VCCI Undertakes ASEAN-BAC Presidency 2010

8:21:53 AM | 1/22/2010

Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), Doan Duy Khuong, has officially taken over chairmanship of the ASEAN Business Advisory Council (ASEAN BAC) from incumbent chairman Arin Jira.
 
Speaking at a press briefing in Hanoi on Jan. 19, Khuong said during this tenure, the ASEAN BAC will focus on issues related to the private sector, especially gathering opinions and proposals from enterprises.
 
The opinions will be used as inputs for the BAC to suggest recommendations at a dialogue session between ASEAN heads of states and ASEAN BAC members and at a consultative meeting with ASEAN Economic Ministers.
 
These recommendations are very important for the foundation of an ASEAN Economic Community by 2015, for which a series of economic agreements have been signed and numerous action plans, including the ASEAN Charter Khuong said.
 
Assuming the ASEAN BAC chairmanship this year Vietnam will host the 7th ASEAN Business and Investment Summit (ASEAN BIS 2010), which is considered as a part of activities on the sidelines of the 16th ASEAN Summit.
 
Vietnam will also chair the ASEAN Business Award, a prestigious competition which will attract the participation of hundreds of leading businesses in ASEAN.
 
The VCCI will continue to take over chairmanship of the ASEAN Chamber of Commerce and Industry (ASEAN CCI).
 
VCCI’s Chairman Vu Tien Loc, who now chairs the ASEAN CCI, said Vietnam will work to boost cooperation between the ASEAN CCI with governments of member states and continue implementing economic cooperation projects to turn ASEAN into an economic community by 2015.
 
Vietnam will carry out projects and activities including ASEAN Industrial Projects (AIPs), the ASEAN Brand to Brand Complementation program (BBC), the ASEAN Industrial Complementation program (AIC), the Preferential Tax Agreement (PTA) and the ASEAN Free Trade Agreement (AFTA). (VoV)