Business roundtable starts OECD-SE Asia forum

This marked the start of a series of activities within the framework of the OECD – Southeast Asia Ministerial Forum 2023 that is taking place in Hanoi from October 26-27.

The roundtable and dialogue saw the attendance of representatives from agencies, experts, scholars, and businesses from the OECD and the Southeast Asian region.

Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong said that attracting sustainable investment is an important goal that has a great influence on the development of countries, including those in Southeast Asia.

He said the business roundtable and the dialogue provide an important opportunity for policymakers and OECD and Southeast Asian businesses to exchange ideas and identify and shape trends

Former Chairman of the Business and Industry Advisory Council (BIAC) to the OECD and Chair of OECD – Southeast Asia Business Network Phil O'Reilly reaffirmed that the OECD business community is committed to continuing to strengthen cooperation with Southeast Asia, especially in the field of investment for sustainable development.

Participants recommended measures to turn potential into opportunities and to promote investment cooperation between the two sides.

At the event, the ASEAN Business Advisory Council (ASEAN-BAC) and BIAC signed a Memorandum of Understanding for cooperation that creates a framework for strengthening connectivity and improving the operational efficiency of the OECD - Southeast Asia Business Network, towards sustainable and inclusive economic development.