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APEC 2017 creates new momentum for Vietnam’s deeper global integration

The successful organisation of the Asia-Pacific Economic Cooperation (APEC) Forum 2017 creates a new milestone in the process of international integration of Vietnam and demonstrates the country’s strategic vision toward the region, President Tran Dai Quang said at a ceremony to review the APEC Year 2017 in Hanoi on November 27.
APEC 2017 creates new momentum for Vietnam’s deeper global integration ảnh 1President Tran Dai Quang (Photo VNA)

Hanoi (VNA)
- The successfulorganisation of the Asia-Pacific Economic Cooperation (APEC) Forum 2017 createsa new milestone in the process of international integration of Vietnam anddemonstrates the country’s strategic vision toward the region, President TranDai Quang said at a ceremony to review the APEC Year 2017 in Hanoi on November27.

The APEC Year 2017, especially the 25th APECEconomic Leaders’ Meeting in the central coastal city of Da Nang in November,has been successful in all aspects, turning Vietnam into a center of the globalattention, the President said.

The participation of leaders from APEC membereconomies along with over 11,000 delegates, businesspeople and reporters athome and abroad illustrated the special attention of the region and the worldto Vietnam and APEC in general, he said.

Leaders of APEC member economies highlyappreciated the role of Vietnam in leading and creating a new momentum for theregional shared future of peace, stability and prosperity as well as affirmedthe role of APEC in global economic administration.

The President described the success of the APEC2017 as a remarkable external achievement of the Vietnamese Party, people andarmy, which contributes to increasing the role of APEC as a leading regional economiccooperation mechanism.

With historical milestones, the APEC Year 2017has helped increase the position of Vietnam and affirm the country’s contributionsto forming multilateral mechanisms to realise the common goals of building anAsia-Pacific region of peace, stability, dynamism, connectivity and prosperity.

Achievements gained in the APEC Year 2017 arevivid evidence of the victory of free and open trade and multilateral tradesystems, creating a brighter future for the world’s economy.

They also demonstrate the right externalpolicies of extensive and intensive international integration of the Party andState, which have been defined at the 12th Congress of the Communist Party ofVietnam and the Party Central Committee resolutions.

The success of APEC 2017 also laid a foundationto increase the bilateral relations between Vietnam and partners, proven bydozens of bilateral talks and meetings, including historical ones.

Vietnam has made active contributions to theformation of the Comprehensive and Progressive Trans-Pacific Partnership(CPTPP), through which promoting regional economic connectivity.

According to Vietnam’s initiative, leaders of APECmember economies held talks with ASEAN leaders for the first time to coordinateto build a sustainable, transparent and highly adaptive regional economicarchitecture.

All relevant activities took place safely acrosslocalities from the north to the south such as Hanoi, Ho Chi Minh City, QuangNinh, Ninh Binh, Nghe An, Thua Thien-Hue, Khanh Hoa, Can Tho, and Da Nang,President Quang noted.

He highly valued the Vietnamese businesscommunity for actively engaging in APEC activities, especially the APECBusiness Summit and the Vietnam Business Summit. 

The President recognised the whole country’sefforts to make the APEC Year 2017 a great success.

To promote the achievements gained in the APECYear 2017, the President suggested enhancing cooperation in the fields thatVietnam has proposed and adopted by APEC member economies, focusing oninclusive economic, financial and social development, developing humanresources in the digital era, and strengthening food security in response toclimate change.

Added to this are developing rural and urbanareas, micro, small and medium-sized enterprises, facilitating cross-bordere-commerce and infrastructure improvement, and developing the support industryand sustainable tourism.-VNA
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