economic growth of 5.4 percent for 2014-2018.
As a dynamic economic community, ASEAN is offering numerous opportunities for international businesses, including those from Egypt and the Middle East-North Africa region.-VNA
ASEAN will focus on food and agriculture, trade facilitation, development of Micro, Small and Medium Enterprises (MSMES), education, health and social welfares, to narrow development gaps in the bloc.
The 24th ASEAN Labour Ministers Meeting convened in Vientiane on May 15 with a focus on creating sustainable jobs and a competitive workforce in the ASEAN Community.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
Illustrative image (Photo:VNA)
