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Vietnam Business Week to take place in early November

Scene during a press discussion (Photo: VNA)

Hanoi (VNA) – The Vietnam Business Summit
will flog off in a executive city of Da Nang on Nov 7 within a framework
of a APEC Economic Leaders’ Week, listened a press discussion in Hanoi on
October 9.

The conference, hold by a Vietnam Chamber of Commerce and Industry (VCCI) and
relevant parties, updated outcomes of a third assembly of a APEC Business
Advisory Council (ABAC 3) in Toronto, Canada, on Jul 24-28,  as good as recommendations of APEC business
leaders to be submitted to APEC ministers during a week.

Hoang Van Dung, ABAC Chair, pronounced that during a meeting, a legislature rarely valued
positive impacts of a tellurian trade complement that is building on a basement of
law and open market, assisting urge vital standards of people in a APEC
member economies.

ABAC3 hold that APEC not usually gears towards a some-more open and integrated region
but also aims to move about sustainable, thorough expansion to a community, he

The assembly listened that trade liberalisation has generated good social
benefits, assisting millions of people shun from poverty, Dung said, adding
that trade liberalisation has been reflected by a arrangement and
implementation of earnest trade agreements like a Trans-Pacific Partnership
(TPP) agreement, a Regional Comprehensive Economic Partnership (RCEP)
agreement and a Pacific Alliance.

Such deals have contributed to formulating new jobs and
ensuring food confidence in a region, while compelling trade in a destiny and laying
a substructure for a arrangement of a Free Trade Area of a Asia-Pacific
(FTAAP), he noted.

The council, therefore, underlined a need for APEC to take petrify stairs to realise
the aim of a FTAAP.

Dung pronounced business leaders voiced their support for multilateral trade while
agreeing to continue a FTAAP, pursue a new bulletin on services, mislay non-tariff
barriers, promote trade and investment, and put onward a post-2020 Vision for

They also corroborated a APEC connectivity programme and suggested intensifying
digital and internet connectivity, facilitating a transformation of learned workers,
developing a fortuitous of peculiarity labourers and enhancing a appearance of
micro, tiny and medium-sized enterprises in a tellurian marketplace around digital
economy and e-commerce.

Vu Tien Loc, VCCI Chairman, such issues as innovative business model, the
facilitation of tiny enterprises’ entrance to financial and women’s participation
in mercantile activities, along with economic, financial and amicable inclusion,
food confidence and energy, and immature expansion also won capitulation of businesses.-VNA

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