ASEAN increases intra- and extra-bloc investment

10:00 AM @ Monday - 27 September, 2010
The ASEAN Business and Investment Summit (ASEAN-BIS) will take place inHanoi from October 26-28 on the them of “Toward ASEAN Community: FromVision to Action”.

The event is expected to draw between 800 and1000 delegates, including government officials, policy makers,economists, business leaders, from ASEAN countries and others around theworld.

ASEAN-BIS is an activity on the sidelines of the ASEANSummit and will be organised by the ASEAN Business Advisory Council(ASEAN-BAC), ASEAN-BAC Chairman Doan Duy Khuong said at a press briefingin Hanoi on September 27.

The event aims to build ASEANinto an open, dynamic and prosperous community and is a dialogue forumfor the public and private sectors to propose measures on facilitatingand promoting ASEAN economic initiatives, he added.

Within theASEAN-BIS framework, a series of dialogues with the region’s strategicpartners, such as Australia , New Zealand , China , India , Japan ,the Republic of Korea and Russia , will be held for the first timeunder Vietnam ’s initiative.

The dialogues mark an importantperiod in the process of maintaining and promoting long-term,sustainable cooperation between ASEAN and the strategic partners, Khuongsaid.

In addition, the summit will hold the 2010 ASEAN BusinessAward to honour businesses making contributions to the region’s economicdevelopment.

Launching in Bali , Indonesia , in 2003, theannual ASEAN-BIS has become one of the most prestigious and effectiveforum in the region and a venue for sharing useful information forregional and international enterprises./.

(Source: en.vietnamplus.vn)

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