Asia is the world’s largest regional economy and is increasingly the center of the world economy. As its economies will be integrated further, Asian economy has the potential to fuel and shape the next phase of globalization. In recent years, the world economy and the Asian economy in particular have experienced a lot of upheaval due to Covid-19 pandemic, military conflicts, trade wars and the shifting of global supply chains. Therefore, significant aspects of economics and development in the context of global changes in Asia is remarkable.

VNU University of Economics and Business organizes the international conferences on “Contemporary Economic Issues in Asian Countries” (CEIAC International Conference 2022) on December 16, 2022 collaborated with Springer Nature Switzerland AG, Sungkyunkwan University (Korea) and Tamkang University (Taiwan). The theme of the CEIAC Conference 2022 deals with wide aspects of the contemporary economic issues in Asian countries. It covers broader topics such as economics and business, green economy and sustainable development, and international trade and investment.

Speaking at the opening of the conference, Assoc.Prof.Dr. Nguyen Anh Thu - Vice Rector of VNU University of Economics and Business sai: “The CEIAC 2022 international conference is an opportunity for all academic researchers and graduate students to look back on the past journey in management and business to connect and support Vietnam in its rapid development process. strong and sustainable in the 21st century”.

Assoc. Prof. Dr. Nguyen Anh Thu highly appreciated the participation of international delegates at the workshop, which will help the research results and discussions to have great significance in the multinational academic linkage.

According to scientists at CEIAC 2022, in addition to the effects of epidemics and the shift of global supply chains, Asia will face two challenges in the future, such as population aging and growth rate. decrease in labor productivity. With the aging rate increasing faster than Europe and the United States, besides facing labor shortages, Asian countries will have to spend more on health and social security services. . These are the factors that will put great pressure on the budget and slow down the growth rate. It is forecasted that within the next 3 decades, this trend will reduce the economic growth of countries such as Asia by 0.5 - 1%.

Another concern is the slowdown in labor productivity growth, when the International Monetary Fund (IMF) believes that Asia is gradually not catching up with the high labor productivity of countries with high technology. the world's leading advanced technology, leading to the risk of a recession in economic growth.

Analyzing and assessing opportunities and challenges in the future and providing solutions for economic growth and sustainable development are necessary requirements of Asian countries today.

At CEIAC 2022, national and international researchers discussed issues in various economic fields that are of interest in different countries. Accordingly, the reports assessed the current situation and sought solutions to remove technical barriers in international trade; provides scientific arguments, policy, financial, technical and social solutions towards the goal of promoting green growth and sustainable development in Asia in general and Vietnam in particular. From the issues raised in the workshop, it is possible to draw lessons from experience as well as propose solutions to issues of sustainable economic development in Vietnam.