The Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) announced the results of its third meeting in 2022 at a press conference in Ha Long city, the northern coastal province of Quang Ninh, on July 29.
Quang Ninh (VNA) – The Asia-PacificEconomic Cooperation (APEC) Business Advisory Council (ABAC) announcedthe results of its third meeting in 2022 at a pressconference in Ha Long city, the northern coastal province of Quang Ninh, on July29.
The meeting, themed “Embrace. Engage. Enable” and lasting from July 26 – 29, attracted 150 delegates from the 21 APEC member economies, including leaders of prestigiousand influential investment organisations, and representatives from outstandingbusinesses in Asia-Pacific.
President Nguyen Xuan Phuc attended theopening session and said it offers anopportunity to step up cooperation within the private business bloc of APEC, seek ways to recover production and business, promote trade and investment,and reconnect supply chains, towards innovative, sustainable and inclusive developmentin the region.
He also underlined Vietnam’s advantage as a dynamic and potential economy andan attractive investment destination for APEC businesses.
ABAC 2022 Chairman Kriengkrai Thiennukul stressed that the meeting aims todevelop a report of businesseses’ recommendations to APEC ministers;and finalise ABAC's annual report and submit it to senior leaders of the 21 APECeconomies; and prepare contents for the dialogue between leaders of APEC and ABACthat will take place during the APEC Economic Leaders' Week inThailand in November.
Participants discussed and affirmed theirdetermination to continue working closely to respond to challenges in maintainingthe growth trajectory of the region in the face of rapidly changing globaleconomy.
On the occasion, the Vietnam Chamber of Commerce and Industry, together with the provincial People’s Committee, authorities of Hai Phong, HaiDuong and Hun Yen, organised investment promotion events.
Delegates witnessed the signing of a memorandum of understanding on investmentcooperation in Deep C Industrial Park with a total investment of over 1.5billion USD.
Three projects worth 60 million USD received investmentregistration certificates at the event.
VCCI and the four localities signed a cooperation agreement to connect theEastern economic axis, officially forming a sub-regional economic link alongthe Hanoi - Hai Phong - Mong Cai Highway./.
President Nguyen Xuan Phuc attended the annual dialogue between leaders of the Asia-Pacific Economic Cooperation (APEC) economies and the APEC Business Advisory Council (ABAC) that was held in the form of videoconference on November 11.
The first meeting of the APEC Business Advisory Council (ABAC 2022) in 2022 has emphasised digital transformation, as the region experiences sudden and extreme changes in the business environment.
The People's Committee of northern province of Quang Ninh province on July 11 held a meeting on preparation for the third meeting of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC 3), which will be held from July 26-29 in Ha Long city.
The third meeting of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) is scheduled to take place in Ha Long in the northern province of Quang Ninh from July 26 to 29.
Secretary of the Party Committee of the northern province of Quang Ninh Nguyen Xuan Ky has pledged to support investors and create optimal conditions for them to operate in the locality in terms of administrative procedures, land, site clearance and workforce, as well as asset security and safety.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
At the press conference (Photo: VNA) 
