President Luong Cuong Delivers Keynote Address at APEC 2025 Business Summit – Photo: TTXVN
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According to the Government News, on the afternoon of October 30th, during the APEC 2025 High-Level Week in South Korea, President Luong Cuong delivered a significant speech at the APEC 2025 Business Summit.
President Luong Cuong joined esteemed leaders such as the President of the United States, the President of China, the Presidents of the Philippines and Chile, the Prime Ministers of New Zealand, Thailand, and Canada, and the Crown Prince of Abu Dhabi as distinguished guests at this year’s summit.
Under the theme “Connecting Businesses, Reaching Farther,” the summit featured over 20 sessions discussing critical issues including the global economy, digital transformation, tax policies, multilateral trade, AI, cultural industries, global finance, energy security, nuclear energy, liquefied natural gas, supply chains, and public-private partnerships.
Advancing Responsible, Open, and Inclusive AI
As reported by the Ministry of Foreign Affairs, President Luong Cuong shared insights on industrial revolutions, the Asia-Pacific region’s global responsibilities, the role of the APEC business community, Vietnam’s development path in the new era, and opportunities for collaboration with Vietnam.
The President emphasized that the world is entering the Fourth Industrial Revolution, marked by unprecedented AI advancements at an unparalleled pace.
Lessons from previous industrial revolutions highlight the importance of ensuring that this revolution is guided by cooperation from the outset, creating opportunities for all economies to participate, contribute, and thrive.
President Luong Cuong called on the APEC business community to collaborate with governments in deploying responsible AI and promoting open and inclusive AI initiatives.
Amid profound global shifts, the Asia-Pacific region has the capability and responsibility to play a pivotal role in ensuring global economic security and stability, fostering new growth drivers in science, technology, and digital transformation.
APEC economies must bridge divides, enhance common ground, and ensure the Asia-Pacific remains a region of peace, stability, dialogue, cooperation, economic integration, knowledge sharing, technology transfer, and shared responsibility.
The region’s success is built on economic integration, free trade and investment, transparent business environments, technological leadership, and a spirit of cooperation—core values essential for maintaining its role as a global economic leader.
Vietnam Offers Sustainable Success Opportunities
The President highlighted that after nearly 40 years of Renovation, Vietnam has achieved significant milestones. Its institutions and policies align with international standards, its economy is dynamic and deeply integrated, its political and social landscape is stable, and its international partnerships span the globe.
 APEC 2025 Business Summit – Photo: TTXVN
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These achievements are the result of sound policies, the hard work and ingenuity of its people, and international support and cooperation.
To achieve consistent double-digit growth and become a high-income developed nation by 2045, Vietnam recognizes the need for bold breakthroughs, maximizing resources, harnessing societal intelligence, and transforming its development model.
Alongside advancing three strategic breakthroughs—institutional reform, infrastructure development, and human resource enhancement—Vietnam is implementing major reforms in legal frameworks, science and technology innovation, digital transformation, private sector growth, infrastructure upgrades, and investments in education and healthcare.
Additionally, Vietnam continues to deepen international integration, leveraging internal strengths while attracting external resources, shifting from a “participant” to an “active contributor” mindset.
The President also highlighted promising cooperation opportunities with Vietnam in areas such as AI, energy, biotechnology, and smart cities.
In an era of global uncertainty, Vietnam offers businesses stability, security, and sustainable success opportunities.
Partnering with Vietnam provides access to a safe and stable sociopolitical environment, a transparent and favorable business climate, a market of over 100 million people, a dynamic and rapidly growing economy, a young and skilled workforce, and an increasingly integrated infrastructure network.
– 09:00 31/10/2025
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