President: Vietnam brings stability and opportunities for sustainable success

On the afternoon of October 30, during his participation in the Asia-Pacific Economic Cooperation (APEC) 2025 Summit Week in Gyeongju City, South Korea, President Luong Cuong delivered an important speech at the APEC 2025 Business Summit.

Together we find solutions to narrow differences and increase commonalities.

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.

President Luong Cuong attends APEC 2025 Business Summit

PHOTO: VNA

The President emphasized that the world is entering the 4.0 industrial revolution with the fundamental difference being the outstanding breakthroughs of artificial intelligence at unprecedented speed, with profound and global impact.

Drawing on lessons from previous industrial revolutions, it is important to ensure that this industrial revolution is led from the start by a spirit of cooperation, creating opportunities for all economies to participate, contribute and develop their capabilities. The President also called on the APEC business community to work together with governments to deploy AI responsibly, 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, APEC economies need to overcome differences, find solutions to narrow differences, and 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 is enjoying 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.

Shift from "participation" to "proactive contribution" mindset

Sharing about Vietnam's development path in the new era, President Luong Cuong emphasized that after nearly 40 years of implementing the renovation 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.

President Luong Cuong speaks at the APEC 2025 Business Summit

PHOTO: VNA

However, Vietnam is well aware that, to achieve continuous double-digit growth towards the goal of becoming a high-income developed country by 2045, stronger and more drastic breakthroughs are needed 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, Vietnam is implementing a series of major reforms in innovation in law-making and enforcement, science and technology development, innovation and digital transformation; private economic development; improving and upgrading infrastructure, especially the energy system; and investing in people through education and healthcare.

Along with that, Vietnam continues to promote deep international integration on the basis of domestic strength playing a decisive role, increasing internal strength while taking advantage of external strength, shifting from the mindset of "participation" to "proactive contribution".

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.

Source: https://thanhnien.vn/chu-tich-nuoc-viet-nam-mang-den-on-dinh-va-co-hoi-thanh-cong-ben-vung-185251030194045792.htm