APEC: Vietnam vows to foster regional economic integration
Hosting APEC in 2017, Vietnam vows to work side by side with other APEC members in fostering regional economic integration towards the Asia-Pacific region's prosperity, President Truong Tan Sang said.
APEC leaders pose for a photo on November 18 (Photo: Xinhua/VNA)
Manila (VNA) – Hosting APEC in 2017, Vietnam vows to work side by side with other members of the Asia-Pacific Economic Cooperation (APEC) forum in fostering regiona𒈔l economic integration towards the prosperity of the Asia-Pacific region, President Truong Tan Sang said o🃏n November 19.
The president made the remarks at the first plenary session of the 23rd APEC Summit in Manila, the Philippines.
The region has seen a rapid transformation, he said, speaking highly of the APEC 2015’s efforts to stimulate quality development.
He called on APEC member economies to continuously foster regional economic integration towards sustainable development goals and focus their cooperation on reducing poverty, development gap and disaster risk; ensuring food security; and developing sustainable agriculture and green tourism.
The APEC economies also need to step up economic and technical cooperation and support for improved capability of developing members, particularly in new-generation economy and trade, the President added.
Having great potentials in economy, science and technology, the APEC members and enterprises should get more involved in sub-regional and regional integration schemes, notably the ASEAN and Mekong, he noted.
Highlighting contributions of Vietnam to strengthening APEC and regional economic integration, the state leader said Vietnam has learned great lessons from 30 years of the “Doi moi” (Renewal) process, which show economic growth is fueled by greater integration while the determinant of sustainable and inclusive growth is reform, particularly reforms of economic system, human resources and infrastructure.
At the first plenary session, themed “Inclusive growth through regional economic integration”, APEC leaders were firmly committed to achieving the Bogor Goals in 2020 towards the establishment of the Free Trade Agreement of the Asia-Pacific (FTAAP) and developing the region as a driving force of regional and global connectivity.
They affirmed their support for multilateral trade and adopted measures to enhance quality development, reform and increase the participation of micro, small and medium enterprises (MSMEs) in global markets to boost growth.
The APEC 23 Summit, themed “Building inclusive economies, building a better world”, officially opened in Manila on November 19. This is the second time the Philippines has hosted the APEC Summit, with the first time being in 1996.-VNA
Vietnam supports APEC priorities on strengthening regional linkages and connectivity, especially efforts to fulfil the Bogor Goals and realise a free trade area in Asia-Pacific (FTAAP).
President Truong Tan Sang has called on APEC enterprises to enhance their corporate social responsibility, continue supporting economies and people in boosting sustainable and inclusive development.
Leaders of the 12 Trans-Pacific Partnership member countries adopted a Joint Statement demonstrating their strong commitment to pushing ahead with the signing, ratification, and execution of the pact.
President Truong Tan Sang continued his hectic schedule in Manila, the Philippines, on November 18 as part of the 23rd Asia-Pacific Economic Cooperation (APEC) summit week.
Boosting regional cooperation is high on the agenda of the 23rd Asia-Pacific Economic Cooperation Summit (APEC 23), which opened in Manila, the Philippines, on November 18.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
APEC leaders pose for a photo on November 18 (Photo: Xinhua/VNA)
