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Tuesday, February 25 2020
Tiếng Việt
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Date 30/03/2018-15:56:00 PM
GMS business outlook and new economic drivers
(MPI) – Under the framework of the sixth Greater Mekong Subregion Summit (GMS 6) and the and the 10th Cambodia-Laos-Viet Nam Development Triangle Summit (CLV 10,) which were held from March 29 to March 31, 2018 at Hanoi, on March 30, 2018, the GMS Business Council Open Session was held with the theme “GMS business outlook and new economic drivers”. The Minister of Planning and Investment Nguyen Chi Dung attended and had a speech at the meeting.
At the meeting: TTXVN

Participated in the Meeting, there were the representatives from GMS nations (Cambodia, China, Laos, Myanmar, Thailand and Vietnam) and the leaders of international organizations, financial institutions, such as: Asian Development Bank, World Bank, Asian Infrastructure Investment Bank, ASEAN, along with other representatives from development partners, localities and enterprises of GMS nations and outside the region

Speaking at the meeting, Minister Nguyen Chi Dung emphasized that GMS enterprises community had grown and grown stronger and had asserted an important role as well as a big contribution in implementing, realizing the policies of the GMS Cooperation Programme. To achieve this results, the GMS Business Council had a well performing on connecting, coordinating activities and initiatives for private sector development. Along with that, the GMS enterprises had a mechanism to connect, create a business community to share, cooperate in the Programme’s common activities. Because of that, we must acknowledge and deeply evaluate development and growth opportunities, create a greater attraction in the eyes of the investors, the development partners of GMS economy.

The Minister expressed his wish that the enterprises in GMS block would share development vision and exchange connection opportunities in the future. Through that, together, we would boost the cooperation and head toward a common development goal for the whole region, perform effectively the committed Action Programmes and Agreements.

Minister of Planning and Investment Nguyen Chi Dung (3r from the left)and delegates attending the meeting: TTXVN

The Mekong subregion countries community is facing very promising development opportunities. This is the market of more than 340 million people, with many similarities in culture, languages, and customs. At the same time, this is a very promising market with the young, cornucopian labor force, abundant tropical natural resources, various strengths in agricultural products, with a strategic position of connecting Southeast Asia - Northeast Asia - South Asia regions.

The Mekong subregion countries had also positively deployed regional transport infrastructure development projects, connected to sustainably exploit the electric energy, trained and developed human resources, promoted agriculture trade and investment, etc. And from that, created an area with a tight and sustainable link, headed toward the comprehensive and lasting cooperation values. With the tight and effective structure, the GMS cooperation will play an increasingly decisive role in the development of each country in the area.

The responsibilities of the enterprises in the GMS community are to create new values to contribute to the growth of not only one country but also the others in the area. GMS enterprises needed to continue cooperating, connecting to each other, especially between the big, small and medium-sized enterprises to take advantage of existing opportunities, to complement, support each other for mutual development, to create enterprise group with competitive advantage, to enter the markets and global value chains step by step.

On behalf of a government agency, Minister Nguyen Chi Dung asserted the support, facilitation of Vietnamese Government in particular and the Governments of GMS nations in general to the GMS enterprise community and to the programmes, activities of the GMS Business Council that are soon to be deployed in the coming time. At the same time, he expressed the belief that the GMS business community will become stronger and stronger and will always assert the leading part, implement the connecting, cooperating activities in the GMS block. The GMS Business Council programmes will be more and more attractive, practical, create the intimate bond among the GMS nations’ enterprises, between enterprises and Governments and bring the great and prominent impacts to the GMS Business Community particularly and the socio-economic development of GMS generally./.

Hien Nguyen
Ministry of Planning and Investment

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