The meeting, to be hosted by Vietnam and chaired by Vietnam Chamber of commerce and Industry (VCCI) and ABAC Vietnam, is set to take place from July 26-29, 2022 in Ha Long City, Quang Ninh. Vietnam's hosting of this gathering in the context that the global economy is struggling to recover from the Covid-19 pandemic is of particular significance and appreciated by the international community. With this event, Vietnam affirms its ability to control the pandemic, proves its stability and highlights its sustainable economic growth. Thus, this event helps Vietnam draw foreign investment flows into Vietnam more effectively.

Mr. Pham Tan Cong, President of VCCI, President of ABAC Vietnam, said, the Third ABAC Meeting is expected to bring together nearly 200 delegates either online or in person, including official ABAC members, alternate ABAC members, senior APEC officials, ABAC guests, researchers and speakers.

“Among delegates to Vietnam, many are leaders of large corporations such as NEC, Marubeni, UPS, Acer and leaders of major trade and investment promotion agencies in the region. Vietnamese President Nguyen Xuan Phuc is a special guest and he will address the opening session on July 27,” he said.

The hosting of the Third ABAC Meeting will help promote Vietnam's priorities in realizing its goals of economic recovery and sustainable growth” and will be a chance for Vietnam to show up itself as a bright international investment destination in the new normality with secure, open and attractive investment policies; effectively control the pandemic; and show its active international integration. At the same time, this event will also help enhance Vietnam's position in ABAC in particular and APEC in general.

VCCI President Pham Tan Cong affirmed that Third ABAC Meeting is of great economic and commercial significance to the business community in the region. The topics are of special interest to the regional business community, toward economic recovery and growth, regionally and globally. In particular, this meeting is an important chance for ABAC to make a business recommendation report to Finance Ministers, Trade Ministers, Central Bank Governors, and ABAC's Annual Report to APEC Leaders. In addition, this session will prepare contents for the Dialogue between APEC Leaders and ABAC, which will take place at the APEC Economic Leaders’ Week 2022 in November 2022 in Thailand.

During the event in Quang Ninh, VCCI will cooperate with Quang Ninh Provincial People's Committee to organize two important activities. The first is Quang Ninh Investment Promotion Conference aimed to promote the business investment environment and cooperation opportunities. The second is the Eastern Expressway Economic Connection Forum, aiming to link four localities along the highway from Hanoi to Mong Cai Border Gate, namely Hung Yen, Hai Duong, Hai Phong and Quang Ninh.

the Third ABAC Meeting is hosted by VCCI and ABAC Vietnam, jointly organized by Quang Ninh Provincial People’s Committee, ABAC International Secretariat, ABAC Thailand (ABAC 2022 Chairmanship) and two ABAC Vietnam member companies - Sovico Group and Saigon Invest Group.