Vietnam Heads APEC Business Advisory Council

With Vietnam named host of Asia-Pacific Economic Cooperation (APEC) Summit 2006, Vietnam Chamber of Commerce and Industry assumes the position of APEC Business Advisory Council (ABAC) on Monday. The council has given top priority to working towards a successful conclusion to the Doha Development Agenda, trade facilitation and liberalization in 2006.

Vietnamese members in ABAC have suggested projects aimed to support Vietnam in integration like providing assistance for small and medium-sized enterprises to access capital sources and markets.

Also high on the ABAC’s working agenda this year is a business forum in Vietnam expected to attract some 700 businesses from APEC members.

Special guests will include US President George W. Bush, Chinese President Hu Jintao and Japanese Prime Minister Junichiro Koizumi.

VCCI intended to invite Microsoft chairman Bill Gates to Vietnam on the occasion, said VCCI vice chairman Hoang Tuan Dung - chairman of the Vietnamese delegation at ABAC.

Vu Viet Ngoan – general director of the Bank for Foreign Trade of Vietnam (Vietcombank) and Le Quoc An – chairman of Vietnam Textile and Garment Association are also part of the Vietnamese delegation.

ABAC comprises of up to three members of the private sector from each economy who are appointed by their respective leaders.

Reported by Xuan Danh - Translated by T.H.
Story from Thanh Nien News
Published: 09 January, 2006, 21:04:37 (GMT+7)
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