The article asserts that the APEC 2017 Economic Leaders’ Week in Da Nang was a success, adding that Vietnam made great efforts to safeguard the event by deploying 2,800 security officers.
All APEC member economies, including Indonesia, were in favour of Vietnam’s APEC theme and initiatives on economic integration, it said.
It noted that the Vietnamese economy is thriving, with exports recording continuous growth. The country has attracted a large amount of foreign capital thanks to its commitments to free trade, globalization, and economic reform.
The paper said Vietnam is undergoing a transformation from an agricultural country to an export-oriented economy, and a country of industrialisation and modernisation. The nation’s progress in poverty alleviation has been shown in the poverty rate reduction from 58.1% in 1993 to 7% in 2015.
The article concludes that Vietnam is an emerging global investor and a ‘new star’ in Asia.
