APEC 2017: RoK expert lauds Vietnam’s role in global integration

Vietnam is a proactive member economy with a line-up of initiatives and significant contributions to regional and global cooperation mechanisms like the World Trade Organisation (WTO), APEC and ASEAN.

President Tran Dai Quang attends the rehearsal of activities in APEC Economic Leaders' Week (Photo: VNA)

President Tran Dai Quang attends the rehearsal of activities in APEC Economic Leaders' Week (Photo: VNA)

The comment came from Park Tae-kyun, Research Professor at Department of Food Engineering under Korea University, the Republic of Korea (RoK).
In an interview with Seoul-based Vietnam News Agency correspondents, Park, who is also chairman of the Korea Food Communication Forum under the Ministry of Agriculture, Food and Rural Affairs, spoke highly of Vietnam’s initiatives to promote sustainable, innovative and inclusive growth towards economy, finance and society.
The initiatives together with the country’s leading role in the APEC 2017 will serve as a catalyst for APEC to achieve the Bogor Goals 2020 and become an effective economic and trade cooperation mechanism in the context of increasing protectionism worldwide, he noticed.
The RoK professor said that this was the second time in 11 years that Vietnam was chosen to host the APEC events, showing that Vietnam and its economic achievements have been appraised internationally. He said with experience and meticulous preparations, Vietnam will successfully organise the event.
Park expressed his impression on the radical changes of the Vietnamese economy in the past years, showing his upbeat that the country will continue to experience sustainable development thanks to the Government’s sound economic reforms.
Regarding Vietnam-RoK bilateral relations, Park said that since the signing of the free trade agreement in 2015, the two countries have become large economic partners of each other with escalating trade revenue through years.
Vietnam is a potential market with numerous opportunities to be offered to foreign investors in general and Korean ones in particular, he said.


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