Vietnam
Vietnam helds APEC Finance and Central Bank Deputies’ Meeting
The APEC Finance and Central Bank Deputies’ Meeting (FCBDM) yesterday kicked off in Nha Trang City, south central coastal Khanh Hoa Province.
In his opening speech, Vietnamese Deputy Minister of Finance Tran Xuan Ha said under the theme “Creating New Dynamism, Fostering a Shared Future”, APEC Year 2017’s priorities will focus on such issues as promoting sustainable, innovative and inclusive growth; boosting regional economic connectivity, enhancing competitiveness and innovation of micro-, small- and medium-sized enterprises, increasing food security and sustainable agriculture in response to climate change.
He added that the meeting will discuss regional and global economic prospects and identify common opportunities and challenges to seek practical and effective measures to mitigate risks and pursue sustainable development.
Following consultations, Ha said, the APEC member economies suggested deliberating long-term investment in infrastructure, finance and natural disaster risk insurance, base erosion and profit shifting, and financial inclusion, to report to the Finance Ministers’ Meeting in October this year.
Vietnam Customs suggested the APEC economies connect the single-window mechanism, increase sharing information about and experience in fighting smuggling and trade fraud, thereby helping customs agencies facilitate trade and ensure trade security in regional supply chains. In APEC, the issue of customs connectivity has just been tabled for discussion, and it is still a long way in realising it.
