The Hanoitimes - Vietnam is committed to cooperating with ASEAN countries in providing substantial supports for the business community, Prime Minister Nguyen Xuan Phuc has said. Vietnam and other ASEAN countries need to realize a common goal of putting the people and enterprises at the center of development efforts, according to Prime Minister Nguyen Xuan Phuc. Prime Minister Nguyen Xuan Phuc at the ASEAN BIS 2020. Photo: Quang Hieu. ASEAN member countries must grasp opportunities from a shift of global supply chains and investment capital flows to ensure the bloc’s long-term development, stated Mr. Phuc at the ASEAN Business and Investment Summit (ASEAN – BIS) 2020 held in Hanoi on November 13. This year’s theme ‘Digital ASEAN: Sustainable and Inclusive’ will focus on the importance of the Fourth Industrial Revolution in stimulating growth, trade and investment against the backdrop of the impacts of the coronavirus and the many challenges facing the region. The summit’s program will cover four sub-themes: ASEAN’s Economic Outlook; the Future of ESG Investing in Asia; Technology and the Future of Work in ASEAN; and ASEAN Resilient, Sustainable and Inclusive Growth. Attending this year’s event are the leaders of ASEAN as well the presidents and prime ministers of ASEAN’s dialogue partners such as Australia, China, OECD, UNDP or the World Bank, among others. Prime Minister Nguyen Xuan Phuc and delegates. Photo: Quang Hieu. Vietnam PM Phuc suggested the ASEAN – BIS 2020 would serve as a bridge between policy makers and international organizations, as well as businesses in the region, in turn opening up opportunities for further cooperation and development towards sustainable and inclusive growth. Over five decades of development, ASEAN has become a dynamic and creative business community with a population of over 630 million and GDP of US$3.1 trillion (2019), making it the fifth largest economy in the world. Mr. …
[Read more...] about People and enterprises at center of development efforts: PM