bet88Prime Minister puts forth six contents for ACMECS’s breakthroughs

Addressing bet88 10th ACMECS Summit held in Kunming city in Yunnan province of China on November 7, Prime Minister Pham Minh Chinh put forth six contents to make breakthroughs in bet88 Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) in bet88 coming time, bet88 Vietnam News Agency reported.

At bet88 summit themed "Towards Seamless Connectivity for Mekong Sub-regional Integration”, heads of governments and heads of delegations of Cambodia, Laos, Myanmar, Thailand and Vietnam emphasized bet88 important contributions of ACMECS cooperation in socio-economic development, improving bet88 lives of people in bet88 Mekong sub-region. ACMECS has also made an important contribution to narrowing bet88 development gap and promoting connectivity within bet88 Association of Southeast Asian Nations (ASEAN), and implementing bet88 United Nations (UN) 2030 Agenda for Sustainable Development.

bet88 leaders welcomed bet88 important progress in implementing bet88 ACMECS Master Plan for bet88 2019-2023 period, especially bet88 cooperation in trade-investment and tourism, support for small- and medium-sized enterprises, and human resource development. They also appreciated bet88 positive results in cooperation between ACMECS and development partners, bet88 establishment of bet88 ACMECS Development Fund and bet88 Interim Secretariat, and bet88 introduction of ACMECS logo and official website.

bet88 leaders assessed that bet88 complicated and unpredictable changes in bet88 world are putting bet88 Mekong sub-region in general and ACMECS cooperation in particular in front of multi-dimensional challenges of economic instability, supply chain disruption, energy security, water security, climate change, and natural disasters.

To effectively respond to challenges and seize new opportunities, bet88 leaders agreed to persistently promote balanced, inclusive and sustainable development, strengthen cooperation with other Mekong sub-regional cooperation mechanisms, and jointly build an ACMECS Community of solidarity, strength and sustainability.

ACMECS will continue to promote cooperation in transport connectivity, and digital infrastructure, and facilitate trade to turn bet88 Mekong sub-region into a regional logistics centre. It will also focus on developing high-quality human resources, digital transformation, and green transformation.

bet88 cooperation in Mekong water resources management was highlighted at bet88 summit. bet88 leaders of bet88 five countries agreed to strengthen cooperation in sustainable management of cross-border water resources, especially in coordination with bet88 International Mekong River Commission, share hydrological data, and build an early warning system for natural disasters.

A concept document on water resources management in bet88 Mekong sub-region was issued at bet88 summit, aiming to enhance strategic coordination among bet88 members in responding to short- and long-term challenges.

Addressing bet88 summit, Vietnamese PM Pham Minh Chinh emphasized bet88 central role of ACMECS in bet88 Mekong sub-regional cooperation. It is an indispensable component of bet88 ASEAN Community, a gateway connecting ASEAN with Northeast Asia, Southeast Asia, and a bridge between bet88 Pacific and Indian Oceans.

PM Chinh said that bet88 world is entering an era of innovation, opening up new opportunities that are crucial to bet88 development of each country as well as bet88 entire sub-region. It is time for ACMECS to define its new mission of working together to build a united, strong and sustainably developed community.

He said ACMECS cooperation in bet88 coming time needs to be bet88 convergence of shared aspiration, vision, determination, voice and action.

With such a viewpoint, bet88 Vietnamese leader proposed six contents for ACMECS cooperation to make breakthroughs in bet88 coming period.

First, ACMECS needs tightened coordination to ensure consistency from strategy building to actual implementation. Cooperation plans and programs need to be substantial, and practical to match with bet88 development needs of bet88 member countries, and mobilized resources. PM Chinh announced that Vietnam will contribute million to bet88 ACMECS Development Fund.

Second, PM Chinh highlighted bet88 need to combine tradition and modernity, ensuring synchronous and harmonious development between traditional economic sectors and new and modern technology sectors.

On bet88 one hand, ACMECS needs to support its member countries to renew traditional growth drivers, and promote investment, consumption and trade. On bet88 other hand, ACMECS needs to promote new growth drivers to help bet88 member countries seize new opportunities and participate more deeply in regional and global value chains.

Priority should be given to comprehensive and extensive digital transformation through mobilizing capital for infrastructure investment and digital services; supporting start-ups and innovation; applying digital technology to bet88 manufacturing and processing industry, information and communications, finance, banking, digital customs, and smart border gates.

Thirdly, rapid growth must be linked with sustainability, focusing on promoting green transition, developing circular economy and sharing economy, he said. In response to bet88 urgent needs for climate change response and sustainable development in bet88 subregion, ACMECS's top priority should be attracting green finance for developing green industries, clean agriculture, and low-emission transportation, he noted.

It is also necessary to strengthen cooperation among bet88 five countries in bet88 management and sustainable use of bet88 Mekong River's water resources; and share initiatives on promoting cooperation between ACMECS and development partners to transfer technology and improve capacity in sustainably using and managing transboundary water resources, especially in terms of real-time hydrological data sharing, he stressed.

PM Chinh suggested ACMECS member nations promote solidarity and political trust, and strengthen bet88 sharing of information and mutual consultations on plans and projects related to bet88 Mekong River's water resources. He also called for enhanced cooperation in disaster management through projects to enhance capacity, establish early warning systems among bet88 Mekong countries, and develop highly resilient infrastructure.

Fourthly, regional and international connectivity is needed for bet88 circulation of goods and services, and bet88 movement of people among bet88 five nations, he said, stressing bet88 need to promote bet88 simplification and harmonization of procedures, and focus on developing transport infrastructure for intra-regional and inter-regional connections, especially railway and expressway systems.

He urged bet88 five countries to enhance bet88 sharing of information and coordination in building economic development plans and policies to increase mutual complementarity and spread benefits; and convince development partners to make joint investments with ACMECS to ensure "seamless connectivity for an integrated Mekong sub-region."

Fifthly, it is important to connect bet88 government with bet88 people and businesses, bet88 Vietnamese leader said, suggesting that all strategies, action plans, and projects of ACMECS should take people and businesses as bet88 centre, bet88 subject, bet88 goal, and bet88 driving force to bring practical and inclusive benefits and ensure that no one is left behind.

He proposed that ministers, senior officials, and bet88 ACMECS Secretariat should develop bet88 next phase of bet88 ACMECS Master Plan, focusing on inclusivity with projects aimed at benefiting bet88 people, especially those in remote areas; and supporting businesses in participating in regional and global supply chains.

Sixthly, he emphasized bet88 need to boost connections between development, maintaining stability and ensuring security. He proposed ACMECS expand cooperation in combating transnational crimes, particularly drug trafficking and cybercrime, not allowing anyone to use bet88 territory of this country to harm another.