President Vo Van Thuong attends APEC CEO Summit 2023

President Vo Van Thuong called on the businesses community to continue accompanying States in fulfilling commitments to sustainable development and pursuing long-term socio-economic and environmental goals, while addressing the APEC CEO Summit 2023, which is taking place in San Francisco from November 14-16 (local time).
President Vo Van Thuong attends APEC CEO Summit 2023 ảnh 1President Vo Van Thuong speaks at the summit. (Photo: VNA)
San Francisco (VNA) – President Vo VanThuong called on the businesses community to continue accompanying States infulfilling commitments to sustainable development and pursuing long-termsocio-economic and environmental goals, while addressing the APEC CEO Summit2023, which is taking place in San Francisco from November 14-16(local time).

The event brought together nearly 2,000 leaders frommajor businesses in the world and the Asia-Pacific, international organisations,research institutes and universities in the region.

This is the most important event of the regionalbusiness community held annually on the occasion of the APEC Economic Leaders’Week, aiming to create an opportunity for enterprises to exchange ideasand raise recommendations to APEC leaders.

The summit programme focus of “Creating EconomicOpportunity” features a lineup of dynamic and diverse speakers who highlightthe potential of collaboration and fresh thinking to build the future through afocus on sustainability, inclusivity, resilience, and innovation.
President Vo Van Thuong attends APEC CEO Summit 2023 ảnh 2President Vo Van Thuong speaks at the summit. (Photo: VNA)
In his remarks, Thuong pointed to four majorcontradictions of the world economy that are the widening rich-poor gap andenvironmental destruction against increasing economic growth and wealth; thegrowing protectionism and separatism after more than three decades ofglobalisation; institutional frameworks remaining limited at the national leveldespite the global influence of scientific-technological development, and science-technologyposing unpredictable dangers apart from great development opportunities; and economiespursuing the growth model that encourages consumption, even overconsumption,yet being unable to mobilise enough resources for the sustainable development goals.

To continue pursuing the set targets, there shouldbe an inclusive, harmonious and humane mindset, the President said, stressingthe need to ensure reciprocity between economic growth and social justice andenvironmental protection; maintain an open, connected world economy in tandemwith ensuring the economic security of countries; ensure that the globalgovernance of technology aims not only to manage the development of varioustypes of technologies, but also to address socio-economic-cultural-politicalconsequences from this process; and prioritise resources for sustainable andinclusive development goals.

Highlighting APEC’s role as an “incubator” foreconomic connectivity initiatives that lay the foundation for global agreements,and its pioneering role in promoting green growth, disaster response and genderequality, supporting small- and medium-sized enterprises, and improving healthcare and education quality, Thuong attributed these successes to contributions by the regional businessescommunity.

He called on them to step up investment inscience-technology, and building inclusive and resilient communities.

The leader briefed the participants on Vietnam’sdevelopment viewpoints and policies, saying the country is striving to maintain sustainableeconomic growth while ensuring social progress and quality, and environmentalprotection.  

Thuong expressed his hope that businesses will further supportVietnam by proposing policies and ideas; transferring solutions, cutting–edge technologies,and new economic models; and attracting investment flows.

Vietnam prioritises projects in such sectors asscience-technology and innovation; green economy, digital economy, circulareconomy and knowledge-based economy; electronic components and electric vehicles; semiconductormanufacturing, new energy, and renewable energy; financial centre building andgreen finance; and biotechnology, and health care, he said.

Vietnam stands ready to join other APEC members andthe Asia-Pacific business community in building a bright future for all, theleader affirmed./.
VNA

See more

The Hai Phong City Convention and Performance Centre is one of the venues for ABAC III. (Photo: VNA)

Hai Phong expects strong wave of investment from APEC member economies

Hai Phong will present investment registration certificates for 32 projects and sign seven Memoranda of Understanding, with total committed capital exceeding 15.6 billion USD. These projects include investments from Europe and the US, reflecting the growing interest of global investors in the city's business environment and development potential.

The ongoing administrative reforms are expected to expand the real estate sector's appeal to investors. (Photo: VNA)

Institutional reforms open new investment frontier for realty sector

Assessing the impact of the new model, Director at Savills Vietnam’s Advisory Services Do Thi Thu Giang said that the deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency.

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva and representatives of St. Gallen Endowment. (Photo: VNA)

Vietnam boosts cooperation with St. Gallen Endowment of Switzerland

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva, has recently held a working session with representatives of the St. Gallen Endowment to boost cooperation between Vietnam and the Swiss fund, as part of his attendance at a seminar in Geneva on risk levels and countries’ trade responses to rising tariffs.

Czech Minister of Industry and Trade Lukas Vlcek speaks at the seminar (Photo: VNA)

Czech businesses ramp up pursuit of opportunities in Vietnam

The Vietnam – Czech Republic business networking seminar, held in Hanoi on July 11, opened up numerous prospects for cooperation between the two countries in key areas such as high technology, energy, mining, and the defence industry.

PVI Insurance shines bright with prestigious international awards

PVI Insurance shines bright with prestigious international awards

At the 2025 Insurance Asia Awards, held by Insurance Asia News in Hong Kong, PVI Insurance was the only company from Vietnam to win in all three main non-life insurance categories, Best General Insurer, Outstanding Claims Management and Best Digital Insurer of the Year.

On average, 1,065 cars were sold each day in June. (Photo: tinnhanhchungkhoan)

Car sales increase sharply in June

Passenger cars accounted for the largest number of sales with 22,934 vehicles, up 14.6% over the previous month. Meanwhile, sales of commercial vehicles reached 8,782, down 2%, while specialised vehicle sales reached 261, up 23% over the previous month.