PM active on sidelines of WEF meeting

Prime Minister Nguyen Xuan Phuc particpated in activities on the sidelines of the 47th annual meeting of the World Economic Forum (WEF) in Davos city, Switzerland on January 18.

During a meeting with his Austrian counterpart Christian Kern, Phuc asked Austria to recognise Vietnam as a market economy, push forward the European Union (EU)’s approval of the Vietnam-EU Free Trade Agreement, and back Vietnam’s bid for non-permanent membership of the United Nations Security Council for 2020-2021. 

The two PMs agreed to launch celebrations for the 45th anniversary of bilateral diplomatic ties and convene a meeting of the Inter-Governmental Committee on Economic and Trade Cooperation. 

PM Phuc attends the 47th annual meeting of the World Economic Forum (WEF) in Davos city, Switzerland.
PM Phuc attends the 47th annual meeting of the World Economic Forum (WEF) in Davos city, Switzerland.

In a working session with WEF President Klaus Schwab, the Vietnamese leader sought the WEF’s support to connect Vietnam with leading corporations and experts, and consultations on policies on national competitiveness and high-tech agriculture. He also proposed the WEF continue to hold the WEF Mekong Conference. 

Praising Vietnam’s development potential, Schwab wished to enhance cooperation with the country, especially in the form of public-private partnerships (PPP). 

Later, both sides witnessed the signing of a PPP agreement on economic development between Vietnam and the WEF, under which, the latter will help connect Vietnam with its top businesses, provide Vietnam with policy consultation on economic restructuring, high-tech agriculture, national competitiveness and climate change, and receive Vietnamese cadres as apprentices at WEF units. 

Talking with President of the Asian Development Bank (ADB) Tahehiko Nakao, PM Phuc asked the lender to assist Vietnam in transport infrastructure upgrades, energy, administrative procedure simplification, and trade and investment facilitation in the Greater Mekong Sub-region (GMS). 

He invited the ADB President and leaders to attend the Asia-Pacific Economic Cooperation (APEC) forum High-Level Week in the central city of Da Nang this November and related meetings in Vietnam. 

Nakao pledged to extend the provision of preferential credit for Vietnam until 2019 and help the country launch projects within the framework of GMS cooperation. 

The two sides vowed to step up projects in infrastructure, climate change response, economic restructuring and poverty reduction and work with GMS member states to prepare for the sixth GMS Summit in Vietnam. 

In a conversation with President of Microsoft Corporation Bradford Smith, Phuc urged Microsoft to continue doing business in Vietnam, and invited him to attend the APEC Business Summit this November in Da Nang. 

Microsoft wants to intensify ties with Vietnam in network security, human resources training and software industry, Smith said. 

WEF Davos 2017 focuses on promoting global economic growth, embracing inclusive growth, measures to take advantage of the fourth on-going industrial revolution, and shaping global cooperation orientations. 

The event gathers more than 3,000 participants, including those from governments, international and non-governmental organisations, along with entrepreneurs, scholars, and social activists. 

Established in 1971, the WEF is an independent international organisation committed to improving the state of the world by linking businesses, politicians, academics and other leaders of society.

VNA

Other News

Amendments to Land Law aim to achieve three key goals

Amendments to Land Law aim to achieve three key goals

The Government has identified three major objectives: promptly institutionalising Party policies on land, private-sector development and national digital transformation; addressing urgent practical obstacles to unlock resources and support the goal of double-digit economic growth; and building a modern, streamlined and effective land management system through stronger decentralisation and administrative reform.

Draft laws must support management reform, stronger decentralisation: PM

Draft laws must support management reform, stronger decentralisation: PM

Participants looked into 11 draft laws and one draft resolution, including laws amending and supplementing several articles of laws on non-agricultural land use tax and corporate income tax; natural resources tax; securities; accounting and independent auditing; the Labour Code; and laws on archives, gender equality, Red Cross activities and employment.

Top Vietnamese leader's New Zealand visit draws media attention

Top Vietnamese leader's New Zealand visit draws media attention

Reports, articles and assessments published on August 12-13 highlighted that Vietnam-New Zealand relations are shifting strongly from high-level political commitments to concrete cooperation programmes, with a focus on trade, investment, education, agriculture, science and technology, defence and security, and climate change response.

Party General Secretary and President meets Vietnamese community in New Zealand

Party General Secretary and President meets Vietnamese community in New Zealand

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam described overseas Vietnamese as “ambassadors” who help promote Vietnam's positive image internationally, and urged them to maintain solidarity, preserve national pride and cultural traditions, and make practical contributions to the country's development.

Vietnamese Party leader attends funeral service for top Lao legislator

Vietnamese Party leader attends funeral service for top Lao legislator

The Party leader stressed that the passing of NA President Xaysomphone is a great loss to the Lao Party, State and people, while Vietnam has also lost a great friend and a close, loyal comrade who had always held deep affection for the country, offered valuable support, and worked tirelessly to nurture and consolidate the Vietnam-Laos great friendship, special solidarity, comprehensive cooperation and strategic cohesion.

Singapore remains one of Vietnam's leading important partners: PM

Singapore remains one of Vietnam's leading important partners: PM

Highlighting positive outcomes in Vietnam-Singapore cooperation across all areas, particularly since bilateral ties were elevated to a Comprehensive Strategic Partnership in March 2025, Prime Minister Le Minh Hung proposed that the two sides maintain and step up high-level visits and exchanges at all levels.

Vietnam, Australia hold 8th Foreign Ministers' Meeting

Vietnam, Australia hold 8th Foreign Ministers' Meeting

Australia attaches great importance to its Comprehensive Strategic Partnership with Vietnam and highly values the substantive progress in bilateral relations, said Australian Minister for Foreign Affairs Penny Wong.

Quang Ninh, Bac Ninh urged to embrace modern urban governance

Quang Ninh, Bac Ninh urged to embrace modern urban governance

According to Government proposals submitted to the legislature, Quang Ninh and Bac Ninh cities will be formed based on the respective natural areas, populations and numbers of commune-level administrative units of the two provinces. Both proposals meet all five conditions stipulated in the Law on Organisation of Local Administration No. 72/2025/QH15 and all seven criteria for establishing centrally-run cities under Resolution No. 112/2025/UBTVQH15.

Laos holds State funeral for National Assembly President

Laos holds State funeral for National Assembly President

Xaysomphone Phomvihane was a capable revolutionary intellectual with broad knowledge and a strategic vision. Throughout his career, he remained committed to the Party's ideals and objectives, and demonstrated responsibility, flexibility and discipline in carrying out his assigned tasks.

Prime Minister receives outgoing Israeli Ambassador

Prime Minister receives outgoing Israeli Ambassador

Prime Minister Le Minh Hung asked the Israeli Government to continue creating favourable conditions for Vietnamese people living, studying and working in Israel at a meeting with outgoing Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on August 12.