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PM receives founder of World Economic Forum in China

Vietnamese Prime Minister Pham Minh Chinh hosted a reception on June 26 for founder and Executive Chairman of the World Economic Forum (WEF) Prof. Klaus Schwab, within the framework of the 14th Annual Meeting of the New Champions (AMNC) of the WEF in Tianjin, China.
PM receives founder of World Economic Forum in China ảnh 1PM Pham Minh Chinh (L) and WEF Executive Chairman Prof. Klaus Schwab. (Photo: VNA)

Tianjin (VNA) – Vietnamese Prime Minister Pham Minh Chinh hosted areception on June 26 for founder and Executive Chairman of the Wor🐻ld Economic Forum(WEF) Prof. KlausSchwab, withinthe framework 💛of the 14th Annual Meeting of the New Champions (AMNC) of the WEF in Tianjin, China.

They discussed the global economic situation, emerging development trends, Vietnam’ssocio-economic achievements and its cooperative relations with the WEF. SharingVietnam's economic situation and prospects, PM Chinh stressed that Vietnam willconsistently pursue the goal of maintaining macro-economic stability andpromoting growth. Hesuggested the WEF continue partnering with Vietnam and supporting itsconnection with WEF member businesses, assisting Vietnam in attractinghigh-quality investments, particularly in hi-tech, energy transition, digitaltransformation and strategic infrastructure. Additionally, he urged the WEF toenhance the exchange of views on the global development trends and offer policy advices tohelp Vietnam improve its competitiveness and business environment in adaptation to new regulations and trends. Prof.Schwab said Vietnam’s presence at the WEF meeting in Tianjin will bring anoptimistic story of economic recovery in the face of global challenges. Expressing his impression on Vietnam's socio-economic achievements and macro-economicstability, he stressed his strong commitment to boosting cooperation withVietnam and working closely with relevant agencies to propose and launch practical joint projects which are in line with Vietnam's interests and WEF’s strengths. Whilediscussing major topics of the upcoming annual WEF meeting in Davos,Switzerland, scheduled for January 2024, the two sides agreed that technologyand artificial intelligence (AI), particularly the application of newtechnologies and AI in manufacturing, services, agricultural development andskill training should be the key focuses of the meeting. Prof. Schwabexpressed his impression on the dynamism of Vietnam's young generation amidtechnological advancements, considering it one of Vietnam's significantcompetitive advantages.

Heextended an invitation to PM Chinh to attend the WEF meeting in January 2024 in Davos. The VietnamesePM also invited Prof. Schwab and WEF leaders to visit Vietnam soon to deliver speeches and inspire the Vietnamese youth about theemerging development trends in the world. Both sides agreed to arrange thesevisits in the near future.

On this occasion, Vietnamese Minister ofForeign Affairs Bui Thanh Son and WEF President Borge Brende signed aMe🅺morandum of Understanding (MoU) on cooperation between Vietnam and the WEF forthe 2023-2026 period under the witness of PM Chinh and Prof. Schwab.

TheMoU serves as an important foundation to boost cooperation between Vietnam and the WEF in the new period, focusing on six key areas of innovation in food, skill developmentfor innovation and green transformation, zero-emission industrial clusters; plasticactions, including the Global Plastic Action Partnership (GPAP); finance forrenewable energy transition, digital transformation cooperation and theestablishment of the fourth industrial revolution centre. The signingof the MoU will enable Vietnam to access resources, experience and join the WEF’sglobal programmes, thereby establishing a comprehensive ecosystem to drive newgrowth engines, attract investment and improve national competitiveness./. 
VNA

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