The remark was made by Vietnamese Minister of Industry and Trade Nguyen Hong Dien at the virtual meeting of the APEC Ministers Responsible for Trade held on the evening of June 5 (Vietnam time).

Vietnamese Minister of Industry and Trade Nguyen Hong Dien attends the virtual meeting.

The 27th APEC Ministerial Meeting, chaired by Hon Damien O’Connor - New Zealand’s Minister for Trade and Export Growth, discussed the important role of trade in tackling the impacts of the Covid-19 pandemic and in enabling a strong economic recovery for all people.

Minister Nguyen Hong Dien said that to ensure economic development and social stability, APEC member economies should be united and determined to maintain free and open trade and investment in addition to strengthening regional economic integration and ensuring APEC's leading role in the Asia-Pacific region.

The minister suggested that APEC member economies focus on discussions towards the completion of the Putrajaya Vision 2040 this year, which will provide the basic and important foundation to guide the forum's cooperation activities in the next two decades.

In addition, free and open trade and investment activities need to be promoted while implementing initiatives to ensure the smooth operation of the regional supply chain of goods and services.

In the context of social distancing due to the Covid-19 pandemic in many economies, e-commerce and digital transformation play an even more important role in economic development and daily life.

Therefore, APEC needs to strengthen cooperation in innovation and digital trade to ensure infrastructure for effective digital connectivity and improve digital capacity for businesses and human resources, especially for women and people with disabilities.

In particular, the current pressing issue is the production and distribution of Covid-19 vaccines, which is a humanitarian issue that is considered the most effective way to ensure the health of the people and the community, Dien noted.

Therefore, Vietnam supports APEC cooperation activities in order to ensure the safe, effective, fair and timely production and supply of vaccines, reduce barriers to intellectual property, and enhance the sharing of information and technology transfer for vaccine production.

The minister added that Vietnam unanimously approved the statement of the 27th ministerial meeting on the supply chain of Covid-19 vaccines.

At the meeting, APEC Ministers also focused on discussing trade policies to respond to the Covid-19 pandemic and their support for the multilateral trading system.

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Bac Giang creates favorable conditions for businesses to resume operations in safe conditions

(BGO) - On the afternoon of June 1, Ambassador of the Republic of Korea to Vietnam Park Noh-wan visited Bac Giang province and had a working session with local leaders on the difficulties the RoK businesses are facing in the context of the Covid-19 epidemic.

Bac Giang allows 11 businesses to resume operation

(BGO) – Since May 28 till now (June 1), the Industrial Park Management Board in Bac Giang province has allowed 11 businesses with 12 projects in the industrial parks (IP) in Viet Yen district to resume operation in line with the Plan No.213 issued by the provincial People’s Committee (PPC) after actual inspection and verification of document about disease prevention and control programme to ensure safety.

9 businesses in Bac Giang’s industrial parks resume operation

(BGO) -  The Industrial Park Management Board (IPMB) in Bac Giang province on May 28 and 29 issued document to agree with the policy to allow 9 businesses in the industrial parks (IP) in Viet Yen district to resume operation in line with the provincial People’s Committee’s Plan No.213 after the suspension period for Covid-19 prevention and control. 

8 businesses resume operation in Bac Giang from May 26

(BGO) – Following the Government and Prime Minister’s instruction about duo task implementation of Covid-19 prevention and control as well as economic recovery and development, the People’s Committee in Bac Giang province (PPC) on May 25 issued urgent plan to organize the production and business activities for enterprises in the industrial parks of Dinh Tram, Quang Chau, Song Khe – Noi Hoang and Van Trung. 

Source: NDO