Vietnam boosts parliamentary ties, unveils APEC committee, raises brand value

Vietnam is strengthening its international parliamentary engagement at the Inter-Parliamentary Union's 153rd assembly, known as IPU-153, through enhanced diplomatic initiatives and legislative cooperation with peers from across the globe. The assembly provides a platform for Vietnamese parliamentarians to engage in substantive discussions on regional and global issues affecting South and Southeast Asia.

Domestically, Vietnam has unveiled the 27-member National Committee tasked with overseeing preparations for APEC 2027, a major economic forum the country will host. The committee's establishment marks a significant step in Vietnam's readiness to assume the rotating chair of the Asia-Pacific Economic Cooperation forum and coordinate the organization's activities during that period.

In economic developments, Vietnam's national brand value has experienced substantial growth, climbing 45 percent to surpass $462 billion, reflecting increased international recognition of Vietnamese products, services, and cultural assets. The increase underscores Vietnam's growing economic influence and improving positioning in global markets as the nation continues its integration into the international economy.