The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
Vietnamese Ambassador to Australia Pham Hung Tam said he hopes that the Canberra administration will continue welcoming Vietnamese delegations for visits and working sessions, viewing such exchanges as vital for enhancing cooperation and understanding between the two nations.
Outbound shipments to the ASEAN region came to 47.88 billion USD in the January-May period, up 4.3% from the same period last year, according to data compiled by the Korea International Trade Association (KITA).
ASEAN is a peaceful region, which makes it a conducive location for foreign direct investment and business ventures that can come from across the globe, said the chief economist of Bank Muamalat Malaysia Berhad.
On this occasion, the two leaders agreed to elevate bilateral ties to a sectoral strategic partnership in science, technology, and innovation, and pledged to intensify cooperation in various areas, including innovation, high technology, nuclear energy, semiconductors, green and digital transitions.
An Argentine scholar has laid stress on the leadership role of the Communist Party of Vietnam (CPV), particularly Party General Secretary To Lam, in driving state apparatus streamlining while accelerating science-techology development, digital transformation, international integration, and private sector growth.
According to the earlier US tariff announcement, Cambodia encounters the highest rates of 49%, followed by Laos (48%), Vietnam (46%), Myanmar (44%), Thailand (36%), and Indonesia (32%). Meanwhile, Malaysia, Brunei, the Philippines, and Singapore face lower rates ranging from 10% to 24%.
Indonesia, with over 17,000 islands, is among the countries most vulnerable to rising sea levels, storms, flooding and seismic activity. Jakarta, in particular, is experiencing severe land subsidence — with some areas sinking by as much as 25 centimetres per year — which, coupled with tidal surges, has led to increasingly frequent and severe flooding.
Malaysia has expressed its readiness to negotiate in four key areas: addressing the US’s reported 24.8 billion USD trade deficit with Malaysia, removing non-tariff barriers, strengthening protections for technology and national security, and exploring the possibility of a bilateral trade agreement.
Malaysian Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz described the plan as a "blueprint for regional economic transformation" that will drive sustainable growth and deeper integration.
An official the Vietnamese Ministry of Foreign Affairs, highlighted the resilience of the ASEAN Plus 3, EAS, and ARF frameworks through crises, including the 1997 financial crisis and the COVID-19 pandemic.
In her opening remarks, Vietnamese Ambassador Ngo Minh Nguyet highlighted the significance of partnership between ASEAN and the Southern Common Market (Mercosur) amid complexities of today's global landscape.
AIPA President and Speaker of the Malaysian House of Representatives Tan Sri Johari Abdul said that a report by the United Nations Office on Drugs and Crime (UNODC) released on May 28 warned that ASEAN youth are facing emerging threats from synthetic drugs, especially when they are disguised in products such as e-cigarettes.
At their meeting, the two leaders also discussed ASEAN-EU cooperation and appreciated the results achieved, especially the progress in the negotiations of the ASEAN-EU Free Trade Agreement (FTA).
PM Pham Minh Chinh called on the international community to act faster, more strongly, and more decisively and to gather joint efforts by countries, regions, and the whole world in preserving and sustainably using the blue ocean.
