Discussions during the two-day forum focus on the recent development of the international financial market and emerging economies, the role of independent investment funds, and Vietnam’s long-term economic development prospects.

Participants will also discuss trans-border trade and investment in Asia, Africa and Latin America, financial markets in the regions of developing countries, especially the Association of Southeast Asian Nations (ASEAN), and possible impacts of climate change on emerging economies.

Addressing the meeting, Vietnam’s Minister of Planning and Investment Vo Hong Phuc said the emerging economies’ recent successes in economic development had enhanced their positions on the world map and he hoped that participants in the meeting can share information and experiences to help each other’s country enjoy development as these economies are facing the global economic recession with a declined securities market, high inflation, food shortages and climate change.

Minister Phuc said that the Vietnamese economy faced quite a few difficulties and challenges in the first half of this year. However, the government has taken drastic measures to manage the macro-economy.