The event, which was part of the 2014 National Trade Promotion Pgoramme, was attended by leading economists, representatives from businesses and agencies, and ambassadors of Oman, Indonesia, Poland, Slovakia, and Nigeria.

Participants spoke highly of businesses’ role in achieving a rapid sustainable economic growth. Thua Thien Hue province should help local businesses utilize advantages and effectively integrate into the global economy.

They exchanged opinions on world economy forecasts in 2014-2015 and issues related to the integration process.

The diplomats focused their discussions on infrastructure development, support industries and tourism, as well as measures to create close links among businesses.

Officials from Thua Thien Hue province also took the opportunity to introduce incentive policies and voice support for investors.

Vice Chairman of the provincial People’s Committee, Phan Ngoc Tho said his province ranked second among 63 provinces and cities across the country in terms of the provincial competitiveness index (PCI) last year.

The province’s GDP rose by 7.57% in the first quarter of this year despite low purchasing power. It is expected to record a 9% economic growth rate in 2014 and generate jobs for 16,000 workers.