ASEAN, US finance, central bank deputies’ meeting held

Deputy ministers of finance and deputy governors of central banks in ASEAN and the US gathered together at an online meeting on October 1, held as part of the ASEAN Finance Ministers and Central Bank Governors’ Meeting hosted by Vietnam.

ASEAN 2020, ASEAN Finance Ministers and Central Bank Governors’ Meeting, US Department of the Treasury, COVID-19, State Bank of Vietnam, public debt, updated Vietnam news, Vietnam News Agency,  Related stories ASEAN,  Related stories United States, ASEAN 2020, ASEAN Finance Ministers and Central Bank Governors’ Meeting, US Department of the Treasury, COVID-19, State Bank of Vietnam, public debt, updated Vietnam news, Vietnamplus, Vietnam News AgencyParticipants in the ASEAN-US finance and central bank deputies’ meeting on October 1 (Photo: VNA)

Hanoi (VNA) - Deputy ministers of finance and deputy governors of central banks in ASEAN and the US gathered together at an online meeting on October 1, held as part of the ASEAN Finance Ministers and Central Bank Governors’ Meeting hosted by Vietnam.

The dialogue between finance-banking sectors in ASEAN and the US Department of the Treasury is an annual event considered important for sharing information and views on finance-banking and helping relevant parties effectively coordinate macro-economic policies.

Participants discussed several issues of regional and global concern, including economic policies in response to COVID-19, the transparency of public debt and financial management, and finance for infrastructure development.

They shared the view that as the global economy is facing an array of difficulties and challenges, close bilateral and regional cooperation among countries’ finance-banking agencies has a crucial role to play.

Deputy Minister of Finance Tran Xuan Ha delivered a speech on Vietnam’s financial policy in the face of the COVID-19 pandemic, along with key measures to help people and businesses overcome the crisis period, in order to realise the twin targets of containing the outbreak and promoting economic development.

He also noted the country’s views on public debt management and finance for infrastructure development.

Meanwhile, Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong said that as economies are largely dependent upon one another, the pandemic’s impacts on global socio-economic development, including in ASEAN and the US, become even more serious and complex.

However, finance ministries and central banks have taken swift and timely actions to sustain financial and macro-economic stability, she added./.
VNA
News Related

OTHER NEWS

ASEAN meeting promotes inclusive entrepreneurship for people with disabilities

The fourth meeting of the Network of Experts on Inclusive Entrepreneurship in ASEAN (NIEA) was held online on October 22, with the theme “Promotion of Inclusive Entrepreneurship towards a Cohesive and Responsive ASEAN... Read more »

ASEAN, UN officials gather at ministerial meeting

Deputy Prime Minister and Foreign Minister Pham Binh Minh chaired the online ASEAN-United Nations Ministerial Meeting on October 21 with the participation of ASEAN foreign ministers, the President of the 75th session of... Read more »

ASEAN 2020: Exhibition on ASEAN traditional costumes opens in Hanoi

The Ministry of Culture, Sports and Tourism, in collaboration with embassies of ASEAN countries in Vietnam, held an exhibition featuring ASEAN traditional costumes in Hanoi on October 21. The event is to celebrate... Read more »

Thailand welcomes first foreign tourists after seven months of border closure

The first group of Chinese tourists under the Special Tourist Visa (STV) scheme, arrived at Thailand's Suvarnabhumi Airport on October 20 and will enter a 14-day quarantine, said the Tourism Authority of Thailand... Read more »

ASEAN-China Young Leaders Scholarship 2020 launched

The ASEAN-China Young Leaders Scholarship (ACYLS) 2020 was launched at a virtual ceremony on October 20. Read more »

Vietnam an effective ASEAN leader: ASEAN Post

Vietnam has been making great strides in projecting itself as an effective ASEAN leader, particularly with its proactive governance in handling the COVID-19 pandemic, climate change policy, and for its political stability, the... Read more »

ASEAN, associated entities to promote cooperation

The ASEAN Secretariat hosted the 4th Forum of Entities Associated with ASEAN. Read more »

ASEAN launches guidelines on social protection in response to COVID-19

The ASEAN Secretariat has convened a high-level roundtable to discuss accelerated actions in addressing the COVID-19 pandemic. Read more »

Vietnam attends ASEAN-RoK joint cooperation committee’s meeting

Head of the Vietnamese mission to ASEAN Ambassador Tran Duc Binh on October 19 attended the 7th meeting of ASEAN-Korea Joint Cooperation Committee (AKJCC), which discussed measures to strengthen cooperation between the two... Read more »

ASEAN holds workshop to enhance regional supply chain efficiency

ASEAN member states' government officials, dialogue partners and other external partners attended a regional workshop on “Development of ASEAN Database on Trade Routes and Framework for Enhancing Supply Chain Efficiency.” Read more »