Deputy Minister of Labour, Invalids and Social Affairs Dao Hong Lan speaks at the second APEC Policy Partnership on Women and the Economy (PPWE 2) (Photo: VNA)

Thua Thien-Hue (VNA) – The theme of the 2017 APEC Women
and the Economy Forum (WEF) is meant to contribute to APEC’s common efforts,
helping to continue implementing APEC leaders’ recommendations on women’s
economic, financial, social integration and economic empowerment while
promoting women’s equal access to quality education and economic resources, said a participating official.

The 2017 WEF is taking place in Hue city, the central province of Thua
Thien-Hue, from September 26 to 29 under the theme “enhancing women’s economic inclusion
and empowerment in the changing world”.

Talking to media outlets on the event’s sidelines, Deputy Minister of
Labour, Invalids and Social Affairs Dao Hong Lan said the theme of the 2017 WEF
is associated with priorities specified at previous APEC WEFs in recent years.
It is also in line with the existing situation and the development trend in the

About 600 million women are in the labour force of APEC, she noted,
adding that over 60 percent of them work in the formal sector and another 40
percent in the informal sector. They contribute up to 89 billion USD to APEC
every year.

APEC leaders always highly value women’s role in economic integration
and development, she noted.

Lan admitted that women’s potentials have yet to be fully tapped, and
that’s why the APEC economies agreed to include women’s economic empowerment
and inclusion in the common agenda.

She added that while bright prospects for the global economic growth can
been seen, the booming information technology revolution has generated multiple
business opportunities and profit for the regional economy. That will also
bring about more chances and favourable conditions for the female workforce and
women-owned enterprises.

She expressed her hope that the 2017 WEF will
adopt a ministerial statement on women and the economy. This document, set to
propose policy recommendations for the 21 APEC member economies, will be
submitted to the APEC Economic Leaders’ Meeting in central Da Nang city this

Deputy Minister Lan also said she looks
forward to the member economies’ approval of Vietnam’s initiative on APEC
gender inclusion guidelines.

The participation of numerous delegates from
governments and the private section in main and side events of the forum will
help tighten the public-private partnership. The WEF is a chance for APEC
governments to learn about the private sector’s aspirations and, together with this
sector, discuss ways to improve women’s economic empowerment.

The official added the forum also serves as a precious opportunity for
Vietnam to step up investment promotion and popularise the country’s culture,
people and tourism.

Established in 1989, APEC
comprises 21 economies, including Australia, Brunei, Canada, Chile, China, Hong
Kong (China), Indonesia, Japan, the Republic of Korea, Malaysia, Mexico, New
Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Chinese
Taipei, Thailand, the US, and Vietnam.

They account for 39 percent of
the world population, 57 percent of the world GDP and 47 percent of the global
trade, according to statistics in 2014.-VNA