Practice SVIP

The Asia-Pacific Economic Cooperation (APEC) is an intergovernmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.

APEC started in 1989 in response to the growing interdependence of Asia-Pacific economies. It aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and a significant global influence. Currently, APEC has 21 members. The criterion for membership is that each member must be an independent economy. As a result, APEC uses the term “member economies” rather than “member countries” to refer to its members.

Viet Nam became an official member of APEC on November 15th, 1998, raising the forum's membership to 21. This was a significant milestone during the implementation of Viet Nam's open foreign policy. The APEC region is critical to the country's security and development as it gathers 15 of the 30 strategic and comprehensive partners which are leading economic and trade partners of Viet Nam. During the 23 years of its APEC membership, Viet Nam has made active contributions to the forum, thereby helping to promote regional peace, stability, cooperation, and economic connectivity.

During the COVID-19 pandemic, Viet Nam is currently one of the members taking the lead in boosting APEC's commitment to the cooperation in sharing vaccines and ensuring equal and effective distribution of and access to vaccines at a reasonable cost. It has also been appealing to other members to voluntarily transfer vaccine production technology so as to step up vaccine production and supply towards immunity.

The Asia-Pacific Economic Cooperation (APEC) is an intergovernmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.

APEC started in 1989 in response to the growing interdependence of Asia-Pacific economies. It aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and a significant global influence. Currently, APEC has 21 members. The criterion for membership is that each member must be an independent economy. As a result, APEC uses the term “member economies” rather than “member countries” to refer to its members.

Viet Nam became an official member of APEC on November 15th, 1998, raising the forum's membership to 21. This was a significant milestone during the implementation of Viet Nam's open foreign policy. The APEC region is critical to the country's security and development as it gathers 15 of the 30 strategic and comprehensive partners which are leading economic and trade partners of Viet Nam. During the 23 years of its APEC membership, Viet Nam has made active contributions to the forum, thereby helping to promote regional peace, stability, cooperation, and economic connectivity.

During the COVID-19 pandemic, Viet Nam is currently one of the members taking the lead in boosting APEC's commitment to the cooperation in sharing vaccines and ensuring equal and effective distribution of and access to vaccines at a reasonable cost. It has also been appealing to other members to voluntarily transfer vaccine production technology so as to step up vaccine production and supply towards immunity.

The Asia-Pacific Economic Cooperation (APEC) is an intergovernmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.

APEC started in 1989 in response to the growing interdependence of Asia-Pacific economies. It aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and a significant global influence. Currently, APEC has 21 members. The criterion for membership is that each member must be an independent economy. As a result, APEC uses the term “member economies” rather than “member countries” to refer to its members.

Viet Nam became an official member of APEC on November 15th, 1998, raising the forum's membership to 21. This was a significant milestone during the implementation of Viet Nam's open foreign policy. The APEC region is critical to the country's security and development as it gathers 15 of the 30 strategic and comprehensive partners which are leading economic and trade partners of Viet Nam. During the 23 years of its APEC membership, Viet Nam has made active contributions to the forum, thereby helping to promote regional peace, stability, cooperation, and economic connectivity.

During the COVID-19 pandemic, Viet Nam is currently one of the members taking the lead in boosting APEC's commitment to the cooperation in sharing vaccines and ensuring equal and effective distribution of and access to vaccines at a reasonable cost. It has also been appealing to other members to voluntarily transfer vaccine production technology so as to step up vaccine production and supply towards immunity.

The Asia-Pacific Economic Cooperation (APEC) is an intergovernmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.

APEC started in 1989 in response to the growing interdependence of Asia-Pacific economies. It aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and a significant global influence. Currently, APEC has 21 members. The criterion for membership is that each member must be an independent economy. As a result, APEC uses the term “member economies” rather than “member countries” to refer to its members.

Viet Nam became an official member of APEC on November 15th, 1998, raising the forum's membership to 21. This was a significant milestone during the implementation of Viet Nam's open foreign policy. The APEC region is critical to the country's security and development as it gathers 15 of the 30 strategic and comprehensive partners which are leading economic and trade partners of Viet Nam. During the 23 years of its APEC membership, Viet Nam has made active contributions to the forum, thereby helping to promote regional peace, stability, cooperation, and economic connectivity.

During the COVID-19 pandemic, Viet Nam is currently one of the members taking the lead in boosting APEC's commitment to the cooperation in sharing vaccines and ensuring equal and effective distribution of and access to vaccines at a reasonable cost. It has also been appealing to other members to voluntarily transfer vaccine production technology so as to step up vaccine production and supply towards immunity.