Themed ‘Promoting growth through international cooperation and sustainable development in the Asia Pacific region’, the biennial event brought together policymakers, industry experts, and high-profile speakers to engage in critical discussions shaping the future of finance and business in the Asia Pacific region.
In her speech, Chief Executive of ACCA Helen Brand said that, following the COVID-19 pandemic, the global market is experiencing many unpredictable developments, with many newly arising concerns related to safety, security, and social security.
In this context, the goal of sustainable development becomes even more important, and Asia-Pacific is a transit region with an important position on the global economic map, playing a central role, with the potential to become a driving force for the global economy in the coming time and also act as a bridge and a link between established powers and rapidly emerging players.
She hailed ACCA Asia Pacific Dialogue 2024 as a landmark event giving participants a unique and powerful platform to exchange knowledge and foster regional collaboration.
"By uniting leaders from across the region, this event aims to spark thought-provoking conversations and cultivate valuable networking opportunities that will help to shape the future of economic growth and the accounting and finance profession across Asia Pacific,’ she stated.
For his part, Deputy Minister of Finance Vo Thanh Hung affirmed that finance, accounting, and auditing are important pillars that shape and promote the economic development of each country and region.
He stressed that building a solid foundation for economic co-operation and sustainable development requires consensus and common efforts from countries in the region.
He noted that in the current context, co-operation in research and development of innovative financial solutions will help solve common challenges that countries in the region face and promote sustainable economic development.
"Therefore, I believe that promoting co-operation between countries in the fields of finance, accounting, and auditing not only improves financial management efficiency, shares resources and promotes high quality human resource training, but also creates favourable conditions for sustainable economic development," he stated.
He emphasised the need to complete the legal framework and improve human resource capacity in accounting and auditing on the basis of international practices is an essential requirement in the economic integration and development process of each country.
It is necessary to develop training programmes that meet international standards and practical needs of the labour market, ensuring that practising accountants and auditors are equipped with the necessary professional knowledge and practical skills.
At the same time, it is necessary to encourage co-operation between training institutions, businesses, and international organisations such that they can share experiences and learn advanced training methods.
Pulkit Abrol, ACCA Asia Pacific Director, said that the ACCA Asia Pacific Dialogue provides an unparalleled opportunity for the business and finance community in our region to come together, share knowledge, and explore innovative solutions to contemporary challenges.
"By facilitating these crucial discussions, we aim to empower professionals to drive positive change, enhance sustainability, and embrace digital transformation, ultimately contributing to the growth of the Asia Pacific economy," he noted.
Discussions at the two-day dialogue will focus on various topics such as policy innovations to drive economic resilience, regional trade and collaboration, building human capital, and power networking.
Discussions will also cover digital innovation, quality assurance, and the sustainable and ethnical use of generative AI in education.
