Prime Minister attends ASEAN Business and Investment Summit 2023

On the afternoon of September 4, Prime Minister Pham Minh Chinh attended and delivered an important speech at the 2023 ASEAN Business and Investment Summit (ASEAN BIS).

Prime Minister Pham Minh Chinh speaks at ASEAN BIS 2023. Photo: VNA

This is the first event in a series of activities of the Prime Minister when coming to Indonesia to attend the 43rd ASEAN Summit and related summits.

Speaking here, Prime Minister Pham Minh Chinh emphasized that ASEAN faces the mission of affirming itself as "a pole in a multipolar world", as the center of cooperation as well as regional structure, and ASEAN is fully capable of undertaking that mission.

In order for ASEAN to continue to promote its role and position and take advantage of and seize opportunities from the current world order, Prime Minister Pham Minh Chinh pointed out:

ASEAN needs to consolidate and strengthen internal solidarity, maintain ASEAN's common principles, stances and views; and maintain strategic balance in relations between ASEAN and its partners.

ASEAN needs to maintain its long-term commitment to open markets, promote trade and investment; always open the door to investors, creative ideas and talents. Continue to strongly promote free trade agreements, regional and global economic integration.

ASEAN needs to deepen regional integration to better exploit each other's strengths to seize opportunities in the new global economy, especially new growth drivers: digital transformation, green transformation, circular economy, and sharing economy.

Prime Minister Pham Minh Chinh and delegates attending the conference. Photo: VNA

Do not sacrifice equity, social progress and environmental protection for the sake of mere economic growth.

Uphold the people-centered approach in the process of building the ASEAN community, taking people as the center, subject, goal and driving force of development.

To further promote the role of enterprises in promoting growth and creating new breakthroughs for ASEAN, the Prime Minister said that the Government and enterprises need to cooperate more closely and effectively, and in fact need to work together to perfect institutions through standardizing and harmonizing investment and business regulations in ASEAN, simplifying procedures through digital transformation; encouraging and respecting the voice of enterprises to promptly remove newly arising obstacles.

Join hands to develop strategic infrastructure, including hard infrastructure for transportation, energy and smart infrastructure including digital platforms, innovation centers, etc. In particular, it is necessary to strengthen infrastructure connectivity between countries, create interconnectivity for the entire region, and focus on the public-private partnership model to promote the strength and resources of the state and enterprises.

Together, we will build high-quality human resources, especially in the fields of digital transformation, green transformation, and high technology, with common standards for training, assessment, and mutual recognition between qualification systems. This is the key to improving labor productivity and competitiveness of our region.

The above issues need to be coordinated at all three levels: Between Government and Government to harmonize policies, between enterprises and enterprises to synchronize implementation, between Government and enterprises to strengthen public-private partnerships, trust and consensus in policy planning and implementation.

Prime Minister Pham Minh Chinh affirmed that as a reliable partner and an active and responsible member, Vietnam will continue to closely coordinate with Indonesia and other ASEAN countries to strive to build a united, united, self-reliant and developed ASEAN, contributing to maintaining an environment of peace, stability, cooperation and common development in the region and the world.

Laodong.vn