Workers produce a batch of t-shirts at TNG Fashion’s garment factory in Thai Nguyen province (Photo: VNA) Hanoi (VNA) - Vietnamese enterprises must bandtogether with their Asia-Pacific partners for stronger growth.
Said conclusion was reached at an April 24 conference onstrengthening the connection and partnership between Vietnam’s firms andmembers of the Confederation of Asia-Pacific Chambers of Commerce and Industry(CACCI).
Speaking at the conference, Doan Duy Khuong, Vietnam Chamberof Commerce and Industry (VCCI)’s Vice Chairman, appreciated the importantcooperation between the VCCI and the CACCI, and between Vietnam and regionalcountries.
Khuong emphasised the importance of such regionalcollaboration, especially in the context of increasing international economicintegration.
Jemal Inaishvili, President of the CACCI, noted theVietnamese business community’s effort in recent years, with significanteconomic development progress.
He believed such growth has demonstrated the government’sefforts to create a smooth and favourable business environment for both localand international firms.
Seeing how the Asia-Pacific region can be considered thelargest consumer market in the world with a multitude of rising powers such asJapan, China and South Korea, and a total GDP accounting for 60 percent of theworld’s, the area is full of potential, added Khuong.
He also mentioned that since the signing of the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP), cooperationwith major economies and markets would soon be virtually unlimited forVietnamese businesses, in order for them to accelerate operations, trade, whilegaining access to advanced production technology and improved management andadministration.
Coupled with collaboration from Asia-Pacific’s enterprises,Khuong was certain that Vietnam’s firms will gain competitiveness and the wholeeconomy will be significantly improved.
Organised by the VCCI, the event aimed to create a bridgebetween and to help both sides’ businesses find suitable cooperation andinvestment opportunities.
At the same time, the VCCI hoped to reach out to seniormembers of CACCI’s, one of the largest organisations representing theAsia-Pacific region’s business community.
The event was part of Inaishvili’s visit to Vietnam, alongwith over 30 representatives from the CACCI’s member corporations, most notablyfrom Australia, India and Nepal, specialising in textile, garment, cosmetics,consumer goods, food distribution and processing, pharmaceuticals, chemicals,industrial products distribution, construction, IT, and tourism.
Inaishvili expressed his wish to invite representatives fromthe VCCI and other Vietnamese business delegations to join the CACCI Summitlater this year in Istanbul, Turkey.
Earlier in April, the VCCI had worked with the CACCI and theGeneral Department of Customs of Vietnam on a project to update the 2010Incoterms, or International Commercial Terms, and a 2020 draft, in order toupdate and discuss previous experiences and mistakes in the fields of import,export, insurance, banking and finance.-VNA
Said conclusion was reached at an April 24 conference onstrengthening the connection and partnership between Vietnam’s firms andmembers of the Confederation of Asia-Pacific Chambers of Commerce and Industry(CACCI).
Speaking at the conference, Doan Duy Khuong, Vietnam Chamberof Commerce and Industry (VCCI)’s Vice Chairman, appreciated the importantcooperation between the VCCI and the CACCI, and between Vietnam and regionalcountries.
Khuong emphasised the importance of such regionalcollaboration, especially in the context of increasing international economicintegration.
Jemal Inaishvili, President of the CACCI, noted theVietnamese business community’s effort in recent years, with significanteconomic development progress.
He believed such growth has demonstrated the government’sefforts to create a smooth and favourable business environment for both localand international firms.
Seeing how the Asia-Pacific region can be considered thelargest consumer market in the world with a multitude of rising powers such asJapan, China and South Korea, and a total GDP accounting for 60 percent of theworld’s, the area is full of potential, added Khuong.
He also mentioned that since the signing of the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP), cooperationwith major economies and markets would soon be virtually unlimited forVietnamese businesses, in order for them to accelerate operations, trade, whilegaining access to advanced production technology and improved management andadministration.
Coupled with collaboration from Asia-Pacific’s enterprises,Khuong was certain that Vietnam’s firms will gain competitiveness and the wholeeconomy will be significantly improved.
Organised by the VCCI, the event aimed to create a bridgebetween and to help both sides’ businesses find suitable cooperation andinvestment opportunities.
At the same time, the VCCI hoped to reach out to seniormembers of CACCI’s, one of the largest organisations representing theAsia-Pacific region’s business community.
The event was part of Inaishvili’s visit to Vietnam, alongwith over 30 representatives from the CACCI’s member corporations, most notablyfrom Australia, India and Nepal, specialising in textile, garment, cosmetics,consumer goods, food distribution and processing, pharmaceuticals, chemicals,industrial products distribution, construction, IT, and tourism.
Inaishvili expressed his wish to invite representatives fromthe VCCI and other Vietnamese business delegations to join the CACCI Summitlater this year in Istanbul, Turkey.
Earlier in April, the VCCI had worked with the CACCI and theGeneral Department of Customs of Vietnam on a project to update the 2010Incoterms, or International Commercial Terms, and a 2020 draft, in order toupdate and discuss previous experiences and mistakes in the fields of import,export, insurance, banking and finance.-VNA
VNA
