Significance of Vietnam-WEF strategic dialogue highlighted
Deputy Minister of Foreign Affairs Nguyen Minh Vu has shared the significance of the national strategic dialogue between Vietnam and the World Economic Forum (WEF), which was co-chaired by Prime Minister Pham Minh Chinh and WEF Founder and Executive Chairman Klaus Schwab on October 29.
Deputy Minister of Foreign Affairs Nguyen Minh Vu talks with media on the significance of the national strategic dialogue between Vietnam and the World Economic Forum (WEF), co-chaired by Prime Minister Pham Minh Chinh and WEF Founder and Executive Chairman Klaus Schwab on October 29. (Photo: VNA)
Hanoi (VNA) – Deputy Minister of Foreign Affairs Nguyen Minh Vu hasshared the significance of the national strategic dialogue between Vietnam andthe World Economic Forum (WEF), co-chaired by Prime Minister Pham MinhChinh and WEF Founder and Executive Chairman Klaus Schwab on October 29.
The first event of its kind took the theme "Enhancingpublic-private partnership: Key motivation for comprehensive recovery andinclusive, sustainable development and innovation", attracting nearly 70global corporations, especially those working in fields that match Vietnam’sdevelopment priorities such as technology, health care, smart solutions andrenewable energy.
Vu said the event took place at a time when theworld economy is recovering in many areas and the COVID-19 has been graduallyunder control.
It provided a platform for theVietnamese Government to share economic recovery plans, thus boosting cooperationbetween the Government, localities and leading corporations in restoring production and trade, especially in industrial and economic zones at presentand in the near future, he said.
According to him, it also afforded theVietnamese PM a chance to extend a policy message to the global businesscommunity that the Vietnamese Government is stepping up business recovery in the newnormal as well as long-term plans on economic reform.
The Vietnamese leader was also able to learnabout difficulties faced by foreign investors, thus drawing high-qualityforeign investment to Vietnam and tapping the trend of relocating investments and supply chainsover the past time, he said.
Vu informed that the Vietnamese Governmentand the WEF established bilateral ties in 1989. Vietnam is one of the countriesto regularly join annual activities of the WEF in Davos. Both sides devised long-termcooperation plans and recently held joint events, notably the WEF on ASEAN 2018in Vietnam, which was 🌜hailed as a success.
At the event (Photo: VNA)
The deputy minister said the WEF praises Vietnam as a dynamic economy which always shows its commitments torenovation and reform.
The WEF could bring Vietnam closer to theworld’s leading investors and businesspeople to join in its economy, he added.
In his view, Vietnam needs policycons๊ultations from the WEF to update n♚ew ideas and mindsets in directing socio-economicdevelopment./.
Leaders of Cambodia, the Democratic People’s Republic of Korea, Russia, Algeria, Kuwait, and the World Economic Forum (WEF) on April 6 extended congratulations to the new State and Government leaders of Vietnam.
Prime Minister Pham Minh Chinh will co-chair a national strategic dialogue between Vietnam and the World Economic Forum (WEF) via videoconference on October 29, at the invitation of Founder and Executive Chairman of the WEF Prof. Klaus Schwab.
Prime Minister Pham Minh Chinh, and Founder and Executive Chairman of the World Economic Forum (WEF) Prof. Klaus Schwab will co-chair a national strategic dialogue between Vietnam and the WEF on October 29.
Vietnam’s participation at the meeting underscores the country’s consistent foreign policy of independence, self-reliance, multilateralisation and diversification, and proactive international integration in a broad, deep, and effective manner. It also conveys Vietnam’s ambition and determination to enter a new era - the era of the nation’s rise.
The amended law will take effect on July 1, 2025, except for provisions on civil servant evaluation in Section 3, Chapter IV, which will be implemented from January 1, 2026.
Prime Minister Pham Minh Chinh’s participation at the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin, China, reflects the Vietnamese Party and Government’s strong commitment to the Vietnam–China comprehensive strategic cooperative partnership, while injecting fresh momentum into bilateral economic and trade cooperation amid a volatile global economic landscape.
A key amendment was made to Clause 2, Article 16, which now stipulates that a child born to one parent who is a Vietnamese citizen and the other a foreign national shall be granted Vietnamese nationality, if both parents agree to choose Vietnamese nationality for the child during birth registration with competent Vietnamese authorities
PM Chinh's participation demonstrates Vietnam's strong appreciation and support for China. This, in turn, contributes to further promoting the positive development of the Comprehensive Strategic Cooperative Partnership, aiming to build a Vietnam-China community with a shared future, which carries strategic significance.
At the WEF meeting in Tianjin, Vietnam continues to affirm its foreign policy of independence, self-reliance, diversification and multilateralisation, as well as its proactive and active approach to comprehensive, extensive, and effective international integration
Vietnam always regards the RoK as an important and long-term strategic partner; and hopes that the two sides will work together to further deepen the Comprehensive Strategic Partnership in a more substantive, effective, and comprehensive manner in the coming time.
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The merger of Nam Dinh, Ha Nam, and Ninh Binh aims to shape a modern, vibrant development space with Ninh Binh at its heart, transforming the region into a hub of smart and green industry and services by 2030, while preserving its unique identity as a national heritage centre.
While praising the efforts of ministries, sectors, and localities in tackling smuggling, trade fraud, counterfeiting, and intellectual property violations, PM Chinh acknowledged that in some places and at certain times, there has been lax enforcement and unclear jurisdiction, leading to increasingly complex developments in these issues.
At the working session, General Secretary Lam presented the Party Committee of the VFF and central mass organisations with the Politburo’s Decision No. 304-QD/TW, which outlines the new structure, functions and tasks of the VFF Central Committee, marking a significant step in improving its organisational effectiveness.
Describing the exhibition as a large-scaled, content-rich, and unprecedented event with high requirements and limited preparation time, PM Pham Minh Chinh urged all ministries, sectors, and localities to participate with the highest sense of responsibility, ensuring the exhibition is inclusive, objective, truthful, feasible, and impactful.
Vietnam’s attendance reaffirms its consistent foreign policy of independence, self-reliance, multilateralisation and diversification, and comprehensive, intensive, extensive and effective international integration.
Cheng stressed that this is third time PM Chinh has attended the meeting and he is among the few senior government officials participating in this year's event, which is considered as a rare and commendable gesture.
The fact that the Vietnamese PM has been invited to attend and speak at this important event for three consecutive years reflects the WEF as well as the international business community's recognition and high regard for Vietnam's position, role, and contributions to global and regional economic growth.