President: Innovation is the cause of the entire people and society

On the morning of November 1, the second session of the 32nd Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting took place in Gyeongju city, South Korea. President Luong Cuong led the Vietnamese delegation to attend the meeting.

With the theme “Preparing for a Future-Ready Asia- Pacific ”, the conference affirmed the determination of APEC economies to build a self-reliant region, ready to face challenges, with sustainable economic growth and bringing benefits to all people.

The second session of the APEC summit. Photo: VNA

In the context of the world and the region facing many fluctuations, with opportunities and challenges intertwined, the leaders emphasized the key role of APEC as the leading regional economic integration forum and an incubator and place to test innovative and breakthrough ideas.

APEC leaders pledged to continue promoting regional economic connectivity; enhancing connectivity in all three aspects of infrastructure - institutions - people-to-people exchanges; supporting the development of small and medium-sized enterprises; promoting trade facilitation efforts, measures to enhance transparency and paperless trade...

The conference agreed that achievements in science and technology and the application of artificial intelligence must aim to serve humanity. Leaders encouraged economies to voluntarily share information on appropriate digital and information technology policies to accelerate regional economic cooperation; build a safe, reliable and accessible artificial intelligence ecosystem; invest in and develop energy-saving and environmentally friendly intelligence infrastructure.

Photo: VNA

The conference reaffirmed the commitment to implementing the APEC Roadmap on Digital Economy and Internet; enhancing members' capacity to participate in the digital transformation process through cooperation, training and capacity building; promoting cooperation to narrow the digital gap, ensuring that all people have access to and enjoy the benefits of digital transformation.

As the region faces demographic changes, leaders called for a collective, comprehensive, intergenerational approach to jobs, education, health and public finance to overcome challenges and unlock opportunities to promote development and growth in the Asia-Pacific region.

Speaking at the conference, President Luong Cuong said the world is changing rapidly due to remarkable advances in science and technology, along with profound changes in culture, society and the environment, requiring APEC economies to proactively adapt and strengthen cooperation.

The President proposed five major cooperation orientations for APEC. Accordingly, APEC members need to form a common strategic vision on developing an innovation ecosystem and promoting a pioneering role in digital economic governance and artificial intelligence, especially building necessary standards and rules to ensure a balance between the development motivation of enterprises and the legitimate rights of people and social progress as well as equal opportunities among economies.

President Luong Cuong attends the second session of the APEC summit. Photo: VNA

APEC also needs to focus on building synchronous, sustainable infrastructure and a safe, reliable digital ecosystem for digital economic development in the region.

The President said there needs to be mutual trust - trust in cooperation to build a dynamic, modern, safe, happy and prosperous future for all people in the Asia-Pacific region.

Sharing Vietnam's viewpoint, the President emphasized that science, technology, innovation and digital transformation are the foundation for a new development stage associated with rapid and sustainable growth.

The President affirmed that “innovation is the cause of all people and the whole society, requiring the participation of all levels, all sectors, business communities of all economic sectors and all people”.

President Luong Cuong and APEC economic leaders pose for a group photo. Photo: VNA

APEC members congratulated the Republic of Korea on successfully hosting the 32nd APEC Summit and APEC Year 2025, and congratulated China on taking on the role of host of APEC Year 2026. Photo: VNA

At the end of the conference, APEC leaders adopted the Gyeongju Declaration, affirming their strong commitment to jointly promoting new growth drivers, promoting the forum's potential and strengths, towards the goal of building an open, dynamic, self-reliant and peaceful Asia-Pacific community for the prosperity of all people and future generations.

The leaders also agreed to adopt the APEC Artificial Intelligence Initiative and the APEC Cooperation Framework on Demographic Change to promote cooperation in the face of new development trends in the region and the world.

Source: https://vietnamnet.vn/chu-tich-nuoc-doi-moi-sang-tao-la-su-nghiep-cua-toan-dan-toan-xa-hoi-2458470.html