APEC 2017 Annual Conference in Vietnam

Next Story

Vietnam: The Upscale Affordable Travel Destination

The 21 Asia-Pacific Economic Cooperation member economies will meet on November 2017 in Da Nang, Vietnam for the annual APEC conference. The agenda will focus on improving adaptation to change in a globalized world.

Four priorities to be advanced by APEC members over the coming year, under the theme “Creating New Dynamism, Fostering a Shared Future,” were agreed upon following consultations between their senior officials. They also draw on input shared by the private sector, policy researchers and international development organizations.

“In a globalized world of profound changes, APEC needs to assume greater responsibility as an incubator and driver for economic growth and integration,” explained Viet Nam’s Deputy Prime Minister and Foreign Minister Pham Binh Minh. “The opportunity to galvanize APEC cooperation that benefits all has never been greater.”

“After three decades of renovation, Viet Nam today is in a better position to make more meaningful contributions to APEC and to bring tangible benefits to businesses and people across the region,” Deputy Prime Minister Pham added.

APEC’s 2017 Policy Priorities will include:

Promoting sustainable, innovative and inclusive growth
Structural reform will be high on APEC’s agenda to boost productivity, innovation, and equitable and fair development. Mitigating against economic and financial volatility and the increasing threat of natural disasters and pandemics will be an additional emphasis.

Fostering far-reaching regional integration and connectivity
Collaboration will center on revitalizing trade and investment via work on next generation issues that can open up the benefits to more people. Parallel work will address existing and ongoing regional trade arrangements as well as strengthen infrastructure financing and development.


Supporting small business competiveness, innovation and participation in trade
Efforts will include building on APEC’s Ease of Doing Business initiative, with a focus on start-ups and women-led firms. They will also leverage the region’s large, fast-growing internet user base to drive digital infrastructure and small business internationalization.

Enhancing food security and sustainable agriculture in the face of climate change
Work will facilitate the transfer and application of new technologies to lift agricultural productivity, quality and sustainability. Improving resource management, upskilling of farmers, financing and market access, and trade and investment within the sector will be an additional focus.

“The ideas and initiatives our economies will take forward in 2017 can help to ensure that the Asia-Pacific remains a driver of growth and rising living standards,” said Bui Thanh Son, Viet Nam’s Deputy Minister of Foreign Affairs and 2017 Chair of APEC Senior Officials. “It can also provide global leadership in today’s immensely challenging environment,” he concluded.

Tags


More From the Author

  • Adventure, Science and Research defined Dr. Alexandre Yersin
  • French PM visits Vietnam
  • E-commerce is booming in Vietnam
  • Vietnam jumps to 45th place in Global Innovation Index
  • How Kiva.org is changing lives
  • US-based Private Equity firm to establish real estate investment fund in Vietnam
  • Hanoi to host International Real Estate Conference
  • Tourists flocking to Vietnam’s idyllic sand sculpture park
  • First Solar Power Purchase Contract in Vietnam is Signed
  • FutureDocs Abroad Meet in Hue, Vietnam
  • HOSE releases updates for VN30 basket
  • Super Foods are Replacing Rice
  • Vietnam Students Win 3rd Place at Intel Competition
  • Pacific Horizon Pictures Slates Vietnam Film with ‘Crazy Rich Asians’ Producer Ivanhoe
  • Vietnamese parents spend 10 hours a week helping with homework
  • The Zest of Life in Vietnam
  • Vietnamese fashion designer in global demand
  • Hanoi stadium to get $307 million upgrade
  • Uber Sells Southeast Asian Operations to Grab
  • US Trade & Investment Remains Strong in Vietnam
  • Leave a Reply

    Subscribe Today

    We will send directly to your inbox the latest Vietnam investment commentaries, travel tips and "in the know" tidbits! 
    Join the Vietnamese IN CROWD!
    First Name
    Email address