Vietnam’s Important Contributions to ASEAN’s Economic Priorities
Arsjad Rasjid, chairman of the ASEAN Business Advisory Council 2023 (ASEAN-BAC 2023). Photo: VNA Ahead of the 42nd ASEAN Summit, scheduled to take place on May 9-11 at Labuan Bajo, Indonesia, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) Arsjad Rasjid assessed that Vietnam made important contributions to the realization of the ASEAN Chair’s economic priorities in 2023. According to Rasjid, Vietnam plays an important role in promoting trade and investment within and outside the region, participating in initiatives such as the ASEAN Free Trade Area. Vietnam recently expressed its desire to join the cross-border payment network, which is considered a positive development step for regional economic integration. In addition, Vietnam’s hosting of the upcoming ASEAN Wind Energy 2023 conference is a significant contribution to the region’s renewable energy goals. According to the International Renewable Energy Agency, Southeast Asia has wind power capacity of up t