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Thailand’s Bangkok Post highlights Vietnam’s role as APEC 2017 host

Thailand’s Bangkok Post on October 31 highlighted Vietnam’s role as host of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting scheduled for the central city of Da Nang on November 10-11.
Thailand’s Bangkok Post highlights Vietnam’s role as APEC 2017 host ảnh 1President Tran Dai Quang attends rehearsal of activities in the APEC Economic Leaders Week (Source: VNA)
Hanoi (VNA) – Thailand’s Bangkok Post on October31 highlighted Vietnam’s role as host of the Asia-Pacific Economic Cooperation(APEC) Economic Leaders' Meeting scheduled for the central city of Da Nang onNovember 10-11.

The article said the summit has great significance in termsof economic and strategic matters, given the rapidly changing world, addingthat Vietnam has four key objectives at the event.

First of all, amid the rise of populism and protectionism,the host must seize the moment with APEC leaders to make their cooperativeprocess more effective and efficient.

Secondly, the efforts to reduce trade barriers and increaseinvestment liberalisation must continue as APEC is entering its fourth decadeof development.

Thirdly, to sustain economic growth, Vietnam must use thisopportunity to further promote bilateral trade to expand its exports andattract foreign investment.

Finally, Da Nang is considered Vietnam's most well-known portfacility and will be the showcase for future connectivity that links SoutheastAsia to the rest of the world. During the US President Donald Trump's visit toDa Nang, Vietnam can showcase the diplomatic finesse which has brought itinternational recognition.

According to the article, Vietnam will also use the APECplatform to push Washington to display a clearer position on trade andinvestment liberalisation.

As host of the APEC 2017, Vietnam will seek further commitmenton the sidelines of the event from 11 member countries of the Trans-PacificPartnership that the trade deal should continue even without the USparticipation.

In conclusion, it said the success of APEC would furtherenhance Vietnam's leading role at the ASEAN Summit. Already, the country is alsopreparing for its ASEAN Chairmanship in 2020 to ensure that the group will workin tangible ways to strengthen ASEAN centrality and external relations, as wellas community-building by closing the gap between its old and new members.-VNA
VNA

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