New impetus for cooperation for a resilient and sustainable future

Báo Nhân dânBáo Nhân dân22/11/2023

Attending the Asia-Pacific Economic Cooperation (APEC) Summit Week in 2023, Vietnam emphasized the important role of APEC, proposed many initiatives to contribute to promoting peace, stability, and cooperation in the region and the world, as well as maintaining APEC's role as the leading economic linkage mechanism in the Asia-Pacific.

This is also an opportunity for Vietnam to reaffirm its consistent views and policies on the development process. Discussions and bilateral meetings between the Vietnamese high-ranking delegation and representatives of international organizations and economies around the world create more momentum for cooperation; affirming that Vietnam continues to strongly implement the policy of the 13th National Party Congress on proactively and actively integrating comprehensively and deeply into the world, promoting multilateral diplomacy, contributing to promoting peace, cooperation, economic linkages and regional connectivity.

APEC on a new journey

Since its establishment in 1989, APEC has continued to affirm itself as the leading regional economic integration mechanism, initiating and taking the lead in promoting the trend of economic, trade and investment liberalization in the region and the world, making important contributions to economic growth and maintaining peace, stability, cooperation and development in the Asia-Pacific region.

With 21 current member economies, including the world's leading economies such as the United States, China, Japan..., and 9 members of the Group of 20 leading developed and emerging economies (G20)   and   Compared to many other dynamic developing economies, APEC represents about 38% of the world's population, contributes 62% of GDP and nearly 50% of global trade.

Operating on the principles of consensus, voluntariness and non-binding, APEC promotes cooperation focusing on three main pillars, including trade and investment liberalization; business facilitation; economic-technical cooperation, capacity building, and equitable and sustainable development.

The 2023 APEC Summit takes place in a special context. This is an opportunity to look back on 30 years since the first Summit in the United States in 1993, APEC's journey to becoming a leading regional mechanism for international connectivity and cooperation. This is also a time when the world and the region are experiencing many fluctuations, facing many new challenges in terms of economy, politics, society, and environment; members have made important policy adjustments towards green growth, digital transformation, and enhancing self-reliance.

President Vo Van Thuong attends a group photo session with APEC Economic Leaders in San Francisco, the United States, on the morning of November 16, 2023 (local time). Photo: VNA

Not only that, in the face of profound changes in the world, this is also the time for APEC to affirm its role and mission in the new period, clearly defining its core values ​​and priorities.

One of the most anticipated events is the 30th APEC Economic Leaders' Meeting taking place in San Francisco, USA, with the participation of leaders and Heads of Delegation of 21 APEC member economies, along with many guests.

With the theme “Connecting and Building Inclusive and Resilient Economies”, the Conference highly appreciated APEC’s important contributions to promoting global economic growth over the past decades; affirmed that APEC needs to continue to be a key driver for economic growth in a world facing many risks. APEC needs to promote the achievements and lessons of the past three decades, continue to promote the implementation of the APEC Vision 2040 on an open, dynamic, resilient and peaceful Asia-Pacific community for the prosperity of the people and future generations.

On trade, investment and connectivity, Leaders committed to promoting a free, open, transparent and inclusive trade and investment environment, maintaining open markets and addressing supply chain disruptions. APEC continues to support the rules-based multilateral trading system with the central role of the World Trade Organization (WTO).

President Vo Van Thuong attends a group photo session with APEC economic leaders. Photo: VNA

The conference emphasized the importance of building a non-discriminatory digital ecosystem for businesses and consumers; agreed to accelerate the implementation of the APEC Internet Economy/Digital Economy Roadmap, especially in the areas of data security, cloud computing, telecommunications networks, e-commerce and promoting an innovative environment.

Determined to promote the agenda of sustainable and inclusive development, the Conference agreed to reduce and eventually eliminate fossil fuel subsidies, accelerate the clean energy transition to achieve the global goal of reducing greenhouse gas emissions to zero.

The conference adopted major principles on equitable energy transition and food security in APEC cooperation, the Framework and Action Plan on Disaster Risk Reduction; agreed to accelerate the implementation of the Circular Bio-Green Economy Model; and integrate sustainability and inclusiveness into APEC activities.

The Leaders agreed that more efforts are needed to improve people's quality of life; expand access to health and education services, promote gender equality, and empower women, ethnic minorities, and rural and remote communities.

Speaking at the Conference, President Vo Van Thuong emphasized that APEC is the leading regional cooperation and connectivity forum, bringing practical benefits to the people.

From the success of APEC, three lessons can be drawn for the future: first, the openness and goodwill of all parties to understand and overcome differences, find common ground and promote common interests; second, the vision and strategic thinking of generations of leaders have positioned the right role of Asia-Pacific and APEC; and third, the support and companionship of the business community and people. - President Vo Van Thuong

President Vo Van Thuong attends the APEC Economic Leaders' Retreat. Photo: VNA

Regarding APEC's operational direction, the President emphasized:

First , maintain and consolidate important achievements in trade and investment liberalization and facilitation in the Asia-Pacific and globally.

Second , create a cooperation framework to support member economies to take advantage of development opportunities and promote growth momentum. APEC needs to focus on improving capacity, autonomy, creativity and application of science and technology, while building infrastructure, developing human resources, and digital and green transformation models.

Third , cooperation to build a resilient region, each economy is resilient, ready to respond to challenges. The President also made it clear that more than ever, APEC members need to be open, sincere, and have constructive dialogue to increase understanding, narrow differences, and create consensus.

More than ever, APEC members need to be open, sincere, and engage in constructive dialogue to increase understanding, narrow differences, and create consensus. - President Vo Van Thuong

The President emphasized that after exactly 25 years of joining APEC, with the desire to continue contributing to the APEC process, Vietnam proposed to host the activities of APEC Year 2027. APEC Leaders highly appreciated and strongly supported Vietnam's proposal and agreed to include it in the Joint Statement of the Conference.

At the end of the Summit, the Leaders unanimously adopted the Golden Gate Declaration “Creating a Sustainable and Resilient Future for All People”, affirming APEC’s leadership role as well as its position as a leading forum for economic cooperation in the Asia-Pacific region. The Leaders agreed to meet at the APEC Summit in 2024 in Peru and in 2025 in the Republic of Korea.

THE 2023 APEC SUMMIT HAS ACHIEVED IMPORTANT RESULTS IN THREE ASPECTS:

First , APEC Leaders reaffirmed that promoting free and open trade and investment is an important task and a top priority of the Forum. Leaders agreed to continue promoting economic integration and regional connectivity; support the multilateral trading system based on rules; maintain open markets, resolve disruptions and build resilient open supply chains. However, Leaders also said that a new, more comprehensive, balanced and harmonious approach is needed.

Second , the Conference is an important step forward, built on the results of cooperation over the past years, especially since APEC 2017 in Vietnam, in affirming that sustainable and inclusive growth has become a pillar of APEC cooperation.

The conference affirmed APEC's leading role in promoting an inclusive and sustainable agenda in the region. Leaders devoted a session to discussing the impact of climate change on the region and each economy; as well as adopting the Principles Guiding a Just Energy Transition. The conference agreed on a common direction to support countries in digital transformation, ensuring food security, and integrating inclusiveness and sustainability into trade and investment policies.

Third , on the occasion of the Conference, a series of activities took place with the participation of thousands of businesses in the Asia-Pacific region under the theme "Creating economic opportunities. Inclusive. Resilient. Innovative". These activities helped strengthen the support and companionship of the business community in implementing APEC's goals and vision for an open, dynamic, peaceful and resilient Asia-Pacific community.

Finally, the Conference is an important occasion for Leaders to meet and discuss to seek solutions to bilateral and multilateral issues.

During the APEC Summit Week, the Leaders' Meeting on the Indo-Pacific Economic Framework (IPEF) for Prosperity took place. This activity marked an important step forward for the initiative after a year and a half of discussion and negotiation among 14 countries. The Leaders issued a statement affirming the goal of building IPEF into an open, inclusive, flexible, long-term and dynamic forum to promote common interests, contributing to ensuring a peaceful, stable, developed and prosperous future for all people.

  - Minister of Foreign Affairs Bui Thanh Son

President Vo Van Thuong attends the Informal Dialogue and working lunch between APEC Leaders and guests. Photo: VNA

Previously, from November 14 to 16, at the Moscone Convention Center, San Francisco, USA, the APEC Business Summit 2023 took place, attracting nearly 2,000 leaders of leading businesses in the world and the Asia-Pacific region, international organizations, research institutes and universities in the region.

President Vo Van Thuong delivered an important speech , addressing three topics: Issues facing the world economy and the need for new thinking and new approaches; How APEC can contribute to solving current challenges in the world economy; Vietnam's viewpoints and development orientations in a changing world.

President Vo Van Thuong stated that the world economy currently has major contradictions: The economy is growing, wealth is increasing, but the gap between rich and poor is widening and environmental destruction is becoming more serious; After more than three decades of the world benefiting from globalization and forming a network of international economic relations with intertwined interests and interdependence, the trend of protectionism and separation is increasing strongly; Science and technology are developing rapidly, with global influence, but the institutional framework is still basically limited to the national level; Science and technology bring great development opportunities but also contain unpredictable dangers; We pursue a growth model that encourages consumption, even over-consumption, but cannot mobilize enough resources for the Sustainable Development Goals.

To fundamentally resolve the above conflicts and continue pursuing the noble goals set, the President emphasized that the world needs a new, inclusive, harmonious and humane mindset.

According to President Vo Van Thuong, today, when the global economy is facing a new wave of protectionism, challenges from climate change, social inequality, and geopolitical conflicts, APEC is the place for us to seek and test new ideas and solutions. President Vo Van Thuong believes that APEC will continue to play an important role on the new journey.

President Vo Van Thuong speaks at the APEC Business Summit. Photo: VNA

The business community has always been an important part of the APEC process, actively contributing to policy formulation and implementation as well as promoting new ideas and new thinking. - President Vo Van Thuong

President Vo Van Thuong affirmed that maintaining sustainable economic growth along with implementing progress, social justice and protecting the ecological environment, ensuring that all people can develop their potential, participate and equally enjoy the fruits of development is a consistent requirement in Vietnam's development process. Economic growth coupled with implementing progress and social justice must be carried out immediately in each step, each policy and throughout the development process; not "sacrificing" progress and social justice and the environment to pursue pure economic growth.

With that viewpoint, according to President Vo Van Thuong, Vietnam is synchronously implementing three main groups of solutions:

Firstly , building an independent and self-reliant economy associated with active and proactive international integration; taking internal strength as the fundamental, strategic and decisive factor, and external strength as the important and breakthrough factor.

Second , strengthen the management and efficient use of resources; protect the environment and respond to climate change; promote green transformation towards global climate goals and commitments .

Third , create an environment that encourages the poor and disadvantaged to strive, rise up on their own, integrate into the community, and eliminate discrimination in society .

President Vo Van Thuong signs a souvenir poster at the APEC Business Summit. Photo: VNA

With these efforts, Vietnam is considered one of seven middle-income countries that have made great progress in innovation over the past decade ; one of three countries with outstanding achievements compared to their development level for 13 consecutive years.

Along with maintaining macroeconomic stability and ensuring major economic balances, Vietnam attaches great importance to promoting international trade and investment cooperation.

Vietnam has signed more than 90 trade agreements and 60 bilateral investment promotion and protection agreements; is a member of 16 Free Trade Agreements with the participation of about 60 economies. Vietnam has continuously been in the group of 30 countries and territories with the largest import and export value of goods and the top 10 FDI attractions in recent years .

In parallel with perfecting mechanisms, policies and laws to promote the development of green economy, low-carbon economy and circular economy, Vietnam is also researching to add more tools to support businesses in digital transformation, green transformation, especially the application of new technologies, access to green financial resources and human resource training. The establishment of the Just Energy Transition Partnership (JETP) between Vietnam and a group of international partners will also make an important contribution to realizing Vietnam's commitment at the COP26 Conference to achieve net zero emissions by 2050.

People are the target and subject of development, all policies and future planning must aim at the happiness of the people. Vietnam is implementing three national target programs on sustainable poverty reduction; new rural construction and socio-economic development in ethnic minority areas, focusing on improving the quality of human resources through developing an equal, inclusive and comprehensive education and training system and vocational education; at the same time creating conditions for the young workforce to access science and technology.

To achieve the set development goals, in addition to our own efforts, Vietnam hopes that you will continue to accompany Vietnam in consulting, proposing new investment policies and ideas; transferring modern solutions, technologies, new economic models; and attracting investment capital and supporting development. - President Vo Van Thuong

Vietnam's outstanding contribution is the ideas and proposals of President Vo Van Thuong to respond to urgent issues of the world economy, especially the requirement for a new, inclusive, harmonious and humane mindset. The President also made specific proposals for APEC's mission and tasks in the new period to adapt and continue to succeed. That is to maintain and consolidate important achievements in liberalization and trade and investment facilitation in Asia-Pacific and globally. That is to cooperate to build a self-reliant region, each self-reliant economy, ready to respond to challenges. That is to create a cooperation framework to support member economies to take advantage of development opportunities and promote growth momentum.

– Minister of Foreign Affairs Bui Thanh Son

Vietnam-US relations gain momentum

During the working trip, President Vo Van Thuong had meetings and discussions with US President Joe Biden, US President's Special Envoy for Climate John Kerry; Governor of California, Deputy Mayor of Los Angeles; received a number of leading US businesses, such as Boeing, Apple, spoke at the US Council on Foreign Relations (CFR), attended and gave a speech at the Roundtable on connecting Vietnamese localities and US businesses in high technology; visited Stanford University Medical Hospital...

Receiving US President's Special Envoy for Climate John Kerry, the President appreciated the two sides' active implementation of high-level agreements reached during President Joe Biden's visit to Vietnam, developing increasingly substantive, in-depth and stable relations. The President welcomed the US to strengthen cooperation with Vietnam, especially in the areas that Special Envoy John Kerry has recently been interested in promoting, such as climate change response and energy transition.

The President highly appreciated the efforts of US President Joe Biden and Special Envoy John Kerry to raise awareness and action to respond to climate change. The President affirmed that Vietnam wishes to cooperate with the US in these areas, in accordance with Vietnam's socio-economic conditions and to meet the interests and concerns of the people of the two countries.

The President stressed that energy transition must ensure the principle of fairness. Vietnam is continuing to implement comprehensive and drastic measures to promote green growth and respond to climate change, including the approval of the National Power Development Plan for the 2021-2030 period, with a vision to 2050, focusing on the transition from fossil fuels to renewable and new energy, towards zero net emissions by 2050. The President welcomed Special Envoy Kerry's recommendations and hoped that the US side would continue to facilitate the implementation of projects supporting energy transition, maximizing Vietnam's renewable energy potential, and contributing to ensuring long-term energy security.

President Vo Van Thuong receives US President's Special Envoy for Climate John Kerry. Photo: VNA

Special Envoy John Kerry affirmed that the United States consistently values ​​its relationship with Vietnam and supports Vietnam in playing a proactive and substantive role in the region. He affirmed that the United States will continue to support Vietnam in improving its capacity to adapt to climate change, control pollution, sustainably manage resources, support the exploitation and use of available resources in an environmentally friendly manner and at reasonable costs to reduce dependence on imported fuel sources; and support the improvement of management capacity in the environmental field, suitable for Vietnam.

Mr. Kerry appreciated that immediately after adopting the Political Declaration establishing the JETP, Vietnam is urgently discussing with international partners to soon complete the Resource Mobilization Plan (RMP) to implement the Declaration's contents in the next 3 to 5 years at least. Mr. Kerry also emphasized that the United States is ready to deploy high-level cooperation with Vietnam to promote the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) to achieve positive results.

Also within the framework of the working trip, President Vo Van Thuong attended a policy exchange at the US Council on Foreign Relations (CFR). CFR President Michael Froman emphasized the impressive development of Vietnam's economy, especially the increasingly important role of Vietnam-US economic cooperation as bilateral trade in goods increased to 139 billion USD - more than 300 times higher than in 1995.

Appreciating Vietnam's role in the region, Mr. Michael Froman said that economic initiatives in the region have also been enhanced thanks to Vietnam's participation. Referring to the two countries upgrading their relationship to a Comprehensive Strategic Partnership; at the same time, strengthening cooperation in developing the semiconductor supply chain, infrastructure, digital, science and technology, combating climate change, people-to-people exchange, and overcoming the consequences of war, Mr. Michael Froman said that these are strong signals promoting bilateral relations.

President Vo Van Thuong shakes hands with CFR President Michael Froman. Photo: VNA

President Vo Van Thuong stated that after nearly 40 years of Doi Moi, for the goal of “rich people, strong country, democracy, equality, and civilization”, Vietnam has achieved many great and historic achievements. The economy has developed rapidly; it is currently the 11th largest economy in Asia, one of the 40 largest economies in the world, among the 30 countries and territories with large international trade, and among the three countries attracting the largest foreign investment in ASEAN in the past 10 years. As a member of 16 free trade agreements, Vietnam has become part of the global supply and production chain.

The President emphasized that in the process of innovation, the people are placed at the center, as the source of strength, both the subject and the goal of development. To realize the aspiration of becoming a developed, high-income country by the middle of this century, Vietnam focuses on rapid and sustainable development, on the basis of applying science and technology and innovation, while developing culture, society, and protecting the environment; building and perfecting a rule-of-law state of the people, by the people, for the people, strong, streamlined, and operating effectively; actively integrating comprehensively and deeply into the international community...

The President assessed that the relationship between Vietnam and the United States has never been as good as it is today; from former enemies to Comprehensive Strategic Partnership. This is truly a model in the history of international relations in healing and building post-war relations. This result is due to the joint efforts of many generations of leaders and people of the two countries to overcome historical challenges and ups and downs.

The President stated: “Vietnam’s motto in US relations is to put the past behind us, overcome differences, promote similarities, and look to the future. We emphasize that mutual understanding, mutual circumstances, mutual trust, respect for each other’s legitimate interests, and non-interference in each other’s internal affairs are always important. US leaders have affirmed their support for a strong, independent, self-reliant, and prosperous Vietnam. We consider the US a partner of strategic importance in our foreign policy.”

The relationship between Vietnam and the United States has never developed as well as today.

Talking to CFR scholars, answering questions about the cooperation agreement between Vietnam and the United States in the development of semiconductor production, the President stated that Vietnam wants to declare a general upgrade of comprehensive strategic partnerships of Vietnam-Vietnam to be fully implemented, including the issue of semiconductor production, chip and high-tech field. The school for Vietnam and this should be done by political decisions; should not be rigidly.

President Vo Van Thuong attended the policy exchange at CFR. Photo: VNA

Answering the question of a reporter on the role of the Vietnamese -American role in the process of promoting the cooperation of the two countries, the President emphasized that in the way of the Party, the Vietnamese State always considers Vietnamese people abroad, including Vietnamese in the United States, which is an inseparable part of the Vietnamese people. Other in the world. The President wants Vietnamese people in the United States to increase their position in the socio-economic life of the United States.

In the past 40 years of innovation, Vietnam has achieved great achievements and historical significance, including the contribution of overseas Vietnamese in the United States as well as Vietnamese people in other countries in the world. - President Vo Van Thuong

Regarding the difficulties of Vietnam in responding to climate change, the President emphasized that one of the countries heavily affected by climate change, Vietnam has made efforts and proactively implementing many response measures.

Also in the mission, the President visited a overseas Vietnamese family; Meeting the leaders and officials of our diplomatic missions in the United States.

Through the meetings, the two sides agreed to continue to deploy the results of the agreement between the senior leaders of the two countries' visit to Vietnam's recent Vietnamese level to the invitation of General Secretary Nguyen Phu Trong and a joint statement on the upgrade of Vietnam-Ky Ky relations to comprehensive strategic partners; , continuing to cooperate in education and training, focusing on training high quality human resources, cooperating in response to climate change.

US businesses continue to pay high interest in the Vietnamese market; confirming to continue expanding investment and business in Vietnam, especially in high -tech fields, infrastructure and energy;

- Foreign Minister Bui Thanh Son

President Vo Van Thuong spoke at CFR. Photo: VNA

Strengthen Vietnam-country relations

On the occasion of a business trip in the United States, President Vo Van Thuong has many activities to contact with leaders of other countries. At meetings, leaders of countries highly appreciate the position and role of Vietnam, agree to strengthen the exchange, promote political-operating cooperation, economic-trade, science and technology, education and training, connecting between localities and people in the region as well as in the region of the region as well as the region of the region as well as the international exchange.

President Vo Van Thuong also had discussions with General Secretary, Chinese President Xi Jinping, South Korean President Yoon Suk Yeol, Japanese Prime Minister Fumio Kishida ... to continue promoting and deepening relations with partners and exchanging issues of concern.

Receiving Malaysian Prime Minister Anwar Ibrahim, President Vo Van Thuong affirmed that Vietnam attaches great importance to the multi-faceted cooperation with Malaysia and the leading important partner of Vietnam in ASEAN. Achieving US $ 18 billion in the coming time; I wish the Malaysian Government to support Vietnamese businesses producing and exporting Halal products to the Malaysian market.

President Vo Van Thuong received Malaysian Prime Minister Anwar Ibrahim. Photo: VNA

The President thanked and wanted Malaysia to expand to support Vietnam in the field of staff training, expanding the local cooperation, which was the immediate signing of the City of the City of Hoi An and Melaka.

Malaysian Prime Minister Anwar Ibrahim affirmed that Malaysia attaches special importance to many aspects of cooperation with Vietnam.

The two sides affirmed that they will continue to coordinate closely at the regional and international forums; efforts to maintain the solidarity and the central role of ASEAN, contributing to building the ASEAN community to develop strongly, solidarity and self -reliance, supporting Laos to complete the five ASEAN President 2024.

Talking about issues of concern, including the East Sea, the two leaders agreed to maintain the common viewpoint to ensure peace, stability, seriously implement the doc, towards achieving the true, effective and appropriate international law, including the United Nations Convention on the Law of the Sea Law (UNCLOS) in 1982.

Meeting King Brunei Haji Hassanal Bolkiah, President Vo Van Thuong said that the two countries still have many potentials and rooms to bring the cooperative relationship in depth and more practical.

President Vo Van Thuong met King Brunei Hassanal Bolkiah. Photo: VNA

King Brunei Hassanal Bolkiah emphasized that Brunei truly attaches great importance to multi -faceted cooperation with Vietnam and in that spirit, agreed with proposals to enhance bilateral relations in the coming time.

The two sides affirmed that they will continue to coordinate closely at regional and international forums, efforts to maintain solidarity and promote the central role of ASEAN, contributing to building a strong, solidarity and self -development community.

Meeting Canadian Prime Minister Justin Trudeau, President Vo Van Thuong and Prime Minister Justin Trudeau assessed the comprehensive partnership of Vietnam-Canada to continue developing, especially the two-way trade turnover increased sharply over time (2022 reached more than 7 billion USD).

The President suggested that the two sides maintain the exchange of high-level and levels, strengthen cooperation between localities, maintain existing dialogue mechanisms on politics, defense-defense-security, economic-trade.

Prime Minister Justin Trudeau expressed the impression of Vietnam's economic development speed; affirming that in the context of many challenges, Canada will continue to prioritize relations with Vietnam, especially in the fields of political-economic, economic-educational, defense-security and people's exchange.

President Vo Van Thuong and Prime Minister Justin Trudeau. Photo: VNA

The two leaders have exchanged a number of international and regional issues of concern, including the East Sea issue.

Meeting Australian Prime Minister Anthony Albanese, President Vo Van Thuong congratulated the socio-economic achievements of Australia recently, highly appreciated the visit to Vietnam of Governor-General David Hurley and Prime Minister Anthony Albanese this year, on the occasion of the 50th anniversary of establishing diplomatic relations. In the Mekong Delta as well as support Vietnam to deploy the United Nations peacekeeping tasks.

Prime Minister Albanese affirmed that the Australian family attaches great importance to relations with Vietnam and wants relations to continue developing to a new level, commensurate with the potential of the two parties, pledge to continue to prioritize ODA and cooperate with Vietnam in the fields of digital transformation, green economy and respond to climate change.

The President suggested that the two sides should continue to strengthen the exchange of high-level and levels, promote more efficient cooperation mechanisms, strengthen cooperation in the fields of trade-investment, defense-security, culture, tourism and people's exchange through increasing flights between the two countries, creating favorable conditions for the Vietnamese community in Australia to integrate and contribute better to the two countries.

President Vo Van Thuong met Australian Prime Minister Anthony Albanese. Photo: VNA

The two leaders also agreed to continue supporting each other at regional and international forums including the United Nations, ASEAN, APEC as well as sharing many views and assessments on regional and international issues, including the East Sea issue and cooperation in the Mekong sub -region.

Meeting Peruvian President Dina Ercilia Boluarte Zegarra, President Vo Van Thuong affirmed that Vietnam attaches great importance to relations with Peru and Latin America, always remembering the affection and support of the Peruvian people towards Vietnam in previous national defense and national construction today.

The President thanked and appreciated the cooperation and support of the Peruvian government over the years for Vietnam's telecommunications and petroleum projects, including the Bitel Telecommunications Project of the Military Telecom Industry Group (Viettel) and hoped that the Peruvian Government would continue to care and create conditions for Vietnamese businesses to expand markets, business operations in Peru.

Peruvian President Dina Ercilia Boluarte Zegarra emphasized that Vietnam is a country that creates a lot of sympathy for the Peruvian people, a symbolic country from poverty, war to prosperity, an important partner of Peru in Southeast Asia; Nam brought practical benefits to the two countries and said the Peruvian government always welcomed and created favorable conditions for Vietnamese businesses to operate in this country.

To strengthen relations and exchange between the two countries, President Zegarra asked Vietnam to consider opening the embassy in Lima capital and signed a visa exemption agreement for citizens of the two countries.

President Vo Van Thuong met President Peru Dina Ercilia Boluarte Zegarra. Photo: VNA

Recognizing and welcoming the proposal of President Peru, President Vo Van Thuong emphasized the need to enhance the activities of contacting and exchanging high-level delegations and all levels between the two countries, promoting the effectiveness of bilateral cooperation mechanisms, especially in the field of economic-investment, enhanced coordination to effectively exploit the CPTPP Agreement, launch the investment in the Investment Protection Agreement for the Economic Protection Agreement for the Economic Protection Agreement.

On this occasion, the President congratulated Peru as the host of the APEC 2024 Summit, affirming that he would coordinate closely with Peru towards the success of the APEC 2024 year in Peru.

Direction of implementation: Chu Hong Thang - Pham Truong Son Content: Ninh Son - Thanh The Presentation: Hoa An

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