APEC business conferences and forums will be in full swing in September and November, said Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry at a press conference.
Hanoi (VNA) – APEC business conferences and forums will be in full swing in Septemberand November, said Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) at a press conference inHanoi on March 21.
He revealed theinformation while updating the conference on preparations for the APEC CEOSummit and business activities chaired by his agency within the framework ofthe APEC Vietnam Year 2017.
Accordingly, there will besix functions taking place in the two months.
The series begins with astart-up forum in Ho Chi Minh City on September 13, on the sidelines of the APECSmall and Medium Enterprises Ministerial Meeting, as well as an APEC femalebusiness forum in Thua Thien – Hue in the same month.
Loc said Google andFacebook have committed to taking part in and assisting the organisationof the two forums.
Other events are scheduledto run in Da Nang in November. They are the fourth meeting of the APEC BusinessAdvisory Council (ABAC) between November 4 and 7, the APEC CEO Summit betweenNovember 8 and 10, a Vietnam trade and investment promotion forum on November 8,and a dialogue between the ABAC and leaders of member economies on November 10.
At the press conference, HoangVan Dung, Chairman of the ABAC 2017, briefed initial outcomes of the group’sfirst meeting, which was held in Thailand from February 19 to 23.
According to Dung, at themeeting aligning with the APEC Year 2017 theme of “Creating a new driving forcefor a common future”, participants discussed regional economic integration,regional connectivity, sustainable growth, and assistance for micro-, small-,and medium-sized enterprises.
The ABAC also sentrecommendations to APEC leaders and held a dialogue with senior officials from20 member economies on these topics, which was considered the most effectivewith the highest number of participating APEC member economies to date.
The council will organisefurther research activities and meetings to send more reports andrecommendations to different APEC bodies and leaders till year’s end.
ABAC was set up in 1995, working on reports and recommendations to be sent toAPEC leaders in an effort to create a favourable and transparent business andinvestment environment for the region’s business community.-VNA
The first meeting of the APEC Business Advisory Council (ABAC) in 2017 opened in Bangkok, Thailand on February 21, with more than 150 delegates from member economies and ABAC taking part.
Senior officials from APEC member economies have highly evaluated and reaffirmed their support for the theme and priorities proposed by the host country Vietnam for APEC Year 2017.
Established in November 1989 with 12 founding members, the Asia-Pacific Economic Cooperation (APEC) Forum has now become the region’s largest economic cooperation mechanism with 21 economies which together account for 39 percent of the world’s population, 59 percent of the world’s GDP and 48 percent of the global trade.
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.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.