| Minister of Finance Ngo Van Tuan. Photo: MoF |
Speaking to the press on the sidelines of the 2026 APEC Finance Ministers’ Meeting, Minister of Finance Ngo Van Tuan said APEC economies had agreed to encourage flexible and sustainable monetary and fiscal policies to maintain regional financial stability amid global economic shocks and adverse external developments.
Vietnam also shared its socioeconomic performance in the first nine months of 2026, amid oil supply disruptions and rising prices. According to the minister, APEC members acknowledged Vietnam’s economic growth of 9.01 per cent, inflation of 4.52 per cent, and positive performance in attracting foreign investment.
International institutions have also given favourable assessments of Vietnam. Credit rating agency R&I upgraded the country’s sovereign rating to investment grade, while FTSE Russell reclassified Vietnam’s stock market from frontier to secondary emerging market status.
In the first nine months of 2026, Vietnam attracted more than $50 billion in registered foreign investment, up over 76 per cent on-year, while disbursed investment exceeded $21 billion, an increase of 12.4 per cent. Export turnover rose by 26 per cent.
At the meeting, Vietnam formally took on the role of host of the 2027 APEC Finance Ministers’ Process, scheduled to take place in Halong. It also proposed four priority themes, which received broad support from participating economies.
The proposed priorities are strengthening capital markets to mobilise private capital for innovative businesses; developing databases to improve small and medium-sized enterprises’ access to financial services; diversifying funding sources for development investment across APEC economies; and attracting and training young talent in the finance sector.
According to Minister Tuan, APEC members expressed interest in bringing these themes into discussions at an early stage, with the aim of developing practical and effective solutions to support macroeconomic management and socioeconomic development across the region.
Vietnam has consulted APEC economies on the direction of the 2027 process, with members expressing strong support and a willingness to cooperate, share expertise, and exchange experience in finance.
Hosting the 2027 APEC Finance Ministers’ Process marks another important milestone in Vietnam’s proactive and deeper international integration.
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