Khanh Hoa (VNA) – The APEC Finance and Central Bank Deputies’Meeting (FCBDM) kicked off in Nha Trang city, south central coastal Khanh Hoaprovince, on February 23.
As part of the first APEC Senior Officials’ Meeting (SOM-1), theevent drew 150 delegates from the 21 APEC member economies and internationalorganisations, including the International Monetary Fund (IMF), World Bank (WB),Asian Development Bank (ADB), Organisation for Economic Cooperation andDevelopment (OECD), and APEC Business Advisory Council (ABAC).
In his opening speech, Vietnamese Deputy Minister of Finance Tran Xuan Ha saidunder the theme “Creating New Dynamism, Fostering a Shared Future”, APEC Year2017’s priorities will focus on such issues as promoting sustainable,innovative and inclusive growth; boosting regional economic connectivity,enhancing competitiveness and innovation of micro-, small- and medium-sizedenterprises, increasing food security and sustainable agriculture in responseto climate change.
He added that themeeting will discuss regional and global economic prospects and identify commonopportunities and challenges to seek practical and effective measures tomitigate risks and pursue sustainable development.
Following consultations, Ha said, the APEC member economies suggesteddeliberating long-term investment in infrastructure, finance and naturaldisaster risk insurance, base erosion and profit shifting, and financialinclusion, to report to the Finance Ministers’ Meeting in October this year.
The FCBDM is scheduled to last until February 24.-VNA
Vietnam’s customs sector wants to cooperate with APEC member economies and receive financial and technological support from them to develop the sector’s competence.
Representatives of the 21 APEC economies have agreed to cooperate in preventing base erosion and profit shifting (BEPS) at a seminar on the implementation of a BEPS action plan in Nha Trang city.
The first APEC Senior Officials’ Meeting (SOM 1) went on in Nha Trang city on February 22 with activities seven committees, working groups and forums of APEC.
The first Senior Officials’ Meeting (SOM1) of APEC 2017 and related meetings ongoing in Nha Trang city in the central province of Khanh Hoa entered their sixth working day.
The newly adopted law stipulates that the people’s procuracy system comprises the Supreme People’s Procuracy; people’s procuracies at the provincial and municipal level; regional people’s procuracies; and military procuracies at all levels.
For 2025 and beyond, Vietnam and Mozambique have identified key cooperation priorities, including the continued implementation of existing frameworks and the expansion of ties into new areas such as renewable energy, construction, IT and digital transformation.
Permanent Deputy Minister of Foreign Affairs Nguyen Minh Vu stressed the need to enhance the performance of institutions established under the Convention, thereby reinforcing the role and vitality of UNCLOS, referred to as the “Constitution for the Oceans,” in maintaining maritime order, conserving and sustainably utilising marine resources, and contributing to global peace, stability, and sustainable development.
Regarding PM Chinh’s attendance at the WEF’s meeting in China for the third year in a row and Vietnam’s contributions to the forum, Ma said the Vietnamese leader has shared practical experiences and proposals on green economy aimed at facilitating trade and attracting foreign investment within the framework of the Regional Comprehensive Economic Partnership (RCEP); and offering fresh ideas for shaping strategies in economics, trade, and sustainable development.
In 2019, the Vietnamese association in PEI was established as a non-governmental organisation to support integration and development within the community. It has since organised a range of activities to maintain cultural identity, foster community cohesion, and strengthen ties with the homeland, while also contributing to the development of the host society.
Vietnam’s participation at the meeting underscores the country’s consistent foreign policy of independence, self-reliance, multilateralisation and diversification, and proactive international integration in a broad, deep, and effective manner. It also conveys Vietnam’s ambition and determination to enter a new era - the era of the nation’s rise.
The amended law will take effect on July 1, 2025, except for provisions on civil servant evaluation in Section 3, Chapter IV, which will be implemented from January 1, 2026.
Prime Minister Pham Minh Chinh’s participation at the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin, China, reflects the Vietnamese Party and Government’s strong commitment to the Vietnam–China comprehensive strategic cooperative partnership, while injecting fresh momentum into bilateral economic and trade cooperation amid a volatile global economic landscape.
A key amendment was made to Clause 2, Article 16, which now stipulates that a child born to one parent who is a Vietnamese citizen and the other a foreign national shall be granted Vietnamese nationality, if both parents agree to choose Vietnamese nationality for the child during birth registration with competent Vietnamese authorities
PM Chinh's participation demonstrates Vietnam's strong appreciation and support for China. This, in turn, contributes to further promoting the positive development of the Comprehensive Strategic Cooperative Partnership, aiming to build a Vietnam-China community with a shared future, which carries strategic significance.
At the WEF meeting in Tianjin, Vietnam continues to affirm its foreign policy of independence, self-reliance, diversification and multilateralisation, as well as its proactive and active approach to comprehensive, extensive, and effective international integration
Vietnam always regards the RoK as an important and long-term strategic partner; and hopes that the two sides will work together to further deepen the Comprehensive Strategic Partnership in a more substantive, effective, and comprehensive manner in the coming time.
Within the framework of the Vietnam-Australia Comprehensive Strategic Partnership, people-to-people exchanges and local cooperation have been priorities.
The merger of Nam Dinh, Ha Nam, and Ninh Binh aims to shape a modern, vibrant development space with Ninh Binh at its heart, transforming the region into a hub of smart and green industry and services by 2030, while preserving its unique identity as a national heritage centre.
While praising the efforts of ministries, sectors, and localities in tackling smuggling, trade fraud, counterfeiting, and intellectual property violations, PM Chinh acknowledged that in some places and at certain times, there has been lax enforcement and unclear jurisdiction, leading to increasingly complex developments in these issues.
At the meeting (Photo: VNA)
