On the morning of November 14, local time, during the program to attend the Asia-Pacific Economic Cooperation (APEC) 2024 High-Level Week in Lima, Peru, the APEC Business Summit 2024 took place. With the theme "People. Business. Prosperity", this conference included more than 20 discussion sessions.
President Luong Cuong, as the chief guest, delivered an important speech at the conference.
According to the Ministry of Foreign Affairs, President Luong Cuong shared the view that the world and Asia-Pacific are undergoing great, epochal changes that have multi-dimensional impacts on all countries and businesses. In that context, APEC needs to build an international economic governance system that is favorable for development.
Highlighting the role of the business community, the President said that optimism, daring to think and do, and the ability to discover and take advantage of opportunities even in difficult times are the keys to success.
The President emphasized that the business community can contribute effectively in a number of aspects, namely:
Firstly, pioneering in innovating business models, production towards green, circular, digital transformation...; becoming a leading and spreading force leading to the development of important industries and sectors of the economy.
Second, increase investment in research and development, promote the development and application of breakthrough technologies to find solutions to the world's pressing problems.
Third, actively participate in the process of shaping laws and regulations for new, strategically important areas of the world economy.
Fourth, play a bridging role, connecting economies, promoting people-to-people exchanges, contributing to building and strengthening cooperative and friendly relations between countries. The President proposed to further strengthen 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.
President Luong Cuong emphasized that Vietnam 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.
The President affirmed that Vietnam’s strong development will open up many new opportunities for both domestic and international enterprises in the fields of trade, industry, agriculture, tourism, infrastructure, logistics and high-tech industries. The Vietnamese market has, is and will bring many benefits and advantages that few other places have for international enterprises and investors.
At the end of his speech, the President 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.
