Hai Phong City, a rising economic hub in Northern Vietnam, is set to host the 3rd Meeting of the APEC Business Advisory Council (ABAC III) and a series of high-level business events from July 15–18, 2025.
This milestone event will welcome approximately 250 international and Vietnamese delegates, including senior executives from global corporations, trade and investment promotion agencies, and business leaders from the 21 APEC member economies.
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The gathering serves as a critical step in Vietnam’s roadmap to assume the role of APEC and ABAC Chair in 2027.
A Strategic Gateway for Engagement and Investment
According to Mr. Pham Tan Cong, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) and Chairman of ABAC Vietnam, the meeting presents a unique opportunity for Vietnamese enterprises to engage directly with regional economic leaders, discuss development strategies, and propose policy recommendations on trade liberalization, investment facilitation, digital transformation, and sustainable growth.
“This year’s ABAC theme, Bridge. Business. Beyond., embodies the spirit of connection and forward-looking cooperation. Vietnam aims to play a pivotal role as a bridge between APEC economies in this process,” Mr. Cong emphasized.
Hai Phong – Poised to Host the Region’s Business Elite
Hai Phong has completed all logistical, security, and communications preparations to host the ABAC meeting. More than just an international forum, the event also serves as a prime opportunity to showcase Hai Phong’s strategic potential to global and domestic investors.
As part of the broader program, several investment and diplomatic promotion activities are planned. The highlight will be the Hai Phong Trade and Investment Promotion Conference on the afternoon of July 15, held at the Hai Phong Conference and Performing Arts Center, with an expected attendance of 700 distinguished guests.
An accompanying exhibition on Hai Phong’s economic achievements and flagship products will be held at the Pullman Hotel from July 15 to 18, featuring key sectors such as industrial manufacturing, high-tech agriculture, logistics, port services, and tourism.
Shaping Policy Recommendations for APEC Leaders
ABAC III is one of four major annual meetings of the APEC Business Advisory Council. The outcomes and policy recommendations discussed during this session will be submitted to APEC Leaders for consideration at the 2025 APEC Summit.
Following the Hai Phong meeting, ABAC IV and the APEC CEO Summit 2025 are scheduled to take place in South Korea in October, ahead of the APEC Economic Leaders’ Meeting.
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Source: Vietnam Insider