Vietnam urged to encourage ASEAN nations to join OECDFriday, March 9,2018
AsemconnectVietnam - Vietnam should encourage other ASEAN members to join the Organisation for Economic Cooperation and Development (OECD), a senior official from the Japanese Foreign Ministry said at the Ministerial Conference of the OECD in Tokyo on March 8.
Deputy Foreign Minister Bui Thanh Son, who led the Vietnamese delegation to the event, said ASEAN nations should continue giving priorities to boosting economic integration via bilateral and regional free trade agreements.
The SEARP aims to support ASEAN nations’ economic reform and integration, has seen numerous positive outcomes. The OECD has shared its experience, knowledge and advised policies for ASEAN nations in investment, infrastructure, small- and medium-sized enterprises, education-training, among others, Son said.
He suggested ASEAN countries improve their business environments to encourage the private sector to join in infrastructure development, while strengthening their digital connectivity, investing in human resources to take opportunities and benefits of the fourth industrial revolution (4.0).
Son also called on ASEAN countries to enhance their cooperation to mitigate challenges facing skilled labourers shifting among them, promote gender equality, women’s progress via facilitating their access to education, training, employment, and social resources.
During the conference, themed Inclusive ASEAN, participants discussed challenges and opportunities posed during the economic integration and sustainable and inclusive development in Southeast Asia.
The event highlighted the important role of SEARP in creating favourable conditions for ASEAN’s regional integration, supporting reform priorities in ASEAN member nations, and bringing them closer to the OECD.
It also affirmed the strategic significance of connectivity between the OECD and ASEAN via SEARP and acknowledged the progresses SEARP has gained over the past tenure co-chaired by Japan and Indonesia.
Thailand and the Republic of Korea will co-chair SEARP in the 2018-2021 term.
Vietnam a silver lining in Asian economy: Asia Society
Over 300 firms to attend Saigon Autotech & Accessories 2019
South Africa – gateway for Vietnamese rice to Africa
Seminar updates firms on RoK plant quarantine regulations
HCM City, China’s Chengdu boost trade, tourism links
Drastic changes needed for further FDI opportunities from Japan
Amendments to power purchase agreement called for more FDI
Vietnamese, Greek enterprises urged to foster trade partnership
Vietnam, Cambodia PMs attend business forum
Vietnamese farm produce holds huge potential in EU market
US gives Vietnam a helping hand to develop LNG terminal
PM Phuc: Vietnam persists with open visa policy
Vietnam, Italy seek effective economic cooperation
Vietnam, RoK strengthen trade, investment cooperation