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The idea of APEC was first mentioned publicly in the speech of Australian Prime Minister Bob Hawke in Seoul, South Korea on January 31, 1989. Ten months later, 12 Asian economies – The Pacific met in Australia, Australia to form APEC. Its founding members include Australia, Brunei, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand and the United States.

APEC was born with 12 member economies. Through four expansions in 1991,1993, 1994 and 1998, APEC now comprises 21 member economies, representing 39% of the world population, 57% of GDP and 47% of global trade (2014).

As the host country for the Asia-Pacific Economic Cooperation (APEC) forum in 2017, Vietnam can gain many political and economic benefits.

According to the Ministry of Industry and Trade, APEC 2017 promises to open opportunities to enhance Vietnam’s position in the international arena, promote the relationship between Vietnam and its bilateral partners, and a good opportunity for businesses Vietnam looking for business partners.

The APEC 2017 is considered to have a positive impact on Vietnamese businesses in general and the Genuine Partner Group  in particular, in order to interact with relevant authorities, influence on institutions and policies. as to learn experiences, promote images and build business partnerships with more developed partners in the region.

-My Duyen –