PM: joining hands in building ASEAN Community amidst Industry 4.0

As the host of the 2018 World Economic Forum on ASEAN (WEF ASEAN 2018), Vietnam has the responsibility to work with the WEF and ASEAN to discuss important issues and plans for the development of ASEAN member countries amidst the Fourth Industrial Revolution, said Prime Minister Nguyen Xuan Phuc.
pm joining hands in building asean community amidst industry 40

Prime Minister Nguyen Xuan Phuc

This is to help realise the 2025 ASEAN Community Vision, for the interests of the entire region at large and each country inpidually, contributing to regional and global prosperity, the leader said in a recent article released on the occasion of the WEF ASEAN 2018 from September 11-13 in Hanoi.

ASEAN has enormous opportunities to develop and promote economic links thanks to more intensive and extensive globalisation and the rapid spread of the fourth Industrial Revolution, particularly digital technology, internet of things (IoT), artificial intelligence (AI) and big data, he wrote.

The PM noted that WEF ASEAN 2018’s theme “Entrepreneurship and the fourth Industrial Revolution” is not only in line with the world’s development trends but also with the theme of a “self-reliant and innovative ASEAN Community” that the ten-member group set this year.

The event gathers many high-ranking leaders of ASEAN countries and its partners, about 1,000 representatives of multi-national corporations and ASEAN and international businesses and some 800 domestic enterprises.

Taking place following APEC Year 2017 and the sixth Greater Mekong Sub-region in March 2018, WEF ASEAN 2018 reflects the ever-growing role of Vietnam in ASEAN, the region and the world, as well as the confidence of international businesses and investors in the country’s prospects.

It is also proof of Vietnam's attractiveness and the trust that global businesses and international investors vest in Vietnam. It is also a manifestation of Vietnam's new status after 30 years of reform, exhibiting the country’s pro-activity and “stature” in international integration as well as in shaping the regional and global economy.

“The 2018 WEF-ASEAN shall also be a chance for us to deepen relations with a wide range of countries and partners, including neighbouring countries and strategic and key partners. This is a channel to strengthen the network of open, multilateralised and persified foreign relations, contributing to creating a peaceful and stable environment for socio-economic development and improving the country’s status and prestige in the international arena,” the leader wrote.

Of the nearly 1,000 participating international businesses, many are among the top 500 corporations in the world, possessing vast financial, technological and managerial capacity.

Witnessing Vietnam’s strong growth would encourage the businesses to step up cooperation and investment in Vietnam through plans and projects that aim to harness the opportunities of the Fourth Industrial Revolution.

Cooperation with these multinational corporations is an opportunity and driver for Vietnamese businesses, daring them to think big and do big to raise competitiveness, quality and efficiency, according to the PM.

The success of the 2018 WEF-ASEAN shall breathe new life and create new drivers for international integration, thus affirming Vietnam's role, status and contributions in ASEAN and the region.

It shall stir national pride and exhort the spirit of self-reliance and the aspiration to rise to the challenge, to build a socialist Vietnam with wealthy people, strong nation, democracy, equality and civilisation, PM Phuc concluded.

Source: VNA

Related News

Six export markets of billion growth

Six export markets of billion growth

VCN - Our country's key export markets maintained impressive growth momentum. In particular, six markets increased by US$1 billion or more.
Rice exports to China drop sharply

Rice exports to China drop sharply

VCN - While the amount of rice exported to Southeast Asian markets increased sharply, the results in the Chinese market were the opposite.
Cambodia Customs facilitates fastest movement of goods in transit

Cambodia Customs facilitates fastest movement of goods in transit

VCN – The General Department of Customs and Excise of Cambodia (GDCEC) facilitates goods in transit, prompting movement of goods within ASEAN, said by Mr. Kun Nhem – Minister Attached to the Prime Minister, Director General of the GDCEC on the sidelines of the 33rd ASEAN Directors-General of Customs Meeting.
EU-ABC ready to help Vietnam Customs improve operational efficiency

EU-ABC ready to help Vietnam Customs improve operational efficiency

VCN - The EU- ASEAN Business Council (EU-ABC), on the one hand, wants goods to be cleared quickly and facilitates trade, and on the other hand is ready to help customs improve operational efficiency and understand the needs of the business community, as well as in other issues such as fighting against illegal trade.

Latest News

Việt Nam targets full mobile broadband coverage on highways, industrial zones by 2025

Việt Nam targets full mobile broadband coverage on highways, industrial zones by 2025

By 2025, Việt Nam aims to achieve 100 per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of the country’s mobile telecommunications network, approved by the Ministry of Information and Communications (MIC).
Vietnamese enterprises undeterred by economic headwinds: UOB

Vietnamese enterprises undeterred by economic headwinds: UOB

Vietnamese companies have been upbeat about the current business environment, according to the Business Outlook Study 2024 (SMEs & Large Enterprises) conducted by Singapore-based United Overseas Bank (UOB).
AMRO revises Vietnam’s 2024 growth forecast upward to 6.3%, highest in ASEAN

AMRO revises Vietnam’s 2024 growth forecast upward to 6.3%, highest in ASEAN

The ASEAN+3 Macroeconomic Research Office (AMRO) revised Vietnam’s economic growth forecast upward to 6.3% for 2024 in its latest update released on July 16.
Trade remedies create a fair business environment

Trade remedies create a fair business environment

VCN - The investigation and application of trade defense measures have contributed to protecting and creating a fair competitive environment for domestic manufacturing industries.

More News

PM asks for solutions towards 95% of public investment disbursement rate

PM asks for solutions towards 95% of public investment disbursement rate

Prime Minister Pham Minh Chinh has asked for breakthrough solutions to fulfil the target of 95% in the disbursement rate of public investment capital in 2024.
Industrial production has not yet been able to fully recover as before the Covid-19 pandemic

Industrial production has not yet been able to fully recover as before the Covid-19 pandemic

VCN - Industrial production in the second quarter of 2024 grew more positively than in the first quarter of 2024, the value added growth rate was estimated at 8.55% over the same period last year. In the first six months of the year, the added value of the industrial sector increased by 7.54% over the same period last year, of which the processing and manufacturing industry increased by 8.67%.
PM urges measures to remove obstacles to e-commerce

PM urges measures to remove obstacles to e-commerce

Prime Minister Pham Minh Chinh has stressed the need to implement specific tasks in order to untangle knots in e-commerce development, according to the Government Office.
European firms hope for Vietnam’s continuous policy adjustments: EuroCham survey

European firms hope for Vietnam’s continuous policy adjustments: EuroCham survey

The European Chamber of Commerce in Vietnam (EuroCham) on July 15 released its Business Confidence Index (BCI) report for the second quarter of 2024, which reveals a marginal decline from 52.8 in Q1 to 51.3 in Q2, underscoring the necessity for ongoing policy adjustments to maintain momentum.
Six factors positively impact economic growth in 2024

Six factors positively impact economic growth in 2024

VCN- Minister of Planning and Investment (MPI) Tran Quoc Phuong said there are 6 factors that will positively impact economic growth in the remaining months of 2024.
Vietnam attends 14th annual East Sea conference in US

Vietnam attends 14th annual East Sea conference in US

A Vietnamese delegation led by Vice President of Diplomatic Academy of Vietnam Nguyen Hung Son attended the 14th annual conference on East Sea (also known as South China Sea) held by the Washington DC-based Centre for Strategic and International Studies (CSIS) on July 11.
President’s state visits contribute to strengthening Vietnam-Laos-Cambodia cooperation: FM

President’s state visits contribute to strengthening Vietnam-Laos-Cambodia cooperation: FM

Vietnamese President To Lam’s state visits to Laos and Cambodia from July 11-13 have contributed to enhancing the traditional and effective cooperation among the three countries, Minister of Foreign Affairs Bui Thanh Son has said.
HCM City gears up for future workforce challenges

HCM City gears up for future workforce challenges

A recently approved labour and employment strategy of Ho Chi Minh City outlines potential challenges and opportunities for its workforce between 2023 and 2030.
Important innovation in the draft Law on Management and Investment of State Capital at Enterprises

Important innovation in the draft Law on Management and Investment of State Capital at Enterprises

VCN - Continue to collect comments on the draft Law on Management and Investment of State Capital at Enterprises, representatives of state-owned enterprises all said that the work of developing the Law needs to pay attention to avoid overlap when implementing with other related laws.
Read More

Your care

Latest Most read
Việt Nam targets full mobile broadband coverage on highways, industrial zones by 2025

Việt Nam targets full mobile broadband coverage on highways, industrial zones by 2025

By 2025, Việt Nam aims to achieve 100 per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of the country’s mobile telecommunications network, approved by the Ministry of Information and Communications (MIC).
Vietnamese enterprises undeterred by economic headwinds: UOB

Vietnamese enterprises undeterred by economic headwinds: UOB

Vietnamese companies have been upbeat about the current business environment, according to the Business Outlook Study 2024 (SMEs & Large Enterprises) conducted by Singapore-based United Overseas Bank (UOB).
AMRO revises Vietnam’s 2024 growth forecast upward to 6.3%, highest in ASEAN

AMRO revises Vietnam’s 2024 growth forecast upward to 6.3%, highest in ASEAN

The ASEAN+3 Macroeconomic Research Office (AMRO) revised Vietnam’s economic growth forecast upward to 6.3% for 2024 in its latest update released on July 16.
Trade remedies create a fair business environment

Trade remedies create a fair business environment

VCN - Currently, there are 4 trade defense measures in effect on imported steel products and 1 trade defense measure on steel-related products (welding materials) and 2 cases are in process of investigation related to prestressed steel cable products and
PM asks for solutions towards 95% of public investment disbursement rate

PM asks for solutions towards 95% of public investment disbursement rate

Prime Minister Pham Minh Chinh has asked for breakthrough solutions to fulfil the target of 95% in the disbursement rate of public investment capital in 2024.
Mobile Version