President Luong Cuong receives Secretary General of the International Chamber of Commerce John Denton

President Luong Cuong received Secretary General of the International Chamber of Commerce John Denton.

At the reception, expressing his honor to meet President Luong Cuong, ICC Secretary General John Denton said he always admired Vietnam's economic development journey as well as the goals and solutions that Vietnam has set in its development journey.

Congratulating the Vietnamese Government for taking many practical steps to care about business activities, especially the establishment of international financial centers in Ho Chi Minh City and Da Nang, creating conditions for businesses to develop, ICC Secretary General John Denton affirmed his readiness to cooperate and help Vietnam on the path of development, especially participating in the process of supporting Vietnamese businesses to reach out to the world in the context of Vietnam being the host country of APEC in 2027.

Sharing with the President, Secretary General John Denton said that ICC is present in 170 countries and has mobilized investment and business capital of more than 17.5 trillion USD and will continue to promote the process of development, including the global development project for businesses and hopes to have the active participation of Vietnamese businesses. The project has been introduced and implemented by ICC in ASEAN and expanded to APEC, and will soon be brought to G20 and hopes that in that journey there will be coordination and cooperation from Vietnamese businesses. The project is outside the usual activities of the WTO and focuses on facilitating goods, finance, supporting small and medium enterprises, and digitalizing the economy to best support businesses.

Secretary General John Denton emphasized that ICC always wishes to be a friend and partner accompanying the development of Vietnamese enterprises; participating in APEC activities in 2027 hosted by Vietnam.

Appreciating the Secretary General's comments and expressing satisfaction with the relationship between ICC and the Vietnam Chamber of Commerce and Industry (VCCI), President Luong Cuong affirmed that Vietnam always attaches importance to the cooperative relationship with ICC - the largest global business organization.

The President also highly appreciated the role of ICC in building international trade standards, liberalizing trade and investment, and strengthening the multilateral trade system; and was pleased to know that ICC has maintained close cooperation with VCCI and the Vietnamese business community in supporting the improvement of the business environment, promoting trade facilitation, and enhancing integration capacity for small and medium-sized enterprises.

The President said that in the face of current global trade challenges, Vietnam is implementing many adaptive solutions such as: Diversifying markets, developing supporting industries, making the most of new-generation free trade agreements; Reforming institutions, simplifying administrative procedures, improving the investment and business environment; Promoting digital transformation and green transformation to increase the resilience of the economy.

In that process, the President asked ICC to continue to accompany and support businesses to help Vietnamese small and medium-sized enterprises improve their integration capacity and participate more deeply in the global value chain, through sharing ICC's tools, standards and practical experiences.

Welcoming the ICC's desire to turn determination and goodwill into reality, the President stressed that Vietnam is ready to be an active and proactive partner with the ICC in regional and global initiatives, contributing to promoting an open, fair, and sustainable international trade system for peace, prosperity, and opportunities for all.

Xuan Ky

Source: https://nhandan.vn/chu-tich-nuoc-luong-cuong-tiep-tong-thu-ky-phong-thuong-mai-quoc-te-john-denton-post919169.html