Vietnam News

Vietnam to assume role as host of APEC Year 2027

By KIM OANH • 21/10/2026 16:33

DNO - As part of APEC 2026, the 33rd APEC Finance Ministers’ Meeting (FMM 2026) took place in Hong Kong (China) on October 20 - 21. At the meeting’s closing ceremony, Vietnam officially assumed the role as host of APEC Year 2027.

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Phu Quoc was chosen as the host for APEC 2027. Photo: VNA

As Vietnam prepares to host APEC (Asia-Pacific Economic Cooperation) 2027, Vietnamese Minister of Finance Ngo Van Tuan Tuan was invited by Chinese Minister of Finance Lan Fo’an, the host of APEC 2026, to deliver a keynote address during the main session on macroeconomic developments, alongside senior representatives from China’s and the United States’ finance ministries.

The invitation to deliver the opening address at this key macroeconomic policy dialogue reflected the host economy’s and other APEC members’ recognition of Vietnam’s standing and credibility. It also acknowledged the country’s notable achievements in macroeconomic management in recent years.

According to Vietnam Investment Review, speaking at the macroeconomic discussion, Minister Tuan shared his assessment of global and regional economic developments and presented Vietnam’s macroeconomic performance and outlook for the first nine months of 2026.

Regarding to Vietnam, the country recorded strong economic growth in the first nine months of 2026, with GDP expanding by 9 percent and the consumer price index rising by 4.52 percent.

The country also received several positive signals, including an upgrade to emerging market status for its stock market, an investment-grade credit rating, and its entry into the upper-middle-income country group. Foreign investment attraction reached a record high, with registered capital totaling $50.36 billion.

Looking towards 2027, Vietnam aims to achieve double-digit economic growth while safeguarding macroeconomic stability and renewing its growth model through greater reliance on science and technology.

On October 21, as part of FMM 2026, Minister Tuan and the Vietnamese Ministry of Finance delegation continued attending sessions and holding bilateral meetings.

At the meeting’s closing ceremony, Vietnam officially assumed the role as host of APEC Year 2027.

By KIM OANH