A view of Vietnam's landscape (Source: Acercandonaciones.com)BuenosAires (VNA) – Argentinean media have run articles about the APEC2017 Economic Leaders’ Meeting which is taking place in the central city of DaNang as well as socio-economic development in Vietnam.
Thewebsite Acercandonaciones.com ran an article, titled “Vietnam and the neweconomic order in the Asia-Pacific”, saying that the APEC Economic Leaders’Meeting will take place in Da Nang from November 10-11, a place for APECeconomic leaders to define the new economic order of the Asia-Pacific.
Sincethe 2016 APEC meeting in the Peruvian city of Lima, the economic order of Asia-Pacific,as well as other regions, has significantly changed.
Mentioningthe US’s withdrawal from the Trans-Pacific Partnership (TPP) Agreement, thearticle said since March, Chile has promoted a meeting together with China, theRepublic of Korea and Colombia, without the US, where they agreed to continuemaking progress in trade integration in Asia-Pacific.
Japanand New Zealand have led the push for a TPP without the US. During meetings inJapan in July and September, ahead of the APEC 2017 Economic Leaders’ Meeting,the stakeholders reached consensus on some technical issues and minimised thediscrepancies on a new version of the TPP.
TheAPEC Economic Leaders’ Meeting will also pose challenges for Vietnam’s economyin accelerating opening trade, and seeking to penetrate in the world's majormarkets to meet high environmental, labour, intellectual and social standards. Vietnamwill also play the role of a diplomatic mediator in the talks for the TPP andthe Regional Comprehensive Economic Partnership (RCEP).
Vietnamwants better trade penetration in the region, while identifying trade orderconditions of Asia-Pacific. With its preparations throughout this year and theupcoming APEC Economic Leader; Meeting, Vietnam wants to show the world that itis up to the challenges.
Inanother article, AsiaTV, an Argentine broadcaster, covered Vietnam’s remarkableeconomic achievements in the first nine months of this year amid global challenges.
Thecountry’s GDP rose 5.15 percent in the first quarter, 6.28 percent and 7.46percent in the second and the third, respectively.
Itseconomic growth rate is expected to reach 6.7 percent in 2017, while inflation hasbeen curbed and foreign currency reserves hit 44 billion USD, and export valuereached 154 billion USD, up 19 percent.
VNA
