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APEC 2017 a comprehensive success: Deputy PM Phạm Bình Minh

Update: November, 14/2017 - 11:00
Deputy Prime Minister and Foreign Minister Phạm Bình Minh at the press briefing on Monday. — VNA/VNS Photo An Đăng
Viet Nam News

HÀ NỘI — APEC Year 2017, with the freshly-concluded APEC Economic Leaders’ Week in Đà Nẵng city the highlight, was comprehensively successful, Deputy Prime Minister and Foreign Minister Phạm Bình Minh told the media on Monday. 

Comprehensive success 

He elaborated that the comprehensive success can be seen from the organisation and chairing of events to reception, infrastructure, logistics, culture, communications to security and heath care. 

The most important outcome is that APEC continues its economic cooperation and connection impetus, brings into play its role as the leading economic connection mechanism of the region, keeps its core value of trade and investment liberalisation, and supports multilateral trade. 

The APEC Economic Leaders’ Week from November 6 to 11 was one of the few of its kind to be attended by leaders of all 21 member economies over the last decade. This showed their commitment and resolve to the APEC forum and the Asia-Pacific region. 

More than 21,000 delegates took part in the 243 activities held during the APEC Year 2017 in Việt Nam. The APEC Economic Leaders’ Week alone attracted about 11,000 delegates, he said, adding that these figures reflected the world and the region’s great attention to APEC. 

Minh noted that this year’s outcomes created an important foundation for future APEC cooperation. Eight major documents were passed, particularly the Đà Nẵng Declaration and the joint statement of the APEC Ministerial Meeting. 

For the first time, APEC agreed to promote economic, financial and social inclusion and innovative startups, he said. 

APEC leaders also set major plans for APEC cooperation until 2020 and beyond so as to work towards an APEC for people and businesses, help to build an Asia-Pacific community of peace, stability, dynamism, inter-connectivity and prosperity, and uphold APEC’s leadership in coping with new challenges. 

The Deputy PM said ASEAN’s outstanding attainments and central role were highlighted during the year. The APEC leaders convened the first-ever dialogue with all 10 ASEAN members, aiming to enhance coordination in promoting regional growth and economic connectivity. 

Practical benefits for Việt Nam 

By hosting the week and the APEC Year 2017, Việt Nam has obtained all major targets, including improving the country’s role and stature in the international arena, strengthening its relations with other APEC economies, connecting Vietnamese enterprises with APEC firms, and popularising its development and business potential, he said. 

He elaborated that the hosting helped the country carry out the foreign policy of diversifying and multilateralising foreign relations, integrating into the world, and boosting the effectiveness of multilateral diplomacy, with the goal of ensuring peace, stability and favourable conditions for national development. 

Additionally, Việt Nam made use of APEC activities to bolster ties with major partners, Minh noted, adding that on the occasion of the Week, Chinese Party General Secretary and President Xi Jinping, US President Donald Trump and Chilean President Michelle Bachelet paid state visits to Việt Nam. Meanwhile, Canadian Prime Minister Justin Trudeau made an official visit. 

These were historic trips during which strategic agreements were reached, heralding new chapters for Việt Nam’s relations with partners. During the week, local leaders also held more than 50 meetings with leaders of partner countries. Việt Nam signed 121 cooperation agreements worth nearly US$20 billion in total. 

Many partners like Russia, China, Laos, the US, Japan, the Republic of Korea and New Zealand also gave assistance in different forms to support flood victims in the central region hit by typhoon Damrey, Minh said. 

During the APEC Economic Leaders’ Week, Việt Nam advertised its potential and opportunities for development, economy, trade, investment, services and tourism. Notably, the APEC CEO Summit attracted a record of over 2,000 businesses, including some 1,300 foreign firms. The Việt Nam Business Summit drew about 2,200 businesses, including 850 Vietnamese companies. 

More than 80 meetings between localities and businesses took place on the sidelines of APEC activities, and many business cooperation plans between enterprises were formed. 

The Deputy PM added through APEC events, regional economies learned about the dynamism and reforms of Việt Nam’s economy, raising hope of a new influx of investment, trade and tourism into the country. 

He attributed the successful organistion of the APEC Year 2017 to several factors, including the demand for growth momentum and regional economic connectivity in APEC. Việt Nam realised this demand and worked to promote common voices. 

Among subjective factors, one is the Party, State and Government’s leadership in hosting and the whole political system’s engagement in preparations for the year. Another factor is Việt Nam’s higher standing after three decades of reform, along with APEC economies trust in the country. 

Diplomatic wisdom helped Việt Nam make methodological steps and deal with arising problems. It also made preparations early such as by setting up agencies in charge of activities in December 2014. 

Joint efforts by localities, businesses and people were also important factors in the success of the APEC Year 2017, the Deputy PM Minh noted.— VNS

Việt Nam News presents photos on key activities that took place during the APEC Economic Leaders’ Week. All the photos were taken by Vietnam News Agency photographers.

President Trần Đại Quang chairs an informal dialogue between APEC and the Association of Southeast Asian Nations (ASEAN) on November 10. - VNA/VNS Photo
Ministers from the Trans-Pacific Partnership (TPP-11) countries at an informal meeting on the sidelines of the 2017 APEC Economic Leaders’ Week. They decided to rename TPP as the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). - VNA/VNS Photo
President Trần Đại Quang and US President Donald Trump talk during the first closed session on "Innovative Growth, Inclusion and Sustainable Employment in the Digital Age" at the 25th APEC Economic Leaders’ Meeting on November 11. - VNA/VNS Photo
Prime Minister Nguyễn Xuân Phúc meets representatives of economic groups attending the 2017 APEC Economic Leaders’ Week on November 11. - VNA/VNS Photo
VCCI Chairman and Chair of 2017 APEC CEO Summit Dr Vũ Tiến Lộc (right) hands over the presidency to Justin Tkatchenko, Minister Responsible for APEC for Papua New Guinea. Papua New Guinea will host APEC 2018. - VNA/VNS Photo
Deputy Prime Minister and Foreign Minister Phạm Bình Minh and Minister of Industry and Trade Trần Tuấn Anh - co-chairs of the 29th APEC Ministerial Meeting (AMM), pose for a group photo with APEC ministers. - VNA/VNS Photo
Official inauguration of the APEC Park on the west banks of the Hàn River in Đà Nẵng City. The 3,000sq.m park displays 18 sculptures from 21 APEC member economies. - VNA/VNS Photo
Australian Prime Minister Malcolm Turnbull uses his smart phone to take a selfie with President Trần Đại Quang (left), US President Donald Trump and President of China Xi Jinping at the opening session of the 25th APEC Economic Leaders’ Meeting on November 11. - VNA/VNS Photo
Prime Minister Nguyễn Xuân Phúc and his Japanese counterpart Shinzo Abe inaugurate the Việt Nam - Japan Culture Space in Hội An City, Quảng Nam Province, on November 11. - VNA/VNS Photo
President Trần Đại Quang and other leaders of the 21 APEC member economies pose for a group photo on November 11. - VNA/VNS Photo
President Trần Đại Quang, Chair of the 25th APEC Economic Leaders’ Meeting, presides over the closing session as well as a ceremony to hand over chairmanship of APEC 2018 to Papua New Guinea on November 11. - VNA/VNS Photo
Nguyễn Thị Hiền, wife of President Trần Đại Quang and spouses of other APEC leaders attending the 2017 APEC Economic Leaders’ Week, on a walking tour of Hội An City, Quảng Nam Province. - VNA/VNS Photo
Facebook Chief Operation Officer, Sheryl Sandberg (right) and Australian Prime Minister Malcom Turnbull join the panel of speakers at the 2017 APEC CEO Summit session on “Building Connection and Community in a technology-enabled world” on November 10. - VNA/VNS Photo
A businessperson asks panelists questions at the 2017 APEC CEO Summit during a November 9 discussion on "The Digital Age." - VNA/VNS Photo
A music performance entertains guests at a banquet held in honour of leaders and spouses of APEC member economies on the evening of November 10. - VNA/VNS Photo