Sunday, 23/2/2020
Prime Minister Nguyen Xuan Phuc attended the 47th World Economic Forum (WEF) Annual Meeting
26/1/2017 15:58' Send Print
Prime Minister Nguyen Xuan Phuc attends and speaks at the plenary session on the theme “Manufacturing Identity: Is ASEAN a community yet?” Photo: VNA

While making his speech at the meeting themed “Responsive and Responsible Leadership,” Prime Minister Nguyen Xuan Phuc presented speeches at the plenary and dialogue sessions revolving around “The future of manufacturing from regional strategic perspective,” “ASEAN prospects after 50 years of formation and development,” “Responsive and responsible leadership in a multi-polar world,” “Strong governance in the fourth industrial revolution,” “Manufacturing Identity: Is ASEAN a community yet?” Accordingly, Prime Minister Nguyen Xuan Phuc stressed countries should act with responsibility towards maintaining peace and stability in the world and the region. He highly lauded the role of multilateral organizations, especially the UN, and ASEAN in promoting the common interests of the international community.

The Prime Minister highlighted opportunities and challenges of the fourth industrial revolution to developing countries, including Vietnam. He affirmed that Vietnam is restructuring its economy, renewing growth models based on enhancing productivity and competitiveness, encouraging startups, innovation, creativity, high quality human resource development to take advantage of the fourth industrial revolution.

During the plenary session on ASEAN’s role, Prime Minister Nguyen Xuan Phuc highlighted the achievements during the 50 years of establishment and development of ASEAN, appreciated the principle of consensus and the "ASEAN Way" which creates ASEAN identity, and maintained that Member States should cooperate closely to effectively implement the ASEAN Economic Community’s Vision 2025 roadmap, uphold internal cooperation and tap free trade agreements with partners to boost investment and trade in the region, continue to effectively operate ASEAN-led regional mechanisms to ensure security, peacekeeping and cooperation. He noted that Vietnam has made important and responsible contributions to strengthening ASEAN solidarity and unanimity and worked with other member states to build a strong ASEAN Community.

* In bilateral activities, Prime Minister Nguyen Xuan Phuc met Swiss President D. Leuthard and leaders of other countries to the meeting, namely Prime Minister of Austria C. Kern, Prime Minister of Netherlands M. Rutte, Queen Maxima of the Netherlands, Prime Minister of Sri Lanka R. Wickremesinghe, and President of Ukraine P. Poroshenko. At the meeting, the two sides discussed a number of measures, agreed to strengthen coordination to effectively implement bilateral cooperation mechanisms.

Prime Minister Nguyen Xuan Phuc had contacts with leaders of international organizations including United Nations Secretary-General A. Guterres, President of the World Bank (WB) Y. Kim, Director General of the World Trade Organization (WTO) R. Azevedo, President of the Asian Development Bank (ADB) T. Nakao, and President of the Organization for Economic Co-operation and Development (OECD) A. Gurria. At the meetings, the two sides agreed to further promote cooperation between Vietnam and international organizations to contribute to Vietnam’s socio-economic development and for prosperity of region and the world.

Prime Minister Nguyen Xuan Phuc along with WEF Chairman K. Schwab witnessed the signing of cooperation agreement between Vietnam and the WEF on developing Vietnam's sustainable economy in the future in which the WEF will support Vietnam to connect with networks of enterprises and the leading researchers of the WEF, collaborate with Vietnam to conduct research and policy consultancy in areas of interest to Vietnam, and build capacity of Vietnamese officials through their internship at the organization. Vietnam was the first country to sign the cooperative deal in the form of Public Private Partnership (PPP) and hopes that this is a "model” for cooperation with other countries.

* At the sidelines of the meeting, the Prime Minister also met key executives of 40 multinational corporations among the world’s top 500 such as Microsoft, Facebook, Alphabet (Google), Qualcom, Standard Chartered, Prudential, Alibaba, JETRO, Mitsubishi, UPS, Carlyle and Swiss Re. He held two thematic dialogues with the world’s leading firms operating in information technology and finance, and answered their questions.

The Prime Minister underlined Vietnam’s determination to build a transparent and constructive government in service of the people and businesses, adding that Vietnam strives to reach the average level of ASEAN top 4 (ASEAN-4) on favorable business environment in 2017. Prime Minister Nguyen Xuan Phuc welcomed foreign corporations to Vietnam to work together, share interests for prosperity. Corporations highly valued Vietnam’s development potential, hailed Vietnam’s strong efforts for renovation, committed to establish long-term activities in Vietnam and expressed the desire to continue investing in Vietnam, especially in Vietnam’s areas of advantage and needs such as information technology and hightech agriculture.

Prime Minister Nguyen Xuan Phuc’s participation in the annual meeting of the World Economic Forum (WEF) conveyed a strong message about Vietnam’s policies, orientations and determination on comprehensive national reform and international integration for 2016 - 2020. He affirmed Vietnam’s commitment to building a constructive and action-minded government, and trust of international businesses. On this occasion, the international community showed their concern and support to the APEC Summit to take place in Vietnam in 2017.

Synthesized by Phuong Tra