President Sang joins APEC summit week

President Truong Tan Sang attended the APEC Business Summit in Honolulu , Hawaii on Nov. 11 (Hawaii time).
President Truong Tan Sang attended the APEC Business Summit in Honolulu , Hawaii on Nov. 11 (Hawaii time).

Thisis the first event with the participation of APEC economies’ leadersand the most important meeting of the Asia-Pacific business communityheld annualy within the framework of the APEC Summit week.

Addressinga special luncheon, President Sang said that APEC is exerting effortsto enhance coopeation and regional economic connectivity, promotingeconomic recovery and sustainable development.

He stressed thenecessity and importance of maintaining macro-economic stability andimproving economic competitiveness for those countries that are seekingwide and deep integration, including Vietnam .

He highlighted the role of the Asia-Pacific region and APEC to Vietnam ’s development.

APECis the region that provides the largest amount of official developmentassistance to Vietnam and accounts for 65 percent of the totalforeign investment, 60 percent and 80 percent of export and importvalues, and 75 percent of international tourists to the country, thePresident said.

Vietnam will continue making contributions topromoting cooperation and regional economic connectivity, creating amore favourable business and investment climate for foreign firms inVietnam , he affirmed.

APEC businesses highly valued Vietnam’s important achievements in its renewal process and efforts ofinternational integration.

They affirmed their support andwillingness to cooperate with Vietnam to push up reform, completethe market economic institution, develop human resources andinfrastructure.

Also the same day, President Sang attended theVietnam-US business talks, received the Chairman of the US Chamber ofCommerce and met with leaders of APEC member economies’ major groups.

Atthe talks, the President answered many questions relating to Vietnam’s policies on trade, investment, tax, intellectual property, and askedthe businesses to increase investment in fields that Vietnam givespriority.

On the same day, President Sang visited and delivered akeynote speech on Vietnam ’s external policy and the Vietnam-USrelations at the East-West Centre.

This was the first speechdelivered by a Vietnamese top leader at the US leading researchcentre. More than 200 representatives who were leaders from 11 islandscountries in the Pacific and Hawaii and Honolulu leaders, as wellas scholars, were presented on the occasion.

Earlier,President Sang had meetings with Chilean President Sebastian Pinera,Peruvian President Ollanta Humala and leaders of 11 Pacific islandscountries.

At the meetings, the countries’ leaders spoke highlyof fine relations with Vietnam , discussed measures to step upbilateral ties, especially in the economic-trade area.

PresidentSang and Chilean President Sebastian Pinera witnessed the signing of thefree trade agreement between the two countries.

The Presidentsof Vietnam and Peru witnessed the signing of an agreement between theVietnam Finance Ministry and the Peruvian Economic and FinancialMinistry on cooperation and mutual assistance between customsagencies./.

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