ASEAN BAC 2024 Members Discuss Key Topics at the 101st ASEAN BAC Meeting (Photo: Truong Dang)

The meeting saw the participation of ASEAN BAC members from various countries, as well as leaders from major business associations and trade promotion organizations across Southeast Asia and globally.

During the event, chaired by the President of ASEAN BAC 2024 and Co-Chair of ASEAN BAC Laos, Mr. Oudet Souvannavong, leaders discussed several crucial issues for the year, including the ASEAN Business and Investment Summit (ASEAN BIS), the ASEAN Business Awards (ABA), ASEAN BAC Heritage Projects, reports to ASEAN Leaders and ASEAN Economic Ministers, and plans for ASEAN BAC 2025.

ASEAN BAC Vietnam Chairman, VCCI Vice Chairman Nguyen Quang Vinh (in white shirt) Spoke at the Conference (Photo: Truong Dang)

Nguyen Quang Vinh, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) and Chairman of ASEAN BAC Vietnam, praised the content of the discussions, emphasizing that the ASEAN BAC report reflects significant efforts to advance regional economic development through strategic solutions and cooperative initiatives. Mr. Vinh also affirmed that the activities of ASEAN BAC 2024 are not only significant for the future of the regional economy but also align with Vietnam's priorities for sustainable and inclusive growth.

On the same day, ASEAN BAC also held the 24th Meeting of the Joint Business Council (JBC 24), aimed at enhancing cooperation between ASEAN and international partners. The meeting included ASEAN BAC and representatives from business communities in Australia, Canada, China, the EU, India, Japan, New Zealand, Russia, the UK, and the US. The meeting focused on issues of interest to the business community, such as trade and investment, digital transformation, green economy and sustainable energy, and supply chain connectivity.

On the same day, the 24th Meeting of the Joint Business Council (JBC 24) was also held, with the participation of international partners (Photo: Truong Dang)

VCCI Vice Chariman Nguyen Quang Vinh noted that through ASEAN BAC 101 and JBC 24, Vietnam has numerous opportunities to contribute to regional economic cooperation, while also enabling Vietnamese businesses to gain deeper access to the ASEAN economy.

In particular, during the meeting, the ASEAN BAC Chairs had a session with the Prime Minister of Vietnam to report on the Council’s main activities and invite the Prime Minister to attend and speak at the ASEAN Business and Investment Summit (ASEAN BIS) 2024, scheduled for October in Vientiane, Laos.

The agenda for the ASEAN BIS 2024 is expected to include several significant events, such as the ASEAN Business Awards (ABA) 2024 and a dialogue between ASEAN leaders and ASEAN BAC members. Vice Chairman Nguyen Quang Vinh hopes that the active participation of the Vietnamese business community in these activities will not only enhance their regional standing but also create opportunities for sustainable cooperation and development in the future.