ASEAN members bolster trade with Mexican state

11/18/2019 - 12:04:04 PM

(HBO) - The ASEAN Committee in Mexico, comprising Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, joined hands with authorities of Mexico’s Yucatan state to arrange a business forum in Merida city on November 15th.

Representatives of the ASEAN Committee in Mexico attend the business forum.

Speaking at the event, which drew the participation of nearly 100 businesses, Yucatan state’s Secretary of Economic Development and Labour Ernesto Herrera Novelo said the forum is useful to promote trade between Yucatan and members of the Association of the Southeast Asian Nations (ASEAN) by providing information on the ASEAN market.

Chair of the ASEAN Committee in Mexico - Indonesian Ambassador Cheppy Tri Prakoso Wartono underlined potential cooperation between Yucatan state and Mexico in general with ASEAN nations in the fields of agriculture, manufacturing industry, information technology, investment, education and tourism.

Meanwhile, Vietnamese Ambassador Nguyen Hoai Duong described Mexico as a key market of ASEAN in Latin America. He added that with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which Brunei, Malaysia, Singapore and Vietnam and Mexico are members of, ASEAN and Mexico’s trade will surge in the coming time.

Mexico is currently Vietnam’s third largest trade partner in Latin America, while Vietnam is the eighth biggest Asian market of Mexico. Two-way trade revenue reached more than 3.73 billion USD in the first eight months of 2019.

At the event, officials and firms of Mexico’s Yucatan state discussed cooperation opportunities with ASEAN members to seek trade partners.

Earlier, Governor of Yucatan state Mauricio Vila Dosal hosted a reception for a delegation of the ASEAN Committee in Mexico, during which he highly valued potential for multifaceted cooperation with ASEAN, particularly in economy, trade and investment./.

Source: VNA

Challenges from population aging

Many countries are grappling with rapidly aging population. As population aging becomes an irreversible global trend with significant impacts on economic and social sectors, nations face the urgent task of creating flexible policies to adapt to and make the most of this trend to build prosperous and sustainable societies.

World tourism industry promotes potential and cohesion

With a series of stimulus measures, the world tourism industry is on the way to recovery as before the COVID-19 pandemic broke out. Facing the opportunity to take off, the "smokeless industry” is expected to strongly contribute to global economic growth while promoting potential and cohesion, contributing to peace and sustainable development.

Existential danger from COVID-19 pandemic

The danger from the COVID-19 pandemic is still latent, threatening people’s health and lives in the context that the immunity provided from the COVID-19 vaccine has decreased. Many other dangerous diseases are also likely to break out when the global vaccination rate slows down, due to inequality in access to health services, vaccine hesitancy, and consequences of economic recession.

Vietnam among ASEAN countries recording EV sales surge

The Association of Southeast Asian Nations (ASEAN) is witnessing a rise in the sales of electric vehicles (EVs) in Vietnam, Malaysia and Indonesia, according to Maybank Investment Bank Research (Maybank IB Research).

International friends bid farewell to Party General Secretary Nguyen Phu Trong

The respect paying ceremony for Party General Secretary Nguyen Phu Trong continued on the morning of July 26 at the National Funeral Hall in Hanoi, with high-level delegations from foreign countries and international organisations paying their last respects and expressing deep condolences.

Global outpouring of grief for Vietnamese Party chief

A wave of condolences have poured in from world leaders, international organisations, rulling parties, Communist parties and partner parties following the death of Vietnamese Party General Secretary Nguyen Phu Trong.