Vietnamese State President Nguyen MinhTriet on Nov. 14 called on businesses and individual investors in theAPEC region to join hands with governments and communities to removedifficulties in a bid to rebuild the global economy.
In his speech delivered at the APEC CEO Summit 2009, which was held onthe sidelines of the 17th APEC Economic Leaders’ Meeting in Singapore ,the President urged APEC to increase regional and internationalcooperation to address emerging challenges.
President Triet said the Asia-Pacific region has many arising anddynamic economies, which have contributed greatly to economic growth ofthe region and the world as a whole.
Regarding recovery prospects of the global foreign direct investment(FDI) flow, he emphasised the need for developing and arising economiesto not only attract FDI but also absorb effectively this capitalsource.
The State leader shared Vietnam ’s experiences, noting that priorityshould be given to creating an equal investment-business environment,advancing the legal system and reforming administrative proceduresalong with developing infrastructure and improving the quality of humanresources.
He pointed to the necessity to combine policies designed to deal withshort-term difficulties with forming better premise for sustainabledevelopment in the long term.
President Triet also advised economies to handle flexibly the foreigncapital sources so as to create momentums for development and restrictany possible macroeconomic risks.
Incepted in 1996, the annual APEC CEO Summit is the biggest event ofthe business community of the region. This year’s event is held underthe theme of "Rebuilding the Global Economy: Crisis and Opportunity "./.
In his speech delivered at the APEC CEO Summit 2009, which was held onthe sidelines of the 17th APEC Economic Leaders’ Meeting in Singapore ,the President urged APEC to increase regional and internationalcooperation to address emerging challenges.
President Triet said the Asia-Pacific region has many arising anddynamic economies, which have contributed greatly to economic growth ofthe region and the world as a whole.
Regarding recovery prospects of the global foreign direct investment(FDI) flow, he emphasised the need for developing and arising economiesto not only attract FDI but also absorb effectively this capitalsource.
The State leader shared Vietnam ’s experiences, noting that priorityshould be given to creating an equal investment-business environment,advancing the legal system and reforming administrative proceduresalong with developing infrastructure and improving the quality of humanresources.
He pointed to the necessity to combine policies designed to deal withshort-term difficulties with forming better premise for sustainabledevelopment in the long term.
President Triet also advised economies to handle flexibly the foreigncapital sources so as to create momentums for development and restrictany possible macroeconomic risks.
Incepted in 1996, the annual APEC CEO Summit is the biggest event ofthe business community of the region. This year’s event is held underthe theme of "Rebuilding the Global Economy: Crisis and Opportunity "./.
