Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc (Source: VNA)Delivering a speech at a workshop held by the Asia Society Policy Institute inNew York, the US on January 20 (Vietnam time), Loc said that Vietnam’s priorities during the year include supporting trade liberalisation and opposingprotectionism; enhancing regional connectivity in both basic infrastructure andinstitution; promoting sustainable and inclusive growth; and assisting smalland medium enterprises and women’s involvement in economic development.
The country will foster agricultural development, climate change adaptation, naturalresources management and sustainable development in urban areas as well as ensureenergy security and effective labour force.
Vietnam will work with financial ministers from APEC member economies todevelop markets and provide financial assistance for private enterprises, Locsaid.
Speeches delivered at the forum focused on analysing benefits brought by tradeliberalisation, and risks from the new US administration’s application of tradeprotection policy. They also predicted the future of Trans-Pacific Partnership (TPP)agreement.
Anyway, Vietnam will still pursue trade liberalisation, Loc affirmed.
According to Monica Hardy Whaley, Executive Director of the National Centre of Asia-Pacific Economic Cooperation (NCAPEC), APEC 2017 will bring many opportunities to Vietnamese enterprises topromote investment and trade links .
The event will also offer a good chance for other APEC economies to learn from developmentexperience of Vietnam – one of economies boasting the highest growth in theregion.-VNA
VNA
