At a conference held on Wednesday in Can Tho, organised by the Can Tho branch of the Vietnam Chamber of Commerce and Industry (VCCI), local authorities, economists and members of the business community discussed the economic impact of the new agreements on the region.

Participants suggested changes to macroeconomic policy that would be more in line with the AECand free-trade agreements.

They noted that although enterprises would have more opportunities to expand their markets and enhance competitiveness, they would also face tougher competition.

Speaking at the conference, Vo Hung Dung, director of VCCI Can Tho, said the region should transform its economic and labour structure.

Vo Thanh Thong, chairman of the Can Tho People’s Committee, urged the local business community to improve linkages to take advantage of opportunities.