APEC promotes SMEs’ integration into global value chains in logistics

The four-session workshop looked into the PA as a building block of the FTAAP; the PA and its ties within the Pacific region; and contributions of the PA to the APEC in terms of micro, small and medium-sized enterprises, trade facilitation and services. Speaking with Vietnam News Agency reporters, Pyzhikov Nikita, a delegate from Russia, said the FTAAP must be a standard and transparent agreement. Participants at the workshop discussing the free Trade Area of the Asia-Pacific (FTAAP) and cooperation in trade facilitation between the Pacific Alliance (PA) and APEC member economies  “To ensure that the agreement will be transparent, we should work together in establishing a framework of this agreement,” he said, underlining the need to organize more similar events to clarify the role of each party in the realization of the FTAAP. Tang Guoquiang, International Co-Chair of the Pacific Economic Cooperation Chair, said the FTAAP plays an important role in economic development, trade and investment facilitation in Asia-Pacific, which has been affirmed in many research studies and reports. Lauding Vietnam’s rapid economic growth rate, he said Vietnam is a good example in the Asia-Pacific region. Vietnam can bring into full play its role in building the FTAAP and the country can benefit from the area, he said. As an economic community of four Latin American countries, including Chile, Colombia, Peru and Mexico, the PA has been working since 2011 to deepen the integration of these economies and to…... [read more]

Delegates speak during the break of the APEC Economic Committee’s Friends of the Chair on Strengthening Economic and Legal Infrastructure (SELI) meeting. — VNS Photo Bo Xuan Hiep Strengthening economic and legal infrastructure can bring significant benefits to APEC-member economies through economic growth and improvements in living standards, experts said at a meeting held on Friday in HCM City. International delegates took part in the APEC Economic Committee’s Friends of the Chair on Strengthening Economic and Legal Infrastructure (SELI) meeting at the third Senior Officials Meeting (SOM 3) now being held in the city. Representatives from international organisations, including the UN’s Commission on International Trade Law, the World Bank and International Institute for the Integration of Investment Law, also attended the event. SELI serves as a network of focal points for legal advisors and officials to exchange information on economic and legal infrastructure relevant to economic developments, including sharing of their laws and practices in relevant fields. One of the major issues discussed at the meeting was the possibility of establishing an APEC co-operation framework on online dispute resolution for transactions related to micro-, small- and medium-sized enterprises (SMEs). Speaking on the sidelines of the meeting, Dr Jams Ding, meeting chair and principal government counsel of the International Law Division at the Department of Justice in Hong Kong, said: “We regularly organise discussions and workshops and conduct studies to help member economies improve their economic legal infrastructure to meet international standards.” …... [read more]

HCM City, August 25 (VNA) – The APEC Economic Committee (EC) convened its second plenary meeting and the fifth meeting of the Friends of the Chair (FotC) on August 25, discussing the making of regulations and policies to boost development in APEC member economies.  The events were part of the third APEC Senior Officials’ Meeting (SOM 3) and related meetings in Ho Chi Minh City.  At the second plenary meeting on August 25-26, the EC is set to consider a draft report on APEC’s economic policy on human resources development and structural reform. It will mull over the outcomes of competition assessment conducted by the Organisation for Economic Cooperation and Development (OECD) and the APEC Competition Policy and Law Group.  The committee will also look into preparations for a high-level structural reform officials’ meeting.  At the FotC’s fifth meeting, delegates exchanged views on APEC economies’ cooperation prospects and policies on investment in economic finance in the region. They were also updated on APEC’s structure and cooperation in online dispute settlement.  They discussed issues relating to the building of economic legal frameworks to help APEC members meet international standards of legal frameworks. Participants also looked into the efficiency of existing economic institutions and drew lessons for APEC member economies in building economic law. VNA/VNP ... [read more]

The APEC economies should innovate technologies in agricultural production in order to ensure food and nutrition security, the Deputy PM said at the High-Level Policy Dialogue on Enhancing Food Security and Sustainable Agriculture in Response to Climate Change in the Mekong Delta city of Can Tho on August 25. Differences in production ability, human resources and high-tech remain barriers to regional development, requiring the APEC members to step up their cooperation and seek the best measures to reach sustainable and green agriculture, he said. Deputy PM Dung highlighted the need to intensify scientific and technological research and transfer in agriculture, forestry and fishery sectors to increase productivity as well as product quality, while promoting technological applications in agricultural management. At the event  The APEC members should enhance cooperation in researching food and nutrition security, and reducing food losses, he stressed. The Deputy PM proposed facilitating the development of an equal consumption market on the basis of multi-lateral trade principles and agreements, considering trade activities as an important factor to promote sustainable agriculture towards food and nutrition security. Along with exchanging information about sustainable management of natural resources, including cross-border water resources, it is necessary for the economies to boost rural-urban development with stronger connection to remote areas. The role of the community and the business circle should be brought into full play through the public-private partnership (PPP) model in investment in infrastructure, transport, telecommunications and internet, particularly in disadvantaged…... [read more]

VietNamNet Bridge – Disaster recovery in APEC economies is as important as disaster preparation and response, the co-chair of the APEC Emergency Preparedness Working Group (EPWG), Le Quang Tuan, said yesterday. Delegates from 21 APEC-member economies and non-APEC organisations met at the 12th meeting of the APEC Emergency Preparedness Working Group (EPWG) on Monday (August 21) in HCM City. – VNS Photo During the 12th meeting of the working group, more than 100 delegates from 21 APEC-member economies and non-APEC organisations exchanged information about coping with natural disasters. The meeting was held in HCM City within the framework of the third Senior Officials Meeting (SOM 3). Though Viet Nam has experience in coping with natural disasters, it lacks experience in providing support to affected areas after disasters, according to Tuan. “This meeting provides a great chance for Viet Nam to learn from other countries,” he added. Members of the working group discussed potential disaster-recovery projects that APEC-member economies could benefit from in the future. “Viet Nam has been collaborating with Japan, the US, Chinese Taipei, Philippines and Malaysia on a ‘build back better’ project,” Tuan said, adding that Chinese Taipei has proposed a ‘Plant Back Better’, an initiative to help affected vegetable plantations after disasters. A handbook on best practices to cope with natural disasters has been compiled by Viet Nam and Japan with several other member economies, and will be completed by the end of this year, according to Tuan. Also speaking at the meeting, Tran Quang Hoai, director…... [read more]

Delegates discuss on the reform of the investment climate in APEC member economies at the Investment Experts’ Group (IEG) meeting held in HCM City on Monday. — VNA/VNS Photo Phuong Hoa Promoting trade and investment and reforming the investment climate in APEC member economies were discussed at the Investment Experts’ Group (IEG) meeting held in HCM City on Monday as part of the ongoing third APEC Senior Officials’ Meeting and related meetings. The two-day meeting held under the aegis of the Committee of Trade and Investment saw officials from 21 APEC members and experts from international organizations take part. “One of the big topics is of course the examination of the next generation’s trade investment issues, which is something that APEC members identify as the issue for the future, and we are going to look at them from the investment perspective,” IEG convener Maxim Berdichevsky, said. He told Viet Nam News: “It’s bringing consistency and harmonisation to the investment regime within APEC, and I think it’s part of what we are discussing here. They have to respond to domestic priorities, but we want to make it easy for investors to move their capital within the region to optimise the supply chain and investment.” At the meeting, participants focused on how to improve the investment climate in the Asia-Pacific region and discussed the latest domestic investment policy approaches to improving the investment climate. Australia proposed sharing experiences related to foreign investment with…... [read more]

HCM City, August 22 (VNA) – Vietnam will work harder to raise public awareness of e-filing system in intellectual property (IP) registration, which has been put into place earlier this year by the National Office of Intellectual Property of Vietnam (NOIP), said Le Ngoc Lam, NOIP deputy head.  The system benefits both file submitters and IP agencies, Lam told Vietnam News Agency reporters on the sidelines of the 45th meeting of the Intellectual Property Experts Group (IPEG) in Ho Chi Minh City on August 22.  To intensify the e-filing system, it is necessary to ensure smooth procedures and IP agencies should make thorough preparations in order to deal with piles of dossiers, the official noted.  This is also one of the two initiatives presented by Vietnam at the IPEG meeting, together with the country’s joining of The Hague Agreement Concerning the International Registration of Industrial Designs in the coming time, Lam said.  The agreement could be useful for Vietnamese enterprises which want to register for IP rights in other countries, the official said, noting that Vietnam is making all-out efforts to ensure that the country can engage in the document without having to amend relevant domestic laws.  Since some articles of Vietnam’s Law on Intellectual Property, which has been put into operation for ten years, have not matched The Hague Agreement, Vietnam needs to raise their own voice in this regard.  Developing an e-environment which should be strong enough to accelerate Vietnam’s participation…... [read more]

An overview of the 45th meeting of the Intellectual Property Experts Group (Source: VNA) HCM City (VNA) – Vietnam will work harder to raise public awareness of e-filing system in intellectual property (IP) registration, which has been put into place earlier this year by the National Office of Intellectual Property of Vietnam (NOIP), said Le Ngoc Lam, NOIP deputy head. The system benefits both file submitters and IP agencies, Lam told Vietnam News Agency reporters on the sidelines of the 45th meeting of the Intellectual Property Experts Group (IPEG) in Ho Chi Minh City on August 22. To intensify the e-filing system, it is necessary to ensure smooth procedures and IP agencies should make thorough preparations in order to deal with piles of dossiers, the official noted. This is also one of the two initiatives presented by Vietnam at the IPEG meeting, together with the country’s joining of The Hague Agreement Concerning the International Registration of Industrial Designs in the coming time, Lam said. The agreement could be useful for Vietnamese enterprises which want to register for IP rights in other countries, the official said, noting that Vietnam is making all-out efforts to ensure that the country can engage in the document without having to amend relevant domestic laws. Since some articles of Vietnam’s Law on Intellectual Property, which has been put into operation for ten years, have not matched The Hague Agreement, Vietnam needs to raise their own voice…... [read more]

At the exhibition (Photo: VNA)   Can Tho (VNA) - Six APEC member economies are displaying agricultural products and advanced agri-production technologies required to address food security and sustainably develop agriculture at an exhibition that opened in Can Tho city on August 21.  Besides Vietnam, the other economies joining the exhibition are Japan, Australia, the US, China and Taiwan. Speaking at the event, Vietnamese Deputy Minister of Agriculture and Rural Development Le Quoc Doanh said the exhibition showcases technologies for sustainably increasing agricultural productivity and incomes, adapt to climate change and reduce emissions of greenhouse gases. [APEC 2017: workshop talks sustainable food system] It also focuses on the relationship between food security and climate change, sustainable natural resources management, sustainable rural–urban development, facilitation of investment in agriculture and food, and harmonisation of food safety standards and food-loss control, he said. Vietnam has set up 8 of the 18 booths at the event to exhibit drought- and salinity-resistant rice and other crop strains besides other agricultural products from the Mekong Delta. Dao Anh Dung, Vice Chairman of the Can Tho city People’s Committee, said the exhibition is an opportunity for APEC economies to discuss and seek solutions for sustainable agricultural development. Koichi Yamada, a visitor from Japan, praised the quality of the organic products and model shrimp farms initiated by Can Tho University in the delta. Nancy Sun, an exhibitor from China, said that 95 companies worldwide had purchased her soy food products,…... [read more]

NDO – An exhibition on food products and new agricultural technologies in the Asia-Pacific Economic Cooperation (APEC) forum has officially opened in the Mekong Delta province of Can Tho on August 21. The event was held as part of activities during the APEC 2017 Food Security Week and a High-Level Policy Dialogue on Enhancing Food Security and Sustainable Agriculture in Response to Climate Change. The exhibition features 18 booths with a wide range of special agricultural products from six APEC economies, such as green tea (Japan), cereals (Australia) and milk (the US). Vietnam had eight booths featuring products from rice to corn, high-yielding fruits, models of machines and equipment serving for agricultural production along with information on intelligent technologies responding to climate change which are currently being used in Vietnam. Speaking at the opening ceremony, Vice Chairman of the Can Tho city People’s Committee Dao Anh Dung said that the exhibition offers an opportunity for APEC member economies to exchange and share their experience as well as enhance cooperation to promote the sci-tech applications in agricultural production, increasing agricultural productivity and meeting requirements for food and nutritional security. He also emphasised that over the recent years, many programmes and projects have been implemented in the Mekong River Delta region to help farmers sustainably produce and synchronously apply technical solutions which will increase the productivity and quality of agricultural products thus improving the income of farmers and to assist in coping with climate change. On the same day, the Vietnamese Ministry…... [read more]




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