APEC 2017: Vietnam in APEC’s new economic structure centre
Impressive economic growth, political stability, military strength, and increased prestige in the international arena have put Vietnam in the centre of a new economic structure of the Asia-Pacific Economic Cooperation (APEC) forum, said a Russia expert.
Illustrative image (Source: VNA)Moscow (VNA) – Impressive
economic growth, political stability, military strength, and increased prestige
in the international arena have put Vietnam in the centre of a new economic
structure of the Asia-Pacific Economic Cooperation (APEC) forum, said a Russia
expert.
At a recent roundtable themed “APEC 2017 in Vietnam: Regional Economic Development”, Vladimir Mazyrin, Director of the Center for the Study of Vietnam and ASEAN under the Institute of Far Eastern Studies, stated that the successful organisation of the APEC Economic Leaders’ Meeting will help consolidate Vietnam’s prestige in the international arena and its position in Southeast Asia and Asia-Pacific.
The expert noted that Vietnam’s current gross domestic product (GDP) enjoys a 20-fold increase compared with that of the 1990s, forecasting the economic growth will be not lower than 5-6 percent every year.
Established in 1989, the Asia-Pacific Economic Cooperation (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.
The APEC 2017 Economic Leaders’ Meeting, which runs in Da Nang city from November 10-11, is the most important external event of Vietnam this year, with the participation of leaders from the 21 member economies.
The meeting is expected to transmit a message about APEC’s commitment to trade liberalisation and regional integration, and realise the Bogor Goals of free and open trade in the Asia-Pacific region, which were adopted by APEC leaders in Indonesia in 1994. -VNA
At a recent roundtable themed “APEC 2017 in Vietnam: Regional Economic Development”, Vladimir Mazyrin, Director of the Center for the Study of Vietnam and ASEAN under the Institute of Far Eastern Studies, stated that the successful organisation of the APEC Economic Leaders’ Meeting will help consolidate Vietnam’s prestige in the international arena and its position in Southeast Asia and Asia-Pacific.
The expert noted that Vietnam’s current gross domestic product (GDP) enjoys a 20-fold increase compared with that of the 1990s, forecasting the economic growth will be not lower than 5-6 percent every year.
Established in 1989, the Asia-Pacific Economic Cooperation (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.
The APEC 2017 Economic Leaders’ Meeting, which runs in Da Nang city from November 10-11, is the most important external event of Vietnam this year, with the participation of leaders from the 21 member economies.
The meeting is expected to transmit a message about APEC’s commitment to trade liberalisation and regional integration, and realise the Bogor Goals of free and open trade in the Asia-Pacific region, which were adopted by APEC leaders in Indonesia in 1994. -VNA
You should also see
World economy’s recovery drives Vietnam’s exports
With the recovery of the world market and increasing orders, Vietnam's import and export activities in the first quarter of 2024 prospered and achieved positive results.
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
