Deputy PM hails EuroCham’s policy recommendations

The FAO says one third of food produced in the world for human consumption every year worth US$750 billion gets lost or wasted. If food loss and waste is reduced, the world will have more food to feed 2 billion people.  In developing economies, food lost occurs during the process of post production, harvest, transport, and preservation, which is caused by poor infrastructure. But in more developed economies, food waste emerges during marketing and consumption. The Asia-Pacific Economic Cooperation (APEC) declaration in 2010, 2012, 2014, and 2016 emphasized the need to reduce food loss and waste towards a sustainable agriculture and food security.  One of the APEC food security roadmap until 2020 is to decrease food loss and waste by 10% compared with the level of 2011-2012 period. At a recent APEC SOM 3 workshop in Vietnam’s Can Tho city , participants agreed on the need to combine available public-private resources of APEC member economies to find proper ways to reduce food lost and waste.  Some suggested policies to encourage investment and application of scientific and technological advances in the agricultural production chain. Latin American countries will build a set of standards to help prevent food waste which reaches 127 million tons every year. 30% of the total 378 billion tons of food produced annually in Latin America is wasted, while 36 million people suffer hunger.  Since 2015, Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru and Uruguay have included this…... [read more]

NDO - The official visit to the Republic of Indonesia and the State visit to the Republic of the Union of Myanmar, made at the invitation of Indonesian President Jiko Widodo and Myanmar’s President Htin Kyaw, by Party General Secretary Nguyen Phu Trong and a high-ranking Vietnamese delegation have concluded successfully. Taking place on the occasion of Vietnam and the Southeast Asian countries celebrating the 50th anniversary of the establishment of ASEAN, whilst Vietnam, Indonesia and Myanmar are at a critical period of economic and social development, the official visits to Indonesia and Myanmar, made by Party General Secretary Nguyen Phu Trong, mark historical milestones in the relations between Vietnam and Indonesia and with Myanmar. As the countries are witnessing an international and regional situation that is changing rapidly and in a complicated manner the visits have brought the relationship between Vietnam and the two countries into a new chapter, continuing to develop appropriately in the context of the new situation. The two visits demonstrate that Vietnam continues to affirm the foreign policy of the Party and State, in which they attach great importance to the friendship and cooperation with other countries in the region, especially the ASEAN countries. The leaders and people of Indonesia and Myanmar have given Party Secretary General Nguyen Phu Trong and the high-ranking Vietnamese delegation a warm and friendly welcome with the highest reception protocol, showing the friendly relationship between the two countries and Vietnam. On the basis of the time-honoured friendship and…... [read more]

The four-session workshop looked into the PA as a building block of the FTAAP; the PA and its ties within the Pacific region; and contributions of the PA to the APEC in terms of micro, small and medium-sized enterprises, trade facilitation and services. Speaking with Vietnam News Agency reporters, Pyzhikov Nikita, a delegate from Russia, said the FTAAP must be a standard and transparent agreement. “To ensure that the agreement will be transparent, we should work together in establishing a framework of this agreement,” he said, underlining the need to organise more similar events to clarify the role of each party in the realisation of the FTAAP.  Tang Guoquiang, International Co-Chair of the Pacific Economic Cooperation Chair, said the FTAAP plays an important role in economic development, trade and investment facilitation in Asia-Pacific, which has been affirmed in many research studies and reports.  Lauding Vietnam’s rapid economic growth rate, he said Vietnam is a good example in the Asia-Pacific region. Vietnam can bring into full play its role in building the FTAAP and the country can benefit from the area, he said.  As an economic community of four Latin American countries, including Chile, Colombia, Peru and Mexico, the PA has been working since 2011 to deepen the integration of these economies and to define joint actions to strengthen economic ties with the Asia-Pacific, on the basis of existing bilateral trade agreements between countries.... [read more]

Participants at the workshop discussing the ree Trade Area of the Asia-Pacific (FTAAP) and cooperation in trade facilitation between the Pacific Alliance (PA) and APEC member economies (Photo: VNA) HCM City (VNA) – The development of the Free Trade Area of the Asia-Pacific (FTAAP) and cooperation in trade facilitation between the Pacific Alliance (PA) and APEC member economies were the main focus of a workshop in Ho Chi Minh City on August 26. The four-session workshop looked into the PA as a building block of the FTAAP; the PA and its ties within the Pacific region; and contributions of the PA to the APEC in terms of micro, small and medium-sized enterprises, trade facilitation and services. Speaking with Vietnam News Agency reporters, Pyzhikov Nikita, a delegate from Russia, said the FTAAP must be a standard and transparent agreement. “To ensure that the agreement will be transparent, we should work together in establishing a framework of this agreement,” he said, underlining the need to organise more similar events to clarify the role of each party in the realisation of the FTAAP. Tang Guoquiang, International Co-Chair of the Pacific Economic Cooperation Chair, said the FTAAP plays an important role in economic development, trade and investment facilitation in Asia-Pacific, which has been affirmed in many research studies and reports. Lauding Vietnam’s rapid economic growth rate, he said Vietnam is a good example in the Asia-Pacific region. Vietnam can bring into full play its…... [read more]

The statement reads that at bilateral talks and meetings, Vietnamese and Myanmar leaders shared the view that the State visit by General Secretary Trong is a historic milestone in the two countries’ relations. They expressed their delight at the rapid growth of the traditional friendship and multifaceted cooperation in recent years, agreeing to promote bilateral cooperation between the countries’ parties, parliaments, governments and people. On the basis of the growing bilateral ties and new developments in the region and the world, the leaders agreed to establish a comprehensive cooperative partnership between Vietnam and Myanmar. This partnership will intensify the countries’ five cooperation pillars, namely political relations; defence and security cooperation; economic cooperation; cultural and social cooperation, people-to-people exchange, and other fields of shared concern; and cooperation in the region and the world. With the newly founded comprehensive cooperative partnership, the two sides agreed to enhance political ties through mutual visits and meetings at all levels. They agreed to bolster government-to-government cooperation and make efforts to improve bilateral cooperation in economy, culture and science-technique. To strengthen the two economies’ connectivity, they pledged to prioritise cooperation in transport infrastructure and tourism while expanding connections in agriculture-forestry, telecommunications and banking. The two sides were also unanimous in taking measures to improve the investment climate so as to encourage Vietnamese and Myanmar businesses to invest in each other’s markets. They agreed to step up investment and trade promotion and trade facilitation, thus raising bilateral trade to 1 billion…... [read more]

The statement reads that at bilateral talks and meetings, Vietnamese and Myanmar leaders shared the view that the State visit by General Secretary Trong is a historic milestone in the two countries’ relations. They expressed their delight at the rapid growth of the traditional friendship and multifaceted cooperation in recent years, agreeing to promote bilateral cooperation between the countries’ parties, parliaments, governments and people. On the basis of the growing bilateral ties and new developments in the region and the world, the leaders agreed to establish a comprehensive cooperative partnership between Vietnam and Myanmar. This partnership will intensify the countries’ five cooperation pillars, namely political relations; defence and security cooperation; economic cooperation; cultural and social cooperation, people-to-people exchange, and other fields of shared concern; and cooperation in the region and the world. With the newly founded comprehensive cooperative partnership, the two sides agreed to enhance political ties through mutual visits and meetings at all levels. They agreed to bolster government-to-government cooperation and make efforts to improve bilateral cooperation in economy, culture and science-technique. To strengthen the two economies’ connectivity, they pledged to prioritise cooperation in transport infrastructure and tourism while expanding connections in agriculture-forestry, telecommunications and banking. The two sides were also unanimous in taking measures to improve the investment climate so as to encourage Vietnamese and Myanmar businesses to invest in each other’s markets. They agreed to step up investment and trade promotion and trade facilitation, thus raising bilateral trade to 1 billion…... [read more]

The four-session workshop looked into the PA as a building block of the FTAAP; the PA and its ties within the Pacific region; and contributions of the PA to the APEC in terms of micro, small and medium-sized enterprises, trade facilitation and services. Speaking with Vietnam News Agency reporters, Pyzhikov Nikita, a delegate from Russia, said the FTAAP must be a standard and transparent agreement. Participants at the workshop discussing the free Trade Area of the Asia-Pacific (FTAAP) and cooperation in trade facilitation between the Pacific Alliance (PA) and APEC member economies  “To ensure that the agreement will be transparent, we should work together in establishing a framework of this agreement,” he said, underlining the need to organize more similar events to clarify the role of each party in the realization of the FTAAP. Tang Guoquiang, International Co-Chair of the Pacific Economic Cooperation Chair, said the FTAAP plays an important role in economic development, trade and investment facilitation in Asia-Pacific, which has been affirmed in many research studies and reports. Lauding Vietnam’s rapid economic growth rate, he said Vietnam is a good example in the Asia-Pacific region. Vietnam can bring into full play its role in building the FTAAP and the country can benefit from the area, he said. As an economic community of four Latin American countries, including Chile, Colombia, Peru and Mexico, the PA has been working since 2011 to deepen the integration of these economies and to…... [read more]

HCM City, August 25 (VNA) – The APEC Economic Committee (EC) convened its second plenary meeting and the fifth meeting of the Friends of the Chair (FotC) on August 25, discussing the making of regulations and policies to boost development in APEC member economies.  The events were part of the third APEC Senior Officials’ Meeting (SOM 3) and related meetings in Ho Chi Minh City.  At the second plenary meeting on August 25-26, the EC is set to consider a draft report on APEC’s economic policy on human resources development and structural reform. It will mull over the outcomes of competition assessment conducted by the Organisation for Economic Cooperation and Development (OECD) and the APEC Competition Policy and Law Group.  The committee will also look into preparations for a high-level structural reform officials’ meeting.  At the FotC’s fifth meeting, delegates exchanged views on APEC economies’ cooperation prospects and policies on investment in economic finance in the region. They were also updated on APEC’s structure and cooperation in online dispute settlement.  They discussed issues relating to the building of economic legal frameworks to help APEC members meet international standards of legal frameworks. Participants also looked into the efficiency of existing economic institutions and drew lessons for APEC member economies in building economic law. VNA/VNP ... [read more]

Hanoi, August 25 (VNA) – Vietnam and Myanmar issued a joint statement on their comprehensive cooperative partnership on the occasion of Party General Secretary Nguyen Phu Trong’s State visit to Myanmar from August 24 to 26.  The statement reads that at bilateral talks and meetings, Vietnamese and Myanmar leaders shared the view that the State visit by General Secretary Trong is a historic milestone in the two countries’ relations.  They expressed their delight at the rapid growth of the traditional friendship and multifaceted cooperation in recent years, agreeing to promote bilateral cooperation between the countries’ parties, parliaments, governments and people.  On the basis of the growing bilateral ties and new developments in the region and the world, the leaders agreed to establish a comprehensive cooperative partnership between Vietnam and Myanmar.  This partnership will intensify the countries’ five cooperation pillars, namely political relations; defence and security cooperation; economic cooperation; cultural and social cooperation, people-to-people exchange, and other fields of shared concern; and cooperation in the region and the world.  With the newly founded comprehensive cooperative partnership, the two sides agreed to enhance political ties through mutual visits and meetings at all levels.  They agreed to bolster government-to-government cooperation and make efforts to improve bilateral cooperation in economy, culture and science-technique. To strengthen the two economies’ connectivity, they pledged to prioritise cooperation in transport infrastructure and tourism while expanding connections in agriculture-forestry, telecommunications and banking.  The two sides were also unanimous in taking…... [read more]

Scene from a meeting of the APEC Health Working Group (Photo: apec2017.vn) HCM City (VNA) – Health officials from the Asia-Pacific Economic Cooperation (APEC) are expected to have a hectic day in Ho Chi Minh City on August 22 with two policy dialogues and one meeting of the Health Working Group (HWG). One policy dialogue will focus on accelerating action on tuberculosis (TB) and multi-drug resistant tuberculosis (MDR TB) and the other will deal with promoting healthy aging and non-communicable diseases (NCD) control for a healthy Asia - Pacific region. At the same time, the HWG Meeting will enter the second working day after completing a lot of work on August 21. The Intellectual Property Rights Experts Group, the Investment Experts’ Group, the Emergency Preparedness Working Group, the Anti-Corruption and Transparency Working Group, the Mobility Group and the Electronic Commerce Steering Group-Data Privacy Subgroup will also meet on August 22. Besides, APEC officials will mull over other issues relating to customs procedures, trade and investment, chemicals, standards and conformance, and the services sector. In the Mekong Delta city of Can Tho, APEC officials will continue with the Policy Partnership on Food Security Meeting and the Ocean and Fisheries Working Group Meeting. The APEC exhibition on agriculture and advanced agro-production technologies is still underway in the city.-VNA ... [read more]




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