Post-APEC opportunity for Vietnam’s industries

Hosted by SCG, one of the leading conglomerates of the ASEAN, the conference aims to summarise the key resolutions of the APEC Business Advisory Council (ABAC)’s meeting during the APEC 2017 in Vietnam and highlight its impact on the growth of key industries in Vietnam.

According to Hoang Van Dung, chairman of ABAC Vietnam, the ABAC meetings were concluded with numerous recommendations to APEC leaders to foster regional business progress.

“The recommendations focus on promoting regional integration and removing protectionist barriers to facilitate business development and investment; addressing climate change and the energy framework; the importance of sustainability and inclusive development; and supporting small- and medium-sized enterprises in finance and technologies, with vision until 2020 and onwards. These proposals, once put into action, will directly impact local businesses,” Dung said.

The conference has also provided suggestions on how companies in Vietnam could grab these opportunities to grow their businesses inclusively and sustainably.

Especially, SCG—as the leader in building materials, packaging and the plastic industry—provided top-line insights in these sectors, with practical recommendations for local businesses.

“This year, following ABAC’s resolutions in strategic issues including inclusive development and sustainability, this conference was organised for the country’s business leaders to discuss the specific impacts of these trends on Vietnam’s industries. These insights will hopefully support local businesses to plan ahead for future challenges,” said Vu Tien Loc, chairman of the Vietnam Chamber of Commerce and Industry (VCCI).