WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Hanoinews
Hanoi to host ASEAN Business and Investment Summit 2020 in November
Ngoc Thuy 15:15, 2020/07/22
The summit targets to contribute to the sustainable development of ASEAN and help the region overcome difficulties caused by the current Covid-19 crisis.

The ASEAN Business and Investment Summit (ASEAN ABIS) 2020, the much-anticipated event for ASEAN business community with theme “Digital ASEAN: Sustainability and Inclusiveness”, is scheduled to take place in Hanoi on November 13 – 14, 2020.

 Overview of the press conference. Photo: Ngoc Thuy. 

The event is set to attract senior leaders from 10 ASEAN member states as well as those from eight Dialogue Partners including Japan, China, the US, South Korea, India, and Australia.

“This year is full of challenges for the global business community, including those in ASEAN and Vietnam. During the Covid-19 pandemic, enterprises’ priorities should be inclusive and towards sustainable development, which could be achieved via globalization and digitalization for greater competitiveness, linkage and integration,” said Vu Tien Loc, chairman of the Vietnam Chamber of Commerce and Industry (VCCI) and ASEAN ABIS 2020, at a press conference on July 22.

By taking advantage of the Industry 4.0, ASEAN ABIS 2020 targets to contribute to the sustainable development of ASEAN and help the region overcome difficulties of the current Covid-19 crisis.

For this year, ASEAN ABIS 2020 would focus on six topics, including ASEAN’s economic outlook; Technologies and Future Jobs in ASEAN; Innovative Agriculture; Green growth through Good Governance; Logistics and Smart City; and Innovative ASEAN and digital startups.

Notably, the event would be held after the conclusion of the Vietnam Business Summit (VBS) 2020 on July 12, Vietnam’s largest annual trade and investment promotion event with theme “Digitalized Vietnam: Adaptability towards Sustainable development”.

According to Loc, as both ASEAN BIS 2020 and VBS 2020 focus on sustainable development and digital transformation, these events would serve as an important platform for enterprises to look for business opportunities and grasp new development trends.

ASEAN Business Award

In addition to the ASEAN BIS 2020, Vietnam is set to be the stage of the ASEAN Business Award (ABA) 2020, designed to honor ASEAN businesses with outstanding contributions to the region’s prosperity.

Chairman of BRG Group and ABA 2020 Nguyen Thi Nga said while enterprises are suffering tremendously from the Covid-19 pain, this is also the opportunity for them to show their characters in overcoming hardship.

ABA 2020 would take place at a unique time to honor the best enterprises of the region, Nga said.

ASEAN network of digital startups - Digital STARS 2020

Legacy projects are for ASEAN Business Advisory Council (ASEAN BAC) to realize priorities of the regional business community.

Following a focus on the Industry 4.0 organized by ASEAN BAC Thailand in 2019, ASEAN BAC 2020, themed “Digital ASEAN for sustainable development” would focus on the importance of digital economy for socio development.

To realize this project, VCCI in cooperation with Vietnam Post and Telecommunication Group (VNPT) initiates a legacy project titled “ASEAN network of digital startups – Digital STARS 2020”, aiming to form a network of digital startups among ASEAN countries and promote digitalization, especially in micro, small and medium enterprises (MSMEs), the main driving force in ASEAN.

Pham Dinh Doan, chairman of Phu Thai group and ASEAN Digital STARTS Legacy Project, said the Covid-19 pandemic is pushing enterprises, especially MSMEs, to accelerate the digitalization process to survive and adapt to the post-Covid-19 period.

“Supporting MSMEs during this process would help bring equality for vulnerable groups, including women, the poor or for young businesses, among others,” Doan added.

RELATED NEWS
TAG: ASEAN Vietnam covid-19 coronavirus nCoV pandemic China United States Japan South Korea ASEAN ABIS 2020 ASEAN BAC Legacy project digitalization startups VCCI
Other news
23:10, 2024/12/22
Vietnam Defense Expo 2024 secures $286.3 million in deals
Vietnam presented advanced defense technologies and fostered global partnerships.
23:08, 2024/12/22
Hanoi holds grand ceremony for 80th anniversary of Vietnam People's Army
Districts in Hanoi have held grand ceremonies to recount the history of the army's founding, battles, victories and decisive role in national construction and defense.
11:54, 2024/12/22
Hanoi recognizes outstanding enterprises in 2024
Hanoi's business community has served as a driving force for the economy and contributed to policy-making for socio-economic development and global integration.
20:57, 2024/12/21
Thanh Cong Communal House listed as municipal historical site
The communal house is dedicated to Doan Thuong Dai Vuong and Princess Thu La, revered figures who made significant contributions to the people and nation.
20:34, 2024/12/21
Hanoi holds requiem for martyrs and victims of 1972 B-52 bombing massacre
The people of Hanoi will forever honor the brave souls who sacrificed their youth, blood and lives for the nation’s independence, freedom, and unity.
15:56, 2024/12/21
End-December Hanoi shopping festival to boost market
The festival is part of Hanoi Promotion Month 2024, which stimulates consumer demand and supports business sales.