ASEAN in need of enterprises’ proactiveness, creativity: Deputy PM

Permanent Deputy Prime Minister Pham Binh Minh attends the ASEAN Business and Investment Summit 2021, held via videoconference on October 25 (Photo: VNA)

Hanoi – Permanent Deputy Prime Minister Pham Binh Minh attended the virtual ASEAN Business and Investment Summit 2021 (ASEAN BIS) on October 25, saying that ASEAN is now in need of enterprises’ proactiveness and creativity to adapt to the new normal.

In his remarks, the Deputy PM underlined that the pandemic control and economic recovery are dependent on not only endeavours by a single government or country but also joint efforts by all the 10 ASEAN members as well as partners.

He reaffirmed the importance of the Consolidated Strategy on the Fourth Industrial Revolution for ASEAN and the acceleration of the Strategic and Holistic Initiative to Link ASEAN Responses to Emergencies and Disasters (ASEAN SHIELD), proposed by Brunei - Chair of the bloc in 2021.

Vietnam is ready to cooperate in enhancing the digital infrastructure connectivity, ensuring a digital ecosystem for all parties towards uniform and sustainable digital development in the region, and accompanying enterprises of ASEAN and partner countries to create the best possible conditions in terms of policies and the business environment so that they can optimise and maximise business and investment chances in Vietnam and regional countries, Minh stated.

The Vietnamese Government will strive to help enterprises conduct digital transformation, boost digital universalisation, and create conditions for promoting investment in high technology towards green growth, he added.

The Deputy PM expressed his hope that the business community will continue joining hands with ASEAN governments to defeat the pandemic and support economic recovery since ASEAN is now in need of their dynamism, proactiveness, and creativity to adapt to the new normal, create jobs, ensure a stable life for people, and produce new values for society and the community.

The ASEAN BIS is held annually by the ASEAN Business Advisory Council in conjunction with the bloc’s summits. It provides an occasion for the public and private sectors, and representatives of governments and industries in and outside ASEAN to meet one another. It is also a platform for connecting and promoting initiatives on ASEAN economic cooperation and integration.