APEC business executives to meet in Vietnam later this month

VOV.VN - As many as 130 business executives of all 21 APEC economies will meet in the Vietnamese province of Quang Ninh on July 26-27 for the third meeting of the APEC Business Advisory Council (ABAC III).

ABAC III is a big event of great economic and trade significance for the regional business community. The meeting will bring together many business executives of prestigious and influential investment and trade promotion organizations in the Asia-Pacific region.

Topics to be discussed are of particular interest to the regional business community, aiming for regional and global economic recovery and growth.

The meeting is an important event for the APEC Business Advisory Council to make recommendations to APEC ministers and bank governors to prepare their annual report to APEC leaders. In addition, it will examine issues to be tabled for discussions at the dialogue meeting between APEC leaders and ABAC to take place during the APEC Economic Leaders’ Week in Thailand in November 2022.

“ABAC Vietnam has decided to host this third meeting, with the desire to popularize Vietnam as a safe and attractive investment destination among investors and leaders of large corporations,” said Pham Tan Cong, president of the Vietnam Chamber of Commerce and Industry (VCCI) and President of ABAC Vietnam.

ABAC III was originally scheduled to take place in China in July 2022. However, Thailand, which is currently ABC 2022 Chair, requested Vietnam to host this meeting as China has yet to welcome international visitors due to its ongoing enforcement of the ‘Zero COVID’ policy.

To date 130 leaders of ABAC member corporations and businesses have registered to participate in the meeting. Among them are executives of leading corporations such as NEC Group, Marubeni, UPS, and Acer.

According to Cong, though the meeting will be held both virtually and physically, more executive will register to attend the meeting, because regional executives expect to have face-to-face meetings to look for business opportunities after the recent COVID-19 challenging period.

On the sidelines of the meeting, Quang Ninh in collaboration with VCCI will organize the Quang Ninh Investment Promotion Conference 2022 on July 26, and an economic forum connecting four neighbouring localities of Hung Yen, Hai Duong, Hai Phong and Quang Ninh on July 28.

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