APEC CEO Summit continues discussions on various issues
The APEC CEO Summit 2017 continued in Da Nang city on November 9 with discussions focusing on a number of issues closely related to Asian-Pacific businesses.
President and founder of Eurasia Group Ian Bremmer (centre) speaks at a session of the APEC CEO Summit 2017 (Photo: VNA)
Hanoi (VNA)– The APEC CEO Summit 2017 continued in Da Nang city on November 9 withdiscussions focusing on a number of issues closely related to Asian-Pacificbusinesses.
Discussions on the second working day will beheld under the themes of “The New Jon Creators”, “Game Changer”, “Connectingfor Growth”, “New Frontiers in Trade, “the Digital Age” and “Made in theWorld”.
While the “Connecting for Growth” dialogue willlook into effective approaches for promoting economic vitality by bridgingglobal, regional, and domestic gaps tied to trade and business, the one on “NewFrontiers in Trade” is set to mull over the future path of trade liberalisation– what issues need to be resolved and how trade agreements can promoteinclusive growth.
At the “Digital Age” debate, APEC delegates willdiscuss how the evolution of the digital economy will impact the region, andwhat can be done to harness the benefits while preparing societies to adapt.
The “Made in the World” discussion will talkeconomic, political, and technological trends that will change the way goodsand services are produced around the world.
Confidence in revenue growth is at its highest level for three years amongst business leaders in 21 APEC economies, according to a survey conducted by PricewaterhouseCoopers (PwC).
The APEC 2017 CEO Summit, themed “Creating New Dynamism and Fostering a Shared Future” opened in the central city of Da Nang on November 8 as part of the APEC 2017 Economic Leaders’ Week.
Vietnam regards the US as its leading important trade and investment partner, President Tran Dai Quang said in a meeting with representatives of more than 60 US enterprises in central Da Nang city on November 8.
The government and people of Vietnam have done excellent preparation for APEC 2017 and Papua New Guinea wants to learn from Vietnam, said Rimbink Pato Obe, Minister of Foreign Affairs and Trade of Papua New Guinea, host of APEC 2018.
The 29th APEC Ministerial Meeting (AMM) featured three plenary sessions on regional and global economic situation, APEC’s leadership role, and creation of new dynamism for growth.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.
President and founder of Eurasia Group Ian Bremmer (centre) speaks at a session of the APEC CEO Summit 2017 (Photo: VNA) 
