APEC 2017: Vietnam promotes role of host with active contributions

The hosting of the APEC Economic Leaders’ Meeting for the second time shows the international community’s recognition of Vietnam’s contributions to the Asia-Pacific Economic Cooperation (APEC) forum and affirms the country’s position in the region and the world, according to Czech journalist Pavel Herman.
APEC 2017: Vietnam promotes role of host with active contributions ảnh 1A corner of Da Nang city, which is hosting the APEC Economic Leaders' Week 2017 (Photo VNA)

Pragu​e (VNA) –
The hosting of theAPEC Economic Leaders’ Meeting for the second time shows the internationalcommunity’s recognition of Vietnam’s contributions to the Asia-Pacific EconomicCooperation (APEC) forum and affirms the country’s position in the region andthe world, according to Czech journalist Pavel Herman.

Herman wrote hostingthe event this year, having done so before in 2006, marks an important milestone in the implementation of Vietnam’s externalpolicies of diversification and multilateralisation of relations and creates anopportunity for the Southeast Asian country to promote economic growth.

With the participation of leaders from membereconomies and thousands of leading regional and global enterprises, Vietnamexpects to draw investment to develop its economy and promote tourism throughthe forum, he added.

Vietnam also demonstrated its role as the hostof the forum by proposing the theme and priorities suitable with the countryand other members’ benefits.

Themed “Creating New Dynamism, Fostering aShared Future”, this year’s forum is expected to enhance connectivity andinternational economic growth.

Vietnam proposed four main priorities, includingpromoting sustainable, innovative and inclusive growth, deepening regionaleconomic integration, strengthening competitiveness and innovation for micro-,small-and medium-sized enterprises in the digital age, and enhancing foodsecurity and sustainable agriculture in response to climate change.

Herman also lauded Vietnam’s socio-economicdevelopment in recent years. With stable development and high growth, Vietnamis affirming its position in Asia, he said.

Along with international economic integration,Vietnam has been improving its legal system to improve the domestic businessand investment environment, create favourable conditions for foreign investors,and increase economic competitiveness.

Vietnam is one of the most attractivedestinations for overseas investors, he added.

Meanwhile, President of the Czech-VietnamSociety Marcel Winter hailed the significance of the APEC Year 2017 hosted byVietnam. 

He said the forum will continue to helpstrengthen economic relations among member economies and affirm its leadingposition in establishing regional connectivity and promoting peace, stability,cooperation and development in Asia-Pacific region and beyond.

Through the forum, businesses from Vietnam andother member economies will have opportunities to connect and seek partners, headded.

Established in 1989, the Asia-Pacific EconomicCooperation (APEC) forum comprises 21 economies, including Australia, Brunei,Canada, Chile, China, Hong Kong-China, Indonesia, Japan, the Republic of Korea,Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia,Singapore, Chinese Taipei, Thailand, the US, and Vietnam.-VNA

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