Forum promotes AEC, intra-bloc trade agreements

A forum giving an overview of the ASEAN Economic Community and relevant agreements was held in the central city of Danang on November 11.

Hosted by the Ministry of Planning and Investment's Foreign Investment Agency (FIA), the event attracted representatives of the Departments of Planning and Investment and enterprises from 13 provinces and cities in the Central and Central Highlands regions.

Speaking at the event, FIA Deputy Director Dang Xuan Quang stressed the formation of the AEC in late 2015 and signed relevant agreements have brought both opportunities and challenges to Vietnamese enterprises.

The forum helped raise public awareness and provided basic information of the AEC, the ASEAN Comprehensive Investment Agreement (ACIA) and other agreements, he said.

Participants were introduced to the AEC, opportunities and challenges for Vietnam when joining the community and new-generation free trade agreements (FTAs), the ACIA, as well as the country’s commitment to opening the door for goods from other ASEAN member states.

Nguyen Nguyen Dung, also from the FIA, noted that the ACIA aims to promote investment liberalisation within ASEAN and foster the intra-bloc investment.

It will also boost foreign direct investment (FDI) in ASEAN and protect foreign investors operating in ASEAN member nations, he added.

According to Hoang Thi Dieu Linh from the International Cooperation Department under the Ministry of Finance, Vietnam’s participation in the AEC and new trade agreements would open up great opportunities for the country to boost exports, and Vietnamese firm to expand their markets and attract foreign investment.

Participants stressed the need for Vietnamese enterprises, especially small-and medium sized ones, to improve their competitiveness in the context of the new global business environment.
Mời quý độc giả theo dõi VOV.VN trên

Related

Hanoi firms gain insight into ASEAN Economic Community
Hanoi firms gain insight into ASEAN Economic Community

A great number of Hanoi businesses learned about opportunities and challenges of the ASEAN Economic Community (AEC) during a discussion in the capital city on January 8.

Hanoi firms gain insight into ASEAN Economic Community

Hanoi firms gain insight into ASEAN Economic Community

A great number of Hanoi businesses learned about opportunities and challenges of the ASEAN Economic Community (AEC) during a discussion in the capital city on January 8.

Opportunities, challenges to Vietnam in ASEAN Economic Community
Opportunities, challenges to Vietnam in ASEAN Economic Community

 A scientific seminar “Vietnam joins ASEAN Economic Community (AEC): opportunities, challenges and solutions” took place in Hanoi on November 9. 

Opportunities, challenges to Vietnam in ASEAN Economic Community

Opportunities, challenges to Vietnam in ASEAN Economic Community

 A scientific seminar “Vietnam joins ASEAN Economic Community (AEC): opportunities, challenges and solutions” took place in Hanoi on November 9.