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.

 

President Tran Dai Quang delivering a keynote address at the APEC CEO Summit in Da Nang

Delivering a keynote speech at the event, President Tran Dai Quang said throughout nearly three decades of evolution, APEC has not only witnessed turning-point changes of the world but also been part of these changes.

"As a premier regional economic forum, APEC has recorded many important achievements in economic and social development, and lifted hundreds of millions of people out of poverty.”

It has become the most effective economic cooperation mechanism in promoting the role of businesses and transforming the Asia-Pacific region into a driver of global growth and integration as well as the incubator of new ideas for the future.

"These achievements were not possible without crucial contributions from the Asia-Pacific business community that you represent,” he stressed.

Thanks to the essential contributions of the businesses, from the world-leading enterprises to the MSMEs and woman-led businesses, the Asia-Pacific has become a driver of economic growth, and the hub of investment, science and technology, contributing to nearly 50% of the global investment, trade and almost 60% of GDP, he said.

The APEC business community also plays a pioneering role in the development of new technology and energy industries, business cooperation, and next-generation trade and investment issues, bringing about greater resources to better meet the people’s material and cultural needs, he noted.

According to the President, during the past years, particularly over nearly a year of the APEC 2017, Vietnam has worked with other member economies to develop and implement a wide range of meaningful cooperation programs and activities for the people and businesses on human resource development in the digital age, development of MSMEs, cross-border e-commerce facilitation, promotion of internet and digital economy and financial, economic and social inclusion.

"Our overarching goal is to promote people- and business-centred development,” he affirmed.

The leader emphasised Vietnam’s priorities including generating further the momentum of global economic integration and recovery, upholding its leading role in trade and investment liberalisation, and fulfilling the Bogor Goals by 2020.

Public-private partnership should be strengthened to promote comprehensive and inclusive connectivity, develop quality infrastructure, and enhance supply chain connectivity as well as next-generation trade and investment issues, he stated.

President Quang took this occasion to urge businesses to enhance cooperation and support member economies in promoting investment in education and training so that the economies and employees can better adapt to the new economic environment.

"APEC needs to bolster efforts to ensure the inclusiveness of growth. We need to turn "economic miracles” into "inclusive development miracles” in our region and APEC should continue to play a leading role in the implementation of the United Nations’ Sustainable Development Goals,” he said.

He went on to say that businesses need to place greater emphasis on social responsibility, make active contributions to building resilient and inclusive communities, ensuring food-water-energy security, infusing entrepreneurship, furthering women’s economic empowerment, and supporting MSMEs in gaining a stronger foothold in the global market.

"With the contributions and practical experience of businesses, we can develop a comprehensive and inclusive vision for the region, which ensures the interests of the people and businesses. This also provides the fundamentals for the sustainable development of the APEC economies and business community in the future,” he concluded.

During the three-day summit, delegates will discuss pressing issues such as the future of globalization, game changer, the future of work, the new job creators, connecting for growth, new frontiers in trade, the digital age, among others.

Chinese President Xi Jinping, US President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to deliver keynote addresses at the event.

 

                                               Source: NDO

Related Topics


Hoa Binh province follows Uncle Ho’s teachings

Throughout his revolutionary life, Uncle Ho visited Hoa Binh province four times. He also sent dozens of letters, telegrams, greeting cards, and heartfelt messages to local officials, Party members, and people of all ethnic groups, urging them to remain united, support one another, strive for progress, and actively engage in both production and resistance efforts to build a prosperous homeland.

Hoa Binh focuses on large timber plantation to improve forestry value chain

To unlock the full potential of its forest resources, the standing board of the provincial Party Committee on July 30, 2020 issued a Resolution on the sustainable development of production forests through 2025, with a vision toward 2030.

Cao Phong district promotes education through learning from President Ho Chi Minh’s example

In recent years, the education and training sector in Cao Phong district, Hoa Binh province, has actively integrated its tasks with the promotion of studying and following President Ho Chi Minh’s thought, ethics, and style. This approach has contributed significantly to improving the overall quality of education across the district.

Thematic exhibition on CPV’s formation, development, achievements opens

The Hoa Binh provincial museum on May 16 opened a thematic exhibition "Under the flag of the glorious Communist Party of Vietnam" with more than 200 documents, images and objects featuring the glorious 95-year journey of the Party.

Hoa Binh police harness digital ID app to collect public feedback on amendments to 2013 Constitution

Hoa Binh police are collecting public feedback on amendments to the 2013 Constitution via the national identification app VNeID. This innovative approach marks a giant leap towards modernising grassroots democracy and enhancing transparency in public consultation.

Hoa Binh reviews progress of substandard housing eradication programme

Nguyen Phi Long, alternate Member of the Party Central Committee and Secretary of the Hoa Binh Party Committee, on May 14 chaired a meeting of the provincial steering committee for its programme to eliminate makeshift and dilapidated housing for the poor. The session reviewed the programme’s outcomes to date and discussed forthcoming tasks.