ASEAN ready to work on G-20 agenda

ASEAN and Viet Nam were ready to co-operate with the Group of Twenty (G-20) to carry out its development agenda, affirmed Prime Minister Nguyen Tan Dung. Dung made the statement while talking on the theme of global economy and a framework for strong, sustainable and balanced growth at the G20 Seoul Summit in the Republic [...]

Forex frictions as G20 powers meet

The world’s top finance officials convene in South Korea Friday, stalked by currency disputes that threaten to destabilise a fragile recovery from the global economic crisis. G20 finance ministers and central bankers were to start a two-day meeting at 0645 GMT in preparation for a Seoul summit next month grouping leaders of nations at the [...]

G20 Summit and ASEAN

South Korea is going to host the Group of Twenty (G20) Summit this Nov. 11-12 in Seoul. After the conclusion of the Summit in Toronto, Canada, last June, it is now South Korea’s turn to chair the organization until the November Summit meeting. South Korea is the third Asian country to chair G20 after India [...]

Vietnam makes good impression at G20 Summit

This was the first time at the G20 Summit that Vietnam had the opportunity to share its opinions, initiatives and experiences and actively contribute to resolving global economic issues. Its viewpoints on regional and international affairs left a good impression on the participants. Prime Minister Nguyen Tan Dung and the Vietnamese delegation left Toronto, Canada [...]

IMF chief: Speed up change in vote system

Developed economies should do more to ensure that emerging economies have a greater say in the International Monetary Fund (IMF), with China’s increased voting power reflecting the real role of the nation’s economy, said Dominique Strauss-Kahn, the IMF’s managing director. Speaking at a press briefing at the end of the G20 summit, Strauss-Kahn said that [...]

‘Spirit of unity’ prevails at summit

Leaders of the G20 nations and organizations arrived in Toronto with divergent agendas. But they ended their two days of discussions with the “spirit of unity” that Chinese President Hu Jintao called for in his address to the G20 summit. The final document – the G20 Toronto Summit Declaration – leaves room for the economies [...]

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