BEGIC - On the evening of November 24, at the Provincial Exhibition and Convention Center, the whole meeting of Horasis Economic Cooperation Forum 2019 with the theme "Asia in the transition process" was held.
As to the attending staff, there were Mr. Tran Van Nam - Member of the Central Committee of the Party, the Provincial Committee Secretary, Head of the Provincial National Assembly Delegation; Mr. Tran Thanh Liem - Deputy Province Committee secretary, Chairman of the Provincial People's Committee; Mr. Mai Hung Dung - Permanent Vice Chairman of the Provincial People's Committee; Dr. Frank Jurgen Richter - Chairman of the Horasis Forum; leaders of Becamex IDC Corporation, VSIP Group and leaders of departments, branches and provinces; domestic and international businesses
Provicial leaders attended the Plenary
International guests attended the Plenary
At the meeting, experts from India, Singapore, South Korea and Vietnam shared Asian development issues during the Fourth Industrial Revolution together; The opportunities and challenges are posed to each country when the free trade agreements are signed. At the same time, solutions are proposed to promote the entrepreneurship and innovation.
Experts had a discussion about Asian issues in transition
According to experts, the free trade agreements are bringing practical benefits to countries, contributing to economic growth of Asia. The tendency to protectioni and free-trade trends always go together with each other. The signed agreements will bring about benefits for the countries participating in the agreement. Additionally, experts also said that the ongoing US-China tension issue will create a shift of investment, and Asia will be selected by the US big corporations. However, the trend of digitization and integration is always on the increase, creating opportunities with which not all countries can take advantage of and share. Among the key factors, infrastructure is the key factor in the economic development, attracting investments; Besides, the quick access to technology trends also contributes to the economy development.
According to experts' assessment, the key to making Asia succeeed is to open the door to the international economic integration, necessarily strengthen the cooperation, and take advantage of all conditions to help the business environment better. In addition, it is also necessary to have the sustainable development, skills and capacity to grasp development trends; persistence, perseverance, flexibility to help countries adapt quickly to the economy market, which is an important strategy of each country.
The world is at a turning point and Asia is no exception in the general context of geopolitical and geopolitical fluctuations. How Asia can get the best out of this context to consolidate and accelerate the sustainable growth and how Asian economies and companies can take full advantage of the opportunities arising from the non-stop changes in the era of instability can also be discussed by experts at the Plenary.