Indo-Pacific Business Forum Opens in Hanoi

11:43:02 AM | 10/28/2020

The third edition of the Indo-Pacific Business Forum is taking place on October 28 – 29 in Hanoi, Vietnam. The event is hosted virtually and in-person. This premier public-private event is supported by the Governments of the United States and Vietnam, and is co-organized by the U.S. Chamber of Commerce and the Vietnam Chamber of Commerce and Industry, in collaboration with the U.S. Department of State, U.S. Department of Treasury, U.S. Department of Commerce, U.S. Department of Health and Human Services, U.S. Department of Transportation, U.S. Department of Energy, U.S. Development Finance Corporation, the Export-Import Bank of the United States, U.S. Agency for International Development, the American Chamber of Commerce of Vietnam, and the U.S.-ASEAN Business Council.

The forum will focus on such topics as: Promoting Infrastructure Investment in the Indo-Pacific for a Resilient Future; Challenges and Opportunities in the Indo-Pacific Digital Economy; Pacific Prosperity: Promoting Mutually Beneficial Trade and Economic Policies in the Pacific; Corporate Social Responsibility and Excellence: Perspectives from the Indo-Pacific Region; Regional Health Investments for Post-Pandemic Growth; Building ASEAN's Workforce for Tomorrow. In particular, on the morning of October 28, there was a special discussion session to celebrate the 25th anniversary of the bilateral relationship between Vietnam and the United States.

Delivering keynote remarks at the Forum, VCCI President Vu Tien Loc, shared, "VCCI is honored to co-host this forum together with the U.S. Chamber of Commerce".

“There are three pillars of the Indo-Pacific Strategy: security, economy, and governance. In the economic pillar, the Indo-Pacific business community plays an important role and this forum is one of the most important for senior government officials, executives and partners to work together to advance our shared agenda: prosperity in a free and open India –Pacific,” he added.

VCCI President said that in a rapidly changing world, driven by the COVID-19 pandemic, digital technology and innovation, opportunities will become ever greater for those who wish to lead the way.
Dr. Vu Tien Loc hoped that the Indo-Pacific continues to be a great power, and its member states play an important role in combating COVID-19, shaping the economic future of the region and the world.

In the framework of the Indo-Pacific Business Forum, a number of important economic and trade cooperation agreements between Vietnam and the U.S. worth billions of US dollars are expected to be signed.

 Source: Vietnam Business Forum