Message from President Luong Cuong to APEC leading businesses

President Luong Cuong emphasized that Vietnam supports the multilateral trade system and that Vietnam's development will bring opportunities for businesses with incentives that few places have.

President Luong Cuong speaks at the APEC Business Summit 2024 in Peru - Photo: VNA

On the morning of November 14 (Peru time, late the same day Vietnam time), President Luong Cuong delivered an important speech at the APEC 2024 Business Summit.

Vietnam supports the multilateral trading system.

APEC stands for Asia-Pacific Economic Cooperation. APEC 2024 will feature a variety of activities, including the APEC CEO Summit.

This is an annual event and the largest in scale of the business community in the region.

With the theme "People. Business. Prosperity", this conference includes more than 20 discussion sessions focusing on issues and trends that have a great impact on the development of the region and the world such as climate change, artificial intelligence revolution and innovation...

Speaking at the event, President Luong Cuong shared his view that the world and Asia-Pacific are undergoing enormous, epochal changes that have multi-dimensional impacts on every country and every business.

Highlighting the role of the business community, the President said that optimism, daring to think and act, and the ability to discover and take advantage of opportunities even in difficult times are the keys to success.

He proposed further strengthening the role and contribution of the business community, especially in green transformation, digital transformation, technology development, shaping world economic laws and regulations, and strengthening people-to-people exchanges, cooperation, and friendship between countries.

Sharing about Vietnam, President Luong Cuong affirmed that the country is entering a new era, with a new mindset, with a strong desire to develop a prosperous and happy country, and with a firm belief in a bright future.

Vietnam's assets are a fast-growing, dynamic economy ranked 35th in the world. Vietnam has a strong, stable, people-centered political system, and is a patriotic, confident, self-reliant, and self-reliant nation. Vietnam has a population of over 100 million people and many international friends and partners.

President Luong Cuong affirmed that Vietnam supports the multilateral trading system and the central role of the World Trade Organization, and believes in the value of free trade, connectivity and international integration.

Vietnam will participate responsibly and make active contributions to world politics, the global economy and human civilization in the spirit of being a friend, a reliable partner and an active, responsible member of the international community.

President Luong Cuong and delegates attending the APEC Business Summit 2024 - Photo: VNA

Vietnam's development benefits businesses

The President affirmed that Vietnam's strong development will open up many new opportunities for both domestic and international enterprises in fields ranging from trade, industry, agriculture, tourism to infrastructure, logistics and high-tech industries.

The Vietnamese market has, is, and will bring many benefits and advantages that few places have for international businesses and investors.

He also highlighted the important advantages that the Vietnamese economy has, which are its favorable geographical location in Southeast Asia, a dynamic, highly open economy and a network of 17 free trade agreements.

Vietnam also has a large, potential market and is a favorable destination for the process of shifting supply chains in the region. Vietnam's population size ranks 15th in the world, its infrastructure is synchronous, and its business environment is among the most favorable in Asia.

Vietnam is also creating a new economy, transforming from brown to green, from traditional to digital economy, starting up and innovating while developing strategic infrastructure, especially transport infrastructure, energy infrastructure, and digital infrastructure.

At the end of his speech, President Luong Cuong affirmed that in the face of the world's great changes and the risks of protectionism, fragmentation and separation, APEC once again needs to shoulder the responsibility of bridging, connecting and promoting cooperation among members to jointly build a transparent and equitable international economic governance system, ensuring balanced benefits for all parties.

President Luong Cuong's speech at the conference received support and high appreciation from APEC leaders and the business community.

At noon on November 14 (Peru time, early morning on November 15 Vietnam time), President Luong Cuong received a number of typical Peruvian enterprises in many fields such as mining, energy, seaport investment, financial services...

On the same day, the President also received the US-APEC Business Alliance. He said that Vietnam wishes to cooperate closely with US businesses and the APEC region in the fields of high technology and innovation; renewable energy and green development.

Vietnam also welcomes US companies to invest in the fields of artificial intelligence; big data; biotechnology; establishing research and development centers; and financial technology.

Source: https://tuoitre.vn/thong-diep-cua-chu-cit-nuoc-luong-cuong-den-cac-doanh-nghiep-hang-dau-apec-20241115084905579.htm