The APEC Business Advisory Council (ABAC) agreed on recommendations to be submitted to APEC leaders at its meeting in the central city of Da Nang on November 5.
The presidency of the ABAC meeting (Photo: VNA)
The
fourth ABAC meeting reviewed recommendations that the council will submit to
APEC leaders in their meeting on November 10, and built an action plan for
2018 in Papua New Guinea,
ABAC 2017 Chair Hoang Van Dung told reporters after the meeting.
The recommendations
focus on promoting regional integration and removing protectionism barriers
to facilitate business development and investment; support for small- and
medium-sized enterprises in terms of finance and technologies; vision until
2020 and afterwards, Dung said.
The ABAC
was set up by APEC leaders at the third APEC Economic Leaders’ Meeting, which
took place in Japan in 1995, with the aim of promoting the role of the
private economic sector in APEC cooperation.
The ABAC
now comprises of 63 members representing leading businesses in the region.
Source: NDO |
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.