President attends dialogue between APEC leaders, ABAC
President Nguyen Xuan Phuc has asked committees and working groups of the Asia-Pacific Economic Cooperation (APEC) forum and APEC Business Advisory Council (ABAC) to enhance dialogues, actively realise the long-term vision for trade and investment in Asia-Pacific, and strengthen multilateral trade system.
President Nguyen Xuan Phuc at the event (Photo: VNA)
Bangkok (VNA) – President Nguyen XuanPhuc has asked committees and working groups of the Asia-Pacific EconomicCooperation (APEC) forum and APEC Business Advisory Council (ABAC) to enhance dialogues,actively realise the long-term vision for trade and investment in Asia-Pacific, andstrengthen multilateral trade system.
Speaking at a dialogue between leaders of APEC economiesand members of the ABAC in Bangkok on November 18, President Phuc affirmed thatVietnam supports multilateral trade system based on principles and rules, withthe World Trade Organisation (WTO) as the centre.
While a number of new bilateral and regionalmechanisms have been set up, the WTO is still considered a “foundational” multilateralcooperation mechanism that helps maintain stability and equality in internationaltrade and economic relations, contributing to the sustainable economicdevelopment in the world, he said.
The Vietnamese President called on APEC economies to accelerateimportant negotiations in the WTO on fisheries subsidies, agriculture and WTOreform.
Vietnam is ready to work closely with APECmembers to implement outcomes of the 12th WTO Ministerial Conference anddeal with issues that are yet to be agreed in the WTO, he said.
The President told the dialogue that as an openeconomy, Vietnam has signed and implemented 15 free trade agreements with over60 partners. It has also been working closely with APEC members to step upregional economic integration in line with 2040 APEC Vision.
Vietnam welcomes and is engaging in a number ofmultilateral initiatives on micro, small and medium-sized enterprises; tradeand economic empowerment for women. It is also studying more aboutother initiatives, he stated.
He suggested ABAC continue upholding its active role in APEC for an Asia-Pacific region of peace, sustainable development and prosperity for allcitizens.
The dialogue between APEC leaders and ABAC is an annual activity within theframework of the APEC Economic Leaders’ Week, enabling leaders to listen to suggestionsand opinions from with the regional business community.
In a report submitted to APEC leaders, ABAC proposed APEC take a comprehensiveapproach to and cooperate in environment and climate change, clean energytransition and digital transformation, regional economic linkage andintegration; and assist businesses in adaptation with and recovery from thepandemic.
𒈔 Leaders vowed to consider the proposals of the business community during theprocess of building APEC cooperation orientations, as well as in specificpolicies of each economy in order to bring more practical results to citizensand business community./.
President Nguyen Xuan Phuc on November 18 met US Vice President Kamala Harris in Bangkok, as both are in Thailand to attend the 29th APEC Economic Leaders’ Meeting.
President Nguyen Xuan Phuc called on members of the Asia-Pacific Economic Cooperation (APEC) to iron out differences, increase dialogue, and coordinate actions for the sake of common interests, while attending the 29th APEC Economic Leaders’ Meeting and related activities on November 18.
During the 24 years of its membership of the Asia-Pacific Economic Cooperation (APEC) forum, Vietnam has made active and proactive contributions to the forum, thus helping promote regional peace, stability, cooperation and economic linkage, according to Director of Multilateral Trade Policy Department under Ministry of Industry and Trade (MoIT) Luong Hoang Thai.
President Nguyen Xuan Phuc together with leaders of the Asia-Pacific Economic Cooperation (APEC) member economies attended a dialogue and luncheon with French President Emmanuel Macron and Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman in Bangkok on November 18.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
President Nguyen Xuan Phuc at the event (Photo: VNA) 
