APEC promotes investment climate reforms

NDO/VNA – Promoting trade and investment, and reforming the investment climate in APEC member economies, were discussed at a meeting of the Investment Experts’ Group (IEG) in Ho Chi Minh City on August 21, within the framework of the third APEC Senior Officials’ Meeting. The two-day meeting held under the aegis of the Committee of Trade and Investment saw the presence of officials from 21 APEC members and experts from international organisations. IEG Convener Maxim Berdichevsky said one of the big topics is the examination of the next generations’ trade investment issues, which have been identified by APEC members as a matter for the future. “We want to make it easy for investors to move their capital within the region in order to optimise the supply chain and investment,” he told reporters. At the meeting, delegates also debated the latest domestic investment policy approaches to improving the investment climate. Australia proposed the exchange of experience related to foreign investment with a particular focus on engagement with internal (business, Government, and wider community) and external (investors, foreign governments) stake holders. The country shared its experience in developing a whole-of-government community strategy. Japan talked about its review of multi-year plans for infrastructure development and investment. Other issues on infrastructure investment, an investment facilitation action plan, investment policy dialogue, and public private partnership were discussed at the meeting. Thai Thu Phuong, IEG Vice Chair, said the meeting provides a good chance for Vietnam to learn from other members, especially regarding issues related to…... [read more]

NDO/VNA – Promoting trade and investment, and reforming the investment climate in APEC member economies, were discussed at a meeting of the Investment Experts’ Group (IEG) in Ho Chi Minh City on August 21, within the framework of the third APEC Senior Officials’ Meeting. The two-day meeting held under the aegis of the Committee of Trade and Investment saw the presence of officials from 21 APEC members and experts from international organisations. IEG Convener Maxim Berdichevsky said one of the big topics is the examination of the next generations’ trade investment issues, which have been identified by APEC members as a matter for the future. “We want to make it easy for investors to move their capital within the region in order to optimise the supply chain and investment,” he told reporters. At the meeting, delegates also debated the latest domestic investment policy approaches to improving the investment climate. Australia proposed the exchange of experience related to foreign investment with a particular focus on engagement with internal (business, Government, and wider community) and external (investors, foreign governments) stake holders. The country shared its experience in developing a whole-of-government community strategy. Japan talked about its review of multi-year plans for infrastructure development and investment. Other issues on infrastructure investment, an investment facilitation action plan, investment policy dialogue, and public private partnership were discussed at the meeting. Thai Thu Phuong, IEG Vice Chair, said the meeting provides a good chance for Vietnam to learn from other members, especially regarding issues related to…... [read more]

The two-day meeting held under the aegis of the Committee of Trade and Investment saw the presence officials from 21 APEC members and experts from international organizations. IEG Convener Maxim Berdichevsky said one of the big topics is the examination of next generations’ trade investment issues, which have been identified by APEC members as a matter for the future. Meeting of the Investment Experts’ Group (IEG) in HCM City on August 21.  “We want to make it easy for investors to move their capital within the region to optimize the supply chain and investment,” he told reporters. At the meeting, delegates also debated the latest domestic investment policy approaches to improving the investment climate. Australia proposed exchange of experience related to foreign investment with a particular focus on engagement with internal (business, Government, and wider community) and external (investors, foreign governments) stake holders. The country shared its experience in developing a whole-of-government community strategy. Japan talked about its review of multi-year plans for infrastructure development and investment. Other issues on infrastructure investment, investment facilitation action plan, investment policy dialogue, and public private partnership were discussed at the meeting. Thai Thu Phuong, IEG Vice Chair, said the meeting is a good chance for Vietnam to learn from other members, especially about issues relating to public-private partnership and investor – state dispute settlement management. Asked how Vietnam can attract more investment, Berdichevsky said: “For economies looking to attract…... [read more]

In the afternoon of March 1st, the Department of Planning and Investment held a preliminary review on developing and implementing the "one door, modern inter-one-stop" project. After one year implementing the scheme, 10 officials from departments and 9 officials from the People's Committees of districts, town and city in the province have been connecting focal points; with one procedure in the planning-field issued and modified, 4 investing and bidding-procedures modified, increasing the total number of procedures under the settling competence in the departments up to 151. In addition, as part of the the project, modern equipment was invested into 100% relevant departments, agencies and districts, town and city to help the system of "one-stop, inter-one-stop" with civilized, polite and more professional manner, ensuring a close coordination among the specialized offices of the Department of Planning and Investment and related agencies. The total expenditure for this project was more than VND 1.5 billion. As a result, the administrative procedure settling has initially reduced the number of late records, increased the profiles resolved before appointment, for example, decreasing 39 profiles in the business-registering field, 33% of the profiles in the domestic-investment-policy field, and 3% of the profiles in the foreign-investment-evaluation field ... In 2013, the Department of Planning and Investment pilots to settle administrative procedures with level-3 online-public-services, especially in the business-registering field. The Department also focuses on remuneration for civil servants in the tasks of receiving and returning results; organizing to well-implement the coordination regulation under the Decision No.2 of the…... [read more]

VietNamNet Bridge – Working groups and sub-committees of the Asia-Pacific Economic Cooperation (APEC) will continue discussions on issues of their charge in Ho Chi Minh City on August 21 as part of the third APEC Senior Officials’ Meeting (SOM 3). A workshop in the third APEC Senior Officials’ Meeting (Photo: VNA) There will be meetings of the Health Working Group, the Emergency Preparedness Group, the Investment Experts’ Group and the Market Access Group.  Besides, officials from APEC member countries will talk matters regarding the automotive and chemical sectors, customs procedures, standards and conformance, life sciences innovation, anti-corruption, electronic commerce, and illegal logging.  The SOM 3 and related meetings brought together around 2,600 delegates from 21 APEC member economies. Slated to last until the end of the month, the event features 75 meetings, seminars, and dialogues involving four committees and dozens of working groups of the APEC. In the Mekong Delta city of Can Tho, apart from meetings on policy partnership on food security, ocean and fisheries, the Food Security Week will feature an exhibition on agriculture and advanced agro-production technologies on August 21. APEC is the Asia Pacific region’s premier economic forum. The primary goal is to support sustainable economic growth and prosperity in the region. It aims to build a dynamic, sustainable and harmonious Asia-Pacific community by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment. APEC initiatives turn policy goals into…... [read more]

HCM City, August 21 (VNA) – Working groups and sub-committees of the Asia-Pacific Economic Cooperation (APEC) will continue discussions on issues of their charge in Ho Chi Minh City on August 21 as part of the third APEC Senior Officials’ Meeting (SOM 3).  There will be meetings of the Health Working Group, the Emergency Preparedness Group, the Investment Experts’ Group and the Market Access Group.  Besides, officials from APEC member countries will talk matters regarding the automotive and chemical sectors, customs procedures, standards and conformance, life sciences innovation, anti-corruption, electronic commerce, and illegal logging.  The SOM 3 and related meetings brought together around 2,600 delegates from 21 APEC member economies.  Slated to last until the end of the month, the event features 75 meetings, seminars, and dialogues involving four committees and dozens of working groups of the APEC.  In the Mekong Delta city of Can Tho, apart from meetings on policy partnership on food security, ocean and fisheries, the Food Security Week will feature an exhibition on agriculture and advanced agro-production technologies on August 21.  APEC is the Asia Pacific region’s premier economic forum. The primary goal is to support sustainable economic growth and prosperity in the region.  It aims to build a dynamic, sustainable and harmonious Asia-Pacific community by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment. APEC initiatives turn policy goals into…... [read more]

There will be meetings of the Health Working Group, the Emergency Preparedness Group, the Investment Experts’ Group and the Market Access Group. Besides, officials from APEC member countries will talk matters regarding the automotive and chemical sectors, customs procedures, standards and conformance, life sciences innovation, anti-corruption, electronic commerce, and illegal logging.  At the event The SOM 3 and related meetings brought together around 2,600 delegates from 21 APEC member economies. Slated to last until the end of the month, the event features 75 meetings, seminars, and dialogues involving four committees and dozens of working groups of the APEC. In the Mekong Delta city of Can Tho, apart from meetings on policy partnership on food security, ocean and fisheries, the Food Security Week will feature an exhibition on agriculture and advanced agro-production technologies on August 21. APEC is the Asia Pacific region’s premier economic forum. The primary goal is to support sustainable economic growth and prosperity in the region. It aims to build a dynamic, sustainable and harmonious Asia-Pacific community by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment. APEC initiatives turn policy goals into concrete results and agreements into tangible benefits. Source: VNA... [read more]

NDO/VNA – Working groups and sub-committees of the Asia-Pacific Economic Cooperation (APEC) will continue discussions on issues of their charge in Ho Chi Minh City on August 21 as part of the third APEC Senior Officials’ Meeting (SOM 3). There will be meetings of the Health Working Group, the Emergency Preparedness Group, the Investment Experts’ Group and the Market Access Group. Officials from APEC member countries will talk on matters regarding the automotive and chemical sectors, customs procedures, standards and conformance, life sciences innovation, anti-corruption, electronic commerce, and illegal logging. The SOM 3 and related meetings brought together around 2,600 delegates from 21 APEC member economies. Scheduled to last until the end of the month, the event features 75 meetings, seminars, and dialogues involving four committees and dozens of working groups of the APEC. In the Mekong Delta city of Can Tho, apart from meetings concerning policy partnership on food security, ocean and fisheries, the Food Security Week will feature an exhibition on agriculture and advanced agro-production technologies on August 21. APEC is the Asia Pacific region’s premier economic forum. The primary goal is to support sustainable economic growth and prosperity in the region. It aims to build a dynamic, sustainable and harmonious Asia-Pacific community by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment. APEC initiatives turn policy goals into concrete results and agreements into tangible benefits.... [read more]

NDO/VNA – Working groups and sub-committees of the Asia-Pacific Economic Cooperation (APEC) will continue discussions on issues of their charge in Ho Chi Minh City on August 21 as part of the third APEC Senior Officials’ Meeting (SOM 3). There will be meetings of the Health Working Group, the Emergency Preparedness Group, the Investment Experts’ Group and the Market Access Group. Officials from APEC member countries will talk on matters regarding the automotive and chemical sectors, customs procedures, standards and conformance, life sciences innovation, anti-corruption, electronic commerce, and illegal logging. The SOM 3 and related meetings brought together around 2,600 delegates from 21 APEC member economies. Scheduled to last until the end of the month, the event features 75 meetings, seminars, and dialogues involving four committees and dozens of working groups of the APEC. In the Mekong Delta city of Can Tho, apart from meetings concerning policy partnership on food security, ocean and fisheries, the Food Security Week will feature an exhibition on agriculture and advanced agro-production technologies on August 21. APEC is the Asia Pacific region’s premier economic forum. The primary goal is to support sustainable economic growth and prosperity in the region. It aims to build a dynamic, sustainable and harmonious Asia-Pacific community by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment. APEC initiatives turn policy goals into concrete results and agreements into tangible benefits.... [read more]

Speaking to reporters prior to SOM I, Deputy Prime Minister Vu Khoan said the National Committee for APEC 2006 asked ministries, sectors and localities to make thorough preparations to make SOM I a success. During the first working day of SOM I, a series of meetings and seminars were held, including a meeting of the Sub Committee on Standards and Conformance (SCSC), a dialogue of the Joint Advisory Committee for Mutual Recognition Arrangement on Conformity Assessment for Electrical and Electronic Equipment (JAC EEMRA), a meeting of the Investment Experts’ Group (IEG), the Life Sciences Innovation Forum (LSIF), a dialogue the of Electronic Commerce Steering Group (ECSF) and a symposium on Information Privacy Protection in E-Government and E-commerce. These conferences will run until March 2 before the SOM 1 conference officially opens. Many forums immediately obtained good results. The Life Sciences Innovation Forum reached a consensus on measures to implement seven key issues, particularly co-operation in combating infectious diseases such as bird flu, trafficking and the production of fake medicine. Members of the Sub Committee on Standards and Conformance (SCSC) discussed measures to streamline the customs procedures of APEC economies. One solution agreed to by APEC members was the implementation of non-paper commerce for developed members in 2005 and for developing members by 2010. At the symposium on Information Privacy Protection in E-Government and E-commerce, participants shared experiences in building action plans for APEC-member economies to realise a common privacy policy and legal framework, as well as technical support, which were…... [read more]




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