International delegates to the APEC 2017 Second Senior Officials Meeting (SOM2) and related meetings in Hanoi have highlighted progress on the four priorities for APEC 2017 selected by host Vietnam.
Viet Nam has proposed an initiative on building an e-commerce facilitation framework within the Asia-Pacific Economic Cooperation (APEC), as it is an important content in the 2017 APEC’s agenda.
As a powerhouse of new technologies, skilled workforce and burgeoning middle class, the Asia-Pacific region is expected to contribute 70 percent of the global GDP by 2050 and now 10 out of the 20 largest economies are from the region, said a high-ranking Vietnamese official.
The EFTA States and Vietnam held their 14th round of negotiations on a Free Trade Agreement from 9 to 11 May in Geneva, Switzerland.
The Philippines and the United States should explore "bilateral free trade agreements" after US President Donald Trump withdrew from the Trans-Pacific Partnership, a senior adviser of the American Chamber of Commerce in the Philippines said Tuesday.
Representatives from APEC member economies and relevant international organisations gathered in Hanoi on May 14 to discuss ways to boost sustainable urbanisation in the context of globalisation and climate change.
As a dynamic region with rapid economic growth for many decades, the Asia-Pacific region has become a primary driving force for the global economy thanks to its abundant human resources with high skills which are effectively combined with quality institutional frameworks and close collaboration among member economies, said a Vietnamese official.
The Asia-Pacific Economic Cooperation (APEC) economies will establish a common framework to manage the issue of labour mobility in the region, said Trần Việt Thái, Director of the Vietnam APEC Study Centre under the Ministry of Foreign Affairs.