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Last updated: Wednesday, May 24, 2017

 

APEC 2017: Excellent Opportunities for Enterprises

Posted: Monday, March 27, 2017


The Vietnam Chamber of Commerce and Industry (VCCI) will host six business-related events in the year of APEC 2017, with the biggest-ever attendance of domestic and foreign businesses and entrepreneurs in Vietnam.
At a recent press conference on business operations in the year of APEC Vietnam 2017 and results of ABAC1 Meeting organised by VCCI in cooperation with the Organising Board of the Asia-Pacific Economic Cooperation (APEC) Vietnam 2017 in Hanoi, Dr Vu Tien Loc, President of VCCI and Chairman of CEO Summit 2017, said that six business-related events are the Start-up Forum on the sidelines of the Ministerial Conference on Small and Medium Enterprises in Ho Chi Minh City on September 13; the APEC Women Entrepreneurs Forum in Hue City in September; Fourth APEC Business Advisory Council Meeting (ABAC4) in Danang City from November 4 to 7; Investment Trade and Investment Promotion Forum in Danang City November 8; APEC CEO Summit in Danang City from November 8 to 10; and ABAC-APEC Economic Leaders Dialogue in Danang City on November 10.
 
In particular, before the very strong start-up wave, the Start-up Forum on the sidelines of the Ministerial Conference on Small and Medium Enterprises is expected to attract a large number of domestic and foreign start-up entrepreneurs to take part in. Dr Loc said, Vietnam is among 20 countries with the strongest entrepreneurial spirit in the world but it was also among 20 countries with the weakest governance. Therefore, starting a business needs not only the will and the spirit but also governance model and good execution.
 
Main contents of this forum will focus on discussing the APEC business ecosystem, APEC start-up community development, business start-up in technology-applied and innovative agriculture, start-up education and training, and finance for start-up companies (Credit Guarantee Fund, Venture Capital Fund, Angel Investor and Bank-led Start-up Support Programme, etc.)
 
He said the government has launched a lot of SME supports. Resolution 35 on business development is an ambitious resolution on start-up that is not found elsewhere in the world. But, in order to start the global economy, apart from the government support, the initiative of enterprises is still the core.
 
“Hopefully, this Start-up Forum will be the biggest class in Vietnam. We invited Facebook leaders to attend this forum,” he added.
 
The Investment Trade and Investment Promotion Forum with Vietnam in Danang City November 8, which is also called the Business Summit for Vietnam to be held annually by VCCI, will introduce investment and business opportunities in 63 provinces and cities to international investors. He said world-class well-made investment and trade promotion is an important goal for Vietnamese businesses to head for and learn. VCCI is working with 63 provinces and cities to build a set of standard trade and investment promotion indicators to apply rather than carry out individual investment promotion as earlier. This forum will be attended by Prime Minister Nguyen Xuan Phuc. On the sidelines, this forum will have an exhibition called “Vietnam - Destination for world investors” where local investment policies and industrial parks will be introduced and recommended to potential investors.
 
He noted that this year's APEC CEO Summit 2017 will highlight the 4th industrial revolution, new signs of trade protectionism and globalisation future, new horizons of international trade; motives for employment and human resource development in the 21st century; micro, small and medium enterprises (MSMEs) in agricultural development and global supply chain restructuring trends; effective use of resources and sustainable development; and service revolution.
 
This conference will be attended by senior leaders from APEC economies - the most dynamic economic region in the world, speakers from the world's leading corporations, and 1,000 business leaders and CEOs from 21 economies.
 
APEC 2017 will be an excellent opportunity for Vietnam to promote the image of the country and people, promote tourism and bring the Vietnamese business community closer to the broader APEC market. For Vietnamese enterprises, especially MSMEs, actively engaging in APEC 2017 will have many opportunities to contact with potential business, trade and investment partners; accelerate connectivity and capture new business trends; expand opportunities to participate in regional and global value chains
This conference will be attended by senior leaders from APEC economies - the most dynamic economic region in the world, speakers from the world's leading corporations, and 1,000 business leaders and CEOs from 21 economies.
 
APEC 2017 will be an excellent opportunity for Vietnam to promote the image of the country and people, promote tourism and bring the Vietnamese business community closer to the broader APEC market. For Vietnamese enterprises, especially MSMEs, actively engaging in APEC 2017 will have many opportunities to contact with potential business, trade and investment partners; accelerate connectivity and capture new business trends; expand opportunities to participate in regional and global value chains
Lan Anh








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