With this year's theme of "Optimising Human Potential Towards a Resilient Future of Shared Prosperity" the 27th APEC Economic Leaders' Meeting focuses on three main items: Adoption of the vision for APEC post-2020, improvement of trade and investment; inclusive economic development via technology-based and digital economy models.
Ministers from 15 countries spanning the Asia-Pacific region on November 15 signed the Regional Comprehensive Economic Partnership (RCEP) Agreement after eight years of talks. The agreement is expected to create the world’s largest free trade area and numerous new supply chains, and make significant contributions to regional economic recovery post COVID-19.
RCEP is the Association of Southeast Asian Nations (ASEAN)’s biggest free trade pact to date, covering a market of 2.2 billion people with a combined size of 26.2 trillion USD or 30 percent of the world’s GDP.
From September 20 to October 28, the municipal and provincial Party Congresses nationwide wrapped up with 63 secretaries of municipal, provincial Party Committees being elected for the 2020-2025 tenure.
The 13th session of the 12th Party Central Committee opened in Hanoi on October 5 under the chair of Party General Secretary and President Nguyen Phu Trong. During the session, the committee discusses important issues.