'New era’ in Southeast Asia ties with US, says Biden

By Minh Van
Sat, May 14, 2022 | 7:31 pm GMT+7
U.S. President Joe Biden (R) at the ASEAN-U.S Summit in Washington D.C., May 2022. Photo courtesy of the government's portal.

U.S. President Joe Biden (R) at the ASEAN-U.S Summit in Washington D.C., May 2022. Photo courtesy of the government's portal.

U.S. President Joe Biden said on Friday a first summit in Washington D.C. with ASEAN leaders marked the launch of a "new era" in the relationship between the U.S. and 10 Southeast Asian countries.

"A great deal of history of our world in the next 50 years is going to be written in the ASEAN countries," he said on the second day of the two-day ASEAN-U.S. Summit. “We’re launching a new era, a new era in U.S.-ASEAN relations."

The summit marks the first time ASEAN leaders have been invited to the White House in 45 years. The White House issued a joint vision statement for the event.

The Association of Southeast Asian Nations or ASEAN is comprised of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

U.S. President Joe Biden (central) poses for a group photograph with ASEAN leaders during the summit at the White House in Washington D.C., May 12, 2022.

U.S. President Joe Biden (central) poses for a group photograph with ASEAN leaders during the summit at the White House in Washington D.C., May 12, 2022.

Within the summit framework, the ASEAN leaders, including Vietnamese Prime Minister Pham Minh Chinh, had a meeting with the U.S. business community on the first day. It focused on a range of issues like energy, sustainability and energy transition in the region; investment in low-carbon energy and infrastructure; digitalization, digital commerce and economy.

U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai attended the meeting, which also saw the presence of executives of leading American corporations like Google, Qualcomm, Abbott, AES, Chevron, General Electric, and Boeing.

Katherine Tai stated that the U.S. will work with ASEAN to develop an inclusive and sustainable economy. Meanwhile, business leaders shared a view that ASEAN is a strategic market for digital transformation, expressing their hope for new policies to make changes in digitization.

The U.S.-ASEAN Business Council (US-ABC), in partnership with the U.S. Chamber of Commerce, hosted the meeting.

"We witnessed a historic moment of cooperation in the U.S.-ASEAN relationship," said US-ABC President and CEO Ambassador Ted Osius.

"There is a phenomenal set of opportunities to expand the relationship between the United States and Southeast Asia and today's discussion on the digital economy, climate change, and more was a key steppingstone for both sides," he said in a release.

The Council has nine offices around the globe, in Washington D.C., New York, Bangkok, Hanoi, Jakarta, Kuala Lumpur, Manila, Singapore, and Yangon.

At the summit, PM Pham Minh Chinh affirmed ASEAN's principled stance on the South China Sea, known as the East Sea in Vietnam, that is to peacefully resolve all disputes and differences on the basis of international laws, including UNCLOS.

Vietnamese Prime Minister Pham Minh Chinh at the ASEAN-U.S. Summit in Washington D.C., May 2022. Photo courtesy of the government's portal.

Vietnamese Prime Minister Pham Minh Chinh at the ASEAN-U.S. Summit in Washington D.C., May 2022. Photo courtesy of the government's portal.

"The 45-year journey of ASEAN-US cooperation has seen great strides, making important contributions to promoting dialogue, building trust, and maintaining peace, security, stability and development in the region," he stated.

Chinh emphasized that all the parties need to continue promoting sincere dialogue on the basis of trust and responsibility, join hands to control disagreements, and respect the law.

Addressing a meeting on climate change response, clean energy transition and sustainable infrastructure between ASEAN leaders and U.S. ministers, he raised cooperation issues within the framework of the Mekong-U.S. Partnership, saying this contributes to equitable and sustainable development.

The Prime Minister added that he highly appreciated the efforts of countries to cooperate in responding to climate change through economic restructuring, application of scientific and technical advances, development of renewable energy, promotion of clean energy transformation, and building high-quality infrastructure towards green and sustainable development.

Comments (0)
  • Read More
E-commerce, digital platforms likely to pay taxes on behalf of their sellers in Vietnam

E-commerce, digital platforms likely to pay taxes on behalf of their sellers in Vietnam

E-commerce and digital platforms will have to declare and pay taxes on behalf of their sellers starting January 1, 2025, according to a draft amendment to the Law on Tax Administration.

Finance - Wed, November 20, 2024 | 5:37 pm GMT+7

Flexibility, adaptability key to effective leadership: PepsiCo Vietnam exec

Flexibility, adaptability key to effective leadership: PepsiCo Vietnam exec

In a rapidly changing world, leaders need to develop the skill of being “as flexible as seaweed,” says Nguyen Viet Ha, general director of PepsiCo Foods Vietnam.

Companies - Wed, November 20, 2024 | 3:52 pm GMT+7

Central Vietnam province okays $88 mln automobile part project

Central Vietnam province okays $88 mln automobile part project

Binh Thuan province's industrial zone authority on Tuesday granted an investment registration certificate to a $88 million project invested by Taiwan’s NeoSCM Limited.

Industries - Wed, November 20, 2024 | 3:44 pm GMT+7

Thai packaging firm Thantawan Industry makes inroad into Vietnam

Thai packaging firm Thantawan Industry makes inroad into Vietnam

Thantawan Industry Public Company Limited, a leading Thai manufacturer of premium plastic packaging, has inked a deal for a 30-year factory lease, marking its inaugural investment in Vietnam.

Industries - Wed, November 20, 2024 | 3:34 pm GMT+7

Developer Novaland gets legal hassles cleared for satellite urban area bordering HCMC

Developer Novaland gets legal hassles cleared for satellite urban area bordering HCMC

Major property developer Novoland has had legal obstacles for its Aqua City project cleared after Dong Nai Chairman Vo Tan Duc approved Tuesday a critical adjustment to the southern province’s urban development plan.

Companies - Wed, November 20, 2024 | 2:29 pm GMT+7

Pegatron to quadruple workforce at $800 mln project in Vietnam

Pegatron to quadruple workforce at $800 mln project in Vietnam

Pegatron Vietnam, a subsidiary of Taiwanese electronics manufacturer Pegatron Corporation, is set to soon quadruple the company's workforce for its $800-million project in Vietnam.

Industries - Wed, November 20, 2024 | 2:03 pm GMT+7

Thailand’s WHA greenlighted to invest $55 mln in central Vietnam industrial park

Thailand’s WHA greenlighted to invest $55 mln in central Vietnam industrial park

WHA Group, a leading Thai provider of fully integrated logistics and industrial facilities solutions, has secured in-principle approval from the Vietnamese government to invest in an industrial park in central Vietnam.

Industrial real estate - Wed, November 20, 2024 | 12:01 pm GMT+7

Indonesia, Brazil sign cooperation deals worth $2.65 bln

Indonesia, Brazil sign cooperation deals worth $2.65 bln

Indonesia and Brazil on Monday sealed cooperation agreements worth $2.65 billion in the areas of renewable energy, sustainable agriculture and technology at the Indonesia-Brazil Business Forum held in Rio De Janeiro, Brazil, on the sidelines of the G20 Summit.

Southeast Asia - Wed, November 20, 2024 | 11:57 am GMT+7

Nusantara not yet feasible as Indonesia’s capital city: authorities

Nusantara not yet feasible as Indonesia’s capital city: authorities

Indonesian Minister of Home Affairs Tito Karnavian said Jakarta still holds the capital status despite the enactment of State Capital Law No. 3 of 2022, adding that the capital city will officially be relocated after the president issues a presidential decree.

Southeast Asia - Wed, November 20, 2024 | 11:55 am GMT+7

Malaysia’s Halal industry to make up 10.8% of GDP by 2030

Malaysia’s Halal industry to make up 10.8% of GDP by 2030

Malaysia’s Halal industry is projected to account for 10.8% of the country's GDP by 2030, with an estimated value of RM231.1 billion ($51.7 billion).

Southeast Asia - Wed, November 20, 2024 | 11:48 am GMT+7

Thailand takes more fiscal measures to sustain growth momentum

Thailand takes more fiscal measures to sustain growth momentum

The Thai government is working on a raft of fresh fiscal measures to sustain an economic recovery, foster new foreign investment, and lower the near-record household debt, says Thai Prime Minister Paetongtarn Shinawatra's top aide.

Southeast Asia - Wed, November 20, 2024 | 11:46 am GMT+7

Indonesia named world's most generous country in 2024

Indonesia named world's most generous country in 2024

Indonesia has been the world's most generous country for the seventh consecutive year since 2017, reported local weekly magazine Tempo.

Southeast Asia - Wed, November 20, 2024 | 11:41 am GMT+7

Work begins on Mitsubishi Estate’s $55 mln logistics facility in northern Vietnam

Work begins on Mitsubishi Estate’s $55 mln logistics facility in northern Vietnam

Logistics facility brand Logicross, under Japan’s Mitsubishi Estate, kicked off the construction of its Logicross Hai Phong ready-built warehouse in Vietnam’s northern city of Hai Phong on Tuesday.

Industrial real estate - Wed, November 20, 2024 | 10:58 am GMT+7

French logistics giant eyes to launch electric barges on inland waterways in Vietnam

French logistics giant eyes to launch electric barges on inland waterways in Vietnam

CMA-CGM Group, a French shipping and logistics company, has plans to deploy electric barges, initially on inland waterways in Vietnam.

Companies - Wed, November 20, 2024 | 10:43 am GMT+7

2025 a turning point for Vietnam stock market: broker

2025 a turning point for Vietnam stock market: broker

Vietnam's stock market has struggled to capture the attention of both domestic and foreign investors in recent months, reflected by persistent foreign capital outflows and a steady decline in market liquidity, but next year will be a turning point for the market, says Chen Chia Ken, CEO of Phu Hung Securities JSC.

Finance - Wed, November 20, 2024 | 7:07 am GMT+7

Construction trio keen on building $1.5 bln expanded expressway in southern Vietnam

Construction trio keen on building $1.5 bln expanded expressway in southern Vietnam

Three construction majors in Vietnam are interested in building an expanded expressway connecting Ho Chi Minh City with the Mekong Delta provinces of Long An and Tien Giang for an estimated VND38.6 trillion ($1.52 billion).

Infrastructure - Tue, November 19, 2024 | 8:18 pm GMT+7