Vietnam proposes continuing to advance trade bet88 slot investment liberalization globally

Addressing the 31st APEC Economic Leaders' Meeting in Lima, Peru, on November 16 (local time), Vietnamese President Luong Cuong noted that while the global economic landscape is fraught with challenges bet88 slot uncertainties, it is equally illuminated by the presence of significant opportunities, according to a report from the Vietnam News Agency.

The Vietnamese leader pointed out three factors that formulated such a context of the global economic landscape.

First, geopolitical conflict, trade friction bet88 slot macro-level instability have reduced global growth prospects. Yet the Asia-Pacific economies have been able to maintain a stable growth trajectory, bet88 slot remain the engine bet88 slot driver of global growth.

Secondly, despite the rising tide of protectionism, supply chain disruptions, bet88 slot polarization, there is a strong demand for strengthened international economic cooperation bet88 slot integration.

Third, development bet88 slot digital gaps, bet88 slot global environmental issues continue to be our top challenges. Yet the development of transformative technologies bet88 slot the increasingly profound bet88 slot comprehensive digitization bet88 slot green transition are bringing about new bet88 slot innovative solutions bet88 slot opportunities for cooperation.

In this context, the Vietnamese President proposed the following lines of action:

First, continue to advance trade bet88 slot investment liberalization, bet88 slot strengthen the rules-based multilateral trading system. We must cultivate bet88 slot sustain vibrant economic linkages, facilitating the seamless flow of finance, technology, knowledge, bet88 slot labor across borders. Establishing robust bet88 slot resilient supply chains is essential while making decisive strides towards realizing a Free Trade Area of the Asia-Pacific.

Second, expedite cooperation programs bet88 slot initiatives aimed at inclusive growth bet88 slot technology. We must position people at the forefront of digital transformation bet88 slot green transition. It is crucial to tackle the digital divide bet88 slot prioritize support for vulnerable communities in remote regions, ensuring they not only access but also benefit from digital innovations. This requires substantial investment in green bet88 slot digital infrastructure, alongside collaborative efforts to disseminate cutting-edge technological applications in addressing global challenges, particularly climate change.

Third, continually enhance global institutions bet88 slot governance. We must advance APEC's structural reform bet88 slot improve its institutions to create an agile, adaptive, forward-thinking entity capable of spearheading new growth avenues. Expanding technical support bet88 slot capacity-building projects for developing countries is vital. We should also incentivize the participation of businesses bet88 slot communities, who are drivers bet88 slot beneficiaries of APEC’s cooperation. In pursuing these goals, Viet Nam is actively collaborating with APEC partners on the APEC Structural Reform Agenda for 2026-2030 to boost its operational effectiveness.

The Vietnamese leader then highlighted the role of APEC, noting that over the past 35 years, APEC has demonstrated its crucial role in the regional cooperation architecture, connecting the world's economic bet88 slot technological hubs bet88 slot leading the way in harnessing transformative development trends for the benefit of all our peoples.

“The documents adopted at this Summit, including proposals from our host country, Peru, serve as a strong testament to the unwavering commitment of APEC economies to concerted action in addressing shared challenges, capitalizing on emerging opportunities, bet88 slot shaping the trajectory of regional bet88 slot global cooperation,” he said.

As an active bet88 slot responsible member in the international community, Vietnam will work closely with APEC members to translate the Forum’s vision bet88 slot goals into tangible outcomes; bet88 slot building upon the achievements of previous APEC years, Vietnam is preparing for APEC 2027 towards a peaceful, prosperous Asia-Pacific of sustainable, inclusive growth, President Cuong confirmed.