President: Vietnam offers businesses stability, security and opportunities for sustainable success

According to a special correspondent of the Vietnam News Agency, on the afternoon of October 30, during his participation in the Asia-Pacific Economic Cooperation (APEC) 2025 Summit Week in Gyeongju city, the Republic of Korea, President Luong Cuong delivered an important speech at the APEC 2025 Business Summit.

President Luong Cuong speaks at the APEC CEO Summit 2025. Photo: Lam Khanh/VNA

President Luong Cuong, along with the US President, Chinese President, Philippine President, Chilean President, New Zealand Prime Minister , Thai Prime Minister, Canadian Prime Minister, and Crown Prince of Abu Dhabi (United Arab Emirates - UAE), are the honored guests of this year's Conference.

With the theme "Bridge - Enterprise - Reaching Out", this year's Conference includes more than 20 discussion sessions, focusing on issues of particular interest to the business community such as: the world economic situation, challenges and opportunities in the face of fluctuations in the international geopolitical environment, digital transformation, tax policy and multilateral trade system, infrastructure and ecosystem for artificial intelligence development, cultural industries, global currency and financial markets, energy security, opportunities for nuclear energy and liquefied gas development, supply chains, public-private partnerships.

Speaking at the conference, President Luong Cuong shared his views on lessons from industrial revolutions; the responsibility of Asia-Pacific towards the world; the role of the APEC business community; Vietnam's development path in the new era; and opportunities for cooperation with Vietnam.

The President emphasized that the world is entering the fourth industrial revolution with the fundamental difference being the outstanding breakthroughs of artificial intelligence at an unprecedented speed, with profound and global impacts. From the lessons of previous industrial revolutions, it is important to ensure that from the beginning, this industrial revolution is led by the spirit of cooperation, creating opportunities for all economies to participate, contribute and promote their capabilities.

The President also called on the APEC business community to work with governments to deploy responsible AI, promote open AI, and ensure inclusive AI.

The President affirmed that, in the face of profound changes, instability and uncertainty that the world is experiencing, Asia-Pacific has the capacity and responsibility to play a key role in ensuring global security and economic stability, promoting new growth drivers in science, technology and digital transformation.

To do this, the President said that APEC economies need to overcome differences, together find solutions to narrow differences, increase commonalities so that Asia-Pacific continues to be a region of peace, stability, dialogue and cooperation; a region of economic integration and linkage; a region of cooperation, knowledge sharing, technology transfer and a responsible community.

The success that Asia-Pacific has achieved to date is built on the foundation of deep economic integration, trade and investment liberalization, a stable and transparent business environment, pioneering science and technology, and belief in the power of solidarity and cooperation. These are the core values ​​that we need to nurture and promote so that Asia-Pacific continues to be the locomotive of world economic development.

Sharing about Vietnam's development path in the new era, the President emphasized that after nearly 40 years of implementing the Doi Moi process, Vietnam has achieved important and historic achievements, creating a solid foundation for the country's breakthrough development to enter a new era with the world. That is an increasingly perfect system of institutions and policies according to international standards; a dynamic and deeply integrated economy; a stable political and social system; and a network of international partners covering all five continents.

The President affirmed that these achievements were thanks to the correct policies, the hands, minds and tireless working spirit of all the people, and the valuable support and cooperation of international friends.

However, according to the President, Vietnam is well aware that, to achieve continuous double-digit growth, towards the goal of becoming a high-income developed country by 2045, there needs to be stronger and more drastic breakthroughs to break down all barriers, remove all bottlenecks, open up and maximize the resources and intelligence of all socio-economic sectors and transform the country's development model.

In addition to promoting three strategic breakthroughs in institutions, infrastructure and human resources, the President said that Vietnam is implementing a series of major reforms in law-making and enforcement, science and technology development, innovation and digital transformation; private economic development; improving and upgrading infrastructure, especially the energy system; investing in people through education and health. Along with that, Vietnam continues to promote deep international integration on the basis of internal strength playing a decisive role, increasing internal strength while taking advantage of external strength, shifting from a "participating" mindset to "proactively contributing".

The President also introduced Vietnam's outstanding achievements in science and technology development, innovation, digital transformation and highlighted potential cooperation opportunities that partners can carry out with Vietnam in areas such as artificial intelligence, digital technology, energy, biotechnology, and smart cities.

The President emphasized that in a world full of instability, uncertainty, turmoil and disruption, Vietnam offers businesses stability, safety and opportunities for sustainable success. Accompanying Vietnam, businesses will have a safe and stable political and social environment; a favorable and transparent investment and business environment; a large market of more than 100 million people; a dynamic, strongly growing and globally connected economy; a young, abundant and well-trained workforce; and an increasingly complete and synchronous infrastructure system.

The President’s speech received enthusiastic response and support from the Conference. Delegates highly appreciated Vietnam’s comprehensive and balanced viewpoint on the 4.0 industrial revolution, the important role of Asia-Pacific in the new era and especially the very practical proposals on APEC’s development orientation and public-private cooperation in building a responsible, open and inclusive artificial intelligence ecosystem.

Enterprises expressed their deep impression of the drastic, strong and breakthrough steps that Vietnam is taking to achieve the goal of becoming a high-income developed country by 2045; believed in Vietnam's success and were excited about new cooperation opportunities with Vietnam in this process.

Source: https://baotintuc.vn/thoi-su/chu-tich-nuoc-viet-nam-mang-den-cho-cac-doanh-nghiep-su-on-dinh-an-toan-va-co-hoi-thanh-cong-ben-vung-20251030175038055.htm