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ASEAN must become active force in shaping new rules of era: Vietnamese PM

ASEAN must become active force in shaping new rules of era: Vietnamese PM

In his keynote address to the ASEAN Future Forum 2026 which opened in Hanoi on June 9, Vietnamese Prime Minister Le Minh Hung stressed that ASEAN should continue upholding the values that have underpinned its success - solidarity, resilience and unity in diversity, while embracing greater innovation in both thinking and action.

ASEAN must evolve from a participant in global trends into an active force shaping the rules and standards of a rapidly changing world, Prime Minister Le Minh Hung said at the opening of the ASEAN Future Forum (AFF) 2026 in Hanoi on June 9, as quoted by the Vietnam News Agency.

In his keynote address, PM Hung said ASEAN is at a pivotal moment in its development as the foundations of the global economy, technology and power structures are being reshaped.

He noted that ASEAN’s greatest achievement over nearly six decades lies not only in its population of almost 700 million people or its position as one of the world’s most dynamic growth centers, but also in its ability to overcome differences, build trust and foster cooperation to create a resilient and united community while preserving diversity.

According to the Vietnamese PM, if the past six decades were devoted to building ASEAN’s identity, the coming decades will be about shaping ASEAN’s future amid profound global transformation. Technology is redefining competitiveness, artificial intelligence is transforming productivity, data is reshaping power, and green transition is creating new development models.

In such an environment, advantages will belong not only to countries with abundant resources but also to those capable of helping establish new rules and standards of the era, he said. Vietnam believes ASEAN must become an active contributor to that process rather than simply adapting to global trends.

To realize this ambition, the PM said, ASEAN should continue upholding the values that have underpinned its success - solidarity, resilience and unity in diversity, while embracing greater innovation in both thinking and action. The bloc should remain firm in its principles while becoming more agile in its responses to emerging challenges and opportunities.

As ASEAN implements its Community Vision 2045, PM Hung proposed three strategic directions for the bloc.

First, ASEAN should not only participate in global trends but also help shape them. In an increasingly fragmented and competitive world, the grouping needs a stronger voice in building new norms, rules and cooperative frameworks while resolving differences in accordance with international law. ASEAN should serve as a center for dialogue, a hub for cooperation and an anchor of trust, thereby contributing to peace, stability and development in the region and beyond.

Second, ASEAN must move beyond its role as a manufacturing hub and become a center of innovation. While its workforce and strategic location have made it a key link in global supply chains, the future belongs to economies that create, innovate and lead technological development.

ASEAN should strive to become a place where technology is developed, not merely consumed, and where value chains are created rather than simply passed through. This requires stronger investment in science and technology, innovation, digital transformation and high-quality human resources, as well as efforts to build a distinctive ASEAN digital and technology ecosystem that contributes to global standards-setting.

Third, ASEAN must become not only a community of nations but a genuine community of people. PM Hung stressed that the ultimate objective of development is improving people’s quality of life rather than achieving growth figures alone.

Innovation that widens inequality cannot be regarded as progress, while growth that is not inclusive cannot be sustainable, he said. ASEAN’s success should therefore be measured not only by GDP but also by opportunities for young people, the role of women, protection of vulnerable groups and the extent to which citizens feel they are part of the ASEAN community.

PM Hung underscored that ASEAN’s greatest contribution over the past six decades has been demonstrating that differences do not have to lead to division, unity does not diminish diversity, and integration does not erase identity.

In the decades ahead, he said, ASEAN must continue proving that a united and resilient community can play an active role in shaping peace, cooperation and development at both regional and global levels.

Reaffirming that Vietnam’s future is closely linked to ASEAN’s future, the PM pledged that Vietnam will continue working alongside fellow member states with a future-shaping aspiration, helping build a peaceful, stable and prosperous region.


Source: Van Nguyen

Photo: VGP

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Ho Chi Minh City launches eight key projects worth US$9.6 bln

Ho Chi Minh City launches eight key projects worth US$9.6 bln

Ho Chi Minh City on July 1 simultaneously broke ground on eight major infrastructure projects worth more than VND253 trillion (US$9.6 billion) to mark the 50th anniversary of Saigon-Gia Dinh officially being named after President Ho Chi Minh (July 2, 1976–2026).

The projects are the Nha Rong Wharf–Khanh Hoi Cultural Park and Bach Dang Riverside Green Space; the Ho Tram–Long Thanh International Airport Urban Expressway; the Can Gio–Vung Tau Sea-Crossing Route; the Cai Mep Ha General and Container Port (Phase 1); the Binh Tien Bridge and Road project, the Ho Chi Minh City–Moc Bai Expressway (Phase 1), the interchange of the Ben Luc–Long Thanh Expressway and Rung Sac Road; and the interchange of the Ben Luc–Long Thanh Expressway and National Highway 50.

Speaking at the ground-breaking ceremony, Vice Chairman of the municipal People's Committee Hoang Nguyen Dinh described the event as more than the start of major construction works.

It is a pledge in action, demonstrating the city's determination to enter a new stage of development and meet the expectations of the nation, he said.

According to Dinh, the projects will improve regional connectivity, expand urban development space and strengthen the city's competitiveness.

Among them, the Nha Rong Wharf–Khanh Hoi Cultural Park and Bach Dang Riverside Green Space project holds particular historical significance. Covering more than 73 hectares, the site is where President Ho Chi Minh departed in 1911 to seek a path for national salvation.

The area is expected to become a major cultural, historical and tourism destination while improving traffic along the Saigon River.

Dinh urged relevant agencies to accelerate administrative procedures, site clearance and construction material supplies, while calling on investors and contractors to apply modern technologies, ensure construction quality and safety, and prevent losses throughout project implementation.

Dang Minh Truong, chairman of Sun Group, said developing the Nha Rong Wharf–Khanh Hoi project is both an honour and a historic responsibility.

He noted that the company aims to preserve and promote the area's heritage rather than replace it with new landmarks.

Meanwhile, Vingroup Deputy General Director Tran Van Anh, representing the consortium that is developing the Can Gio–Vung Tau Sea-Crossing Route, stressed the company would mobilise its financial, technological and human resources for the project.

She added that the route would significantly shorten travel time between Can Gio and Vung Tau, promoting trade, tourism and the region's marine economy.

According to the municipal People's Committee, the projects are financed through a combination of public investment, public-private partnerships (PPP) and private capital, reflecting the Government's policy of promoting private sector development.

The city expects the projects to unlock new development opportunities following its expanded administrative boundaries, strengthen regional connectivity, boost the marine economy, logistics, tourism and services, and reinforce Ho Chi Minh City's role as Vietnam's leading economic centre.

Dong Nai seeks to pioneer pilot nuclear power plant using small modular reactors

Dong Nai seeks to pioneer pilot nuclear power plant using small modular reactors

Looking toward 2050, the southern city aspires to lead the country in high-tech industries, evolving into a premier center for nuclear research, training, and application in both Vietnam and the broader region.

Dong Nai City in southern Vietnam has set a strategic goal to become the pioneering locality selected by the Central Government to pilot a nuclear power plant using Small Modular Reactor (SMR) technology by 2035.

In implementation of the Prime Minister’s Decision No. 438/QD-TTg regarding the strategy for the development and application of atomic energy for peaceful purposes through 2035, with a vision to 2050, the City People's Committee has issued a comprehensive plan to execute this strategy locally.

By 2030, the city aims to complete and safely operate the Nuclear Science and Technology Research Center in Hang Gon, ensuring synchronized infrastructure such as transportation, electricity, and water to support the project.

Following this, by 2035, Dong Nai intends to have all environmental radiation monitoring stations under its management fully operational. These stations will be integrated into the National Digital Platform and the city’s Intelligent Operations Center (IOC), utilizing Artificial Intelligence (AI) for data analysis and early pollution warnings, as the locality strives to be designated as the nation's pilot site for SMR technology.

Looking toward 2050, Dong Nai aspires to lead the country in high-tech industries, evolving into a premier center for nuclear research, training, and application in both Vietnam and the broader region.

The locality intends to establish itself as an integrated clean energy hub for the Southeast region through a "Hybrid Energy System" model. This system will combine SMRs with renewable energy sources—such as floating solar, biomass, and waste-to-energy—to provide a stable baseload power supply with net-zero emissions, directly serving concentrated digital technology zones and data centers.

To realize these ambitions, Dong Nai will invest in upgrading its automated environmental radiation monitoring network, linking it directly to central authorities and the provincial IOC. The city will also enhance its nuclear incident response plans to address large-scale scenarios, conducting annual drills in coordination with specialized central forces.

Furthermore, the plan includes establishing medical centers capable of specialized treatment for acute radiation syndrome and planning strict management cycles for medical and industrial radioactive waste.

To ensure a skilled workforce, the city will launch academic programs in radiation engineering, nuclear medicine, and environmental law, while upgrading laboratories and enacting policies to attract and retain top-tier talent.


Manufacturing sector ends first half of 2026 with firm growth as PMI holds above no-change mark

Manufacturing sector ends first half of 2026 with firm growth as PMI holds above no-change mark

S&P Global said growth was underpinned by further gains in new orders, which supported a 14th consecutive month of rising output.

HÀ NỘI — The manufacturing sector ended the first half of 2026 on a firm footing, with sustained growth in output and new orders, even as supply-chain pressures and employment weakness persisted, according to S&P Global.

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 51.8 in June, down from 52.8 in May but still above the 50-point threshold, signalling a continued improvement in the health of the sector, S&P Global said in a news release on July 1.

S&P Global said growth was underpinned by further gains in new orders, which supported a 14th consecutive month of rising output. Production growth in June also accelerated to its fastest pace since February, reflecting stronger underlying demand.

“Growth was maintained in the Vietnamese manufacturing sector during June amid further improvements in new orders and an easing of inflationary pressures,” the report said, adding that purchasing activity also increased during the month.

Firms ramped up input purchases to meet rising production needs, but supply-chain delays continued to weigh on inventories, with input stocks falling sharply during the month.

Input costs continued to rise sharply in June due to material supply shortages and higher transportation costs, but the rate of inflation was much softer than that seen in May and the lowest since the start of the year.

Despite stronger activity, manufacturers reduced staffing levels again in June, highlighting continued caution over labour demand even as workloads increased.

Business confidence improved to a four-month high, supported by expectations of further gains in new orders, product development and capacity expansion. However, sentiment remained below pre-conflict levels seen before recent geopolitical tensions in the Middle East.

Andrew Harker, economics director at S&P Global Market Intelligence, said that employment trends remained a weak spot despite improving output and demand conditions.

Still, the sector entered the second half of 2026 on a positive footing, and should remain in expansion as global conditions is predicted to stabilise in the months ahead.


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