PM’s attendance at WEF Davos meeting: Collaboration for intelligent age
This is the second straight year PM Pham Minh Chinh will have taken part in a WEF Davos meeting and the fourth time he, as the Government leader of Vietnam, will have joined in a WEF conference.
PM Pham Minh Chinh and WEF Founder and Executive Chairman Klaus Schwab (Photo: VNA)
Hanoi (VNA) ▨– At the invitation of Founder and Executive Chairman of the World Economic Forum (WEF) Klaus Schwab, Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation of Vietnam are going to attend the 55th WEF Annual Meeting in Davos, Switzerland.
Crucial foundation for promoting Vietnam – WEF cooperation
Since Vietnam and the WEF set up their relationship in 1989, bilateral cooperation have been promoted by both sides’ leaders and developed across multiple areas.
At the PM level, Vietnam attended the WEF Annual Meeting in Davos in 2007, 2010, 2017, 2019, and 2024. In addition, a Vietnamese PM participated in the WEF Annual Meeting of the New Champions in Tianjin and Dalian cities of China in 2023 and 2024, along with the WEF on ASEAN Meeting (which was the WEF on East Asia Meeting before 2016) in 2012, 2013, 2014, and 2017. In other years, these meetings saw the presence of Vietnamese Deputy PMs.
PM Pham Minh Chinh meets with WEF Founder and Executive Chairman Klaus Schwab in Dalian city, China’s Liaoning province, on June 26, 2024. (Photo: VNA)
Leaders of the two sides have also stepped up high-level meetings and exchanges, especially those between PM Chinh and WEF Founder and Executive Chairman Klaus Schwab at the WEF meeting in Tianjin in June 2023, the 41st ASEAN Summit in November 2022, and the 43rd ASEAN Summit in September 2023, along with Schwab’s visit to Vietnam in October 2024.
Vietnam and the WEF coordinated to organise the first country strategic dialogue on October 29, 2021, in a hybrid format under the theme “Public - Private Partnership – The Key Driver for Comprehensive Recovery and Sustainable, Resilient and Innovation-Driven Growth.”
That event was considered the most successful country strategic dialogue that the WEF had held in coordination with a country, in terms of the level of participants, content, time, and organisation.
PM Pham Minh Chinh and Professor Klaus Schwab, Founder and Executive Chairman of the WEF, at an exchange with Vietnamese youths at the Vietnam National University, Hanoi, on October 7, 2024. (Photo: VNA)
At the WEF meeting in Tianjin in 2023, PM Chinh co-chaired the second country strategic dialogue, themed “Promoting new growth drivers to create the future of the country”, on June 26, 2023.
Present at the WEF Davos meeting last year, he presided over the third country strategic dialogue, themed "The next development horizon: Promoting transformation, opening up new growth drivers in Vietnam", on January 16, 2024.
Vietnam hosted the WEF on ASEAN Meeting in Hanoi from September 11 to 13, 2018, the first WEF on the Mekong Region Meeting in Hanoi on October 25, 2016, as well as the WEF on East Asia Meeting in Ho Chi Minh City on June 6–7, 2010.
On June 26, 2023, within the framework of the WEF meeting in Tianjin, the two sides inked a memorandum of understanding on cooperation for 2023–2026 in the presence of PM Chinh and Prof. Schwab, serving as an important foundation for them to bolster ties in the new period.
The MoU focuses on innovation in the food sector; green transition skills; orienting industrial clusters towards net zero emissions; promoting actions on plastics, including the Global Plastic Action Partnership (GPAP); finance for renewable energy transition; and cooperating in digital transformation and the establishment of the Centre for the Fourth Industrial Revolution (C4IR).
PM Chinh attended the inauguration ceremony of the C4IR in HCM City on September 25, 2024. This is the WEF’s 19th C4IR in the world and its second in Southeast Asia.
PM Pham Minh Chinh and other delegates at the inauguration ceremony of the Centre for the Fourth Industrial Revolution (C4IR) in HCM City on September 25, 2024. (Photo: VNA)
Addressing the ceremony, the Government leader affirmed that the centre came as a result of the implementation of the Party and State’s guidelines on the Fourth Industrial Revolution (Industry 4.0), meeting national development requirements in the new era.
The centre also demonstrates Vietnam’s intensive integration into the world and participation in global efforts to boost science, technology, and innovation. It shows HCM City’s pioneering role in this regard, reflects Vietnam’s mettle, wisdom, pride, and aspirations in Industry 4.0, and also affirms the close relations between Vietnam and the WEF in the spirit of “doing as they say and achieving practical results as they pledge.”
PM Chinh asked the HCM City-based C4IR to base on its functions, tasks, and authority to bring into play its self-reliance and creativity to promote cooperation, connectivity, digital transformation, and green transition to secure practical results and create spillover effects for the sake of the country and people.
Collaboration for the intelligent age
The WEF’s continual invitation of the Vietnamese PM to take part in its global meetings demonstrates the country’s growing role, stature, and prestige in the world.
Meanwhile, Vietnam’s participation in WEF events also reflects its efforts in maintaining peace, promoting development, resolving global issues, and sharing viewpoints on the global development and governance mindset amidst a profoundly changing world economy.
PM Pham Minh Chinh chairs the WEF’s country strategic dialogue with leading enterprises of the forum. The event, themed "The next development horizon: Promoting transformation, opening up new growth drivers in Vietnam", takes place in Davos, Switzerland, on January 16, 2024. (Photo: VNA)
Deputy Minister of Foreign Affairs Nguyen Minh Hang noted that PM Chinh’s participation in this year’s 55th WEF Annual Meeting, themed “Collaboration for the Intelligent Age” is highly anticipated by the WEF leadership and global businesses. This is a great opportunity for the international community and major businesses to directly talk to the PM and leaders of ministries, sectors, localities, and enterprises of Vietnam about development orientations, priorities, and chances that the country can give businesses in a fast changing world at present.
The PM will convey important messages about Vietnam’s determination, aspirations, and vision towards the strategic development goals for the next 20 years.
Through in-depth discussions at the meeting, which will see the presence of over 3,000 leaders from various countries, international organisations, and major enterprises, Vietnam can grasp development trends of the intelligence age to build mechanisms, policies, and measures for seizing opportunities and minimising adverse impacts of new trends.
The PM will also chair many discussions on practical issues linked with national development requirements, especially the Politburo’s Resolution No. 57 on making breakthroughs in science – technology development, innovation, and national digital transformation.
The trip will open up many chances for Vietnam’s cooperation with other countries and leading businesses in key areas such as artificial intelligence (AI), innovation, high technology, AI application to smart manufacturing, health care, and pharmaceutical production, along with the development of an international financial centre in HCM City.
Deputy Minister Hang went on to say that PM Chinh’s participation in the WEF Davos meeting marks the start of a busy year of multilateral diplomacy of Vietnam.
Through the meeting, the country will continue to demonstrate itself as a trustworthy partner and an active, responsible, and highly potential member of the international community in the intelligent age, working towards a prosperous and sustainable future for humanity.
The World Economic Forum (WEF) is a non-profit organisation operating in the form of public – private partnership. Founded by Prof. Klaus Schwab in 1971, it is headquartered in Geneva, Switzerland.
The WEF currently has about 700 partners who are leaders of the world’s top businesses in different fields.
As one of the first forums to touch upon Industry 4.0, it is implementing some concrete and substantive initiatives such as the C4IRs in the US, India, and Japan, and the Centre for Cybersecurity with the engagement of 92 partners.
The WEF’s most important event is the annual meeting held in every January in Davos. In addition, there are regional forums such as the WEF meeting in Tianjin or Dalian (China) and the WEF on ASEAN Meeting.
♈ WEF events draw the world’s leading politicians, entrepreneurs, scholars, academicians, as well as those from cultural and social areas to identify agenda at the regional and global levels./.
On the occasion of Prime Minister Pham Minh Chinh, his spouse, and a high-ranking Vietnamese delegation’s attendance at the upcoming 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, Swiss Ambassador to Vietnam Thomas Gass granted an interview to the press.
As the world transitions into a new era, Vietnam is emerging as a key player in multilateral cooperation mechanisms and a beacon of growth and development, said the World Economic Forum (WEF)’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee.
Prime Minister Pham Minh Chinh's participation at the World Economic Forum (WEF) Annual Meeting in 2025 for the second consecutive year shows Vietnam's recognition of the forum as a global partner, and the country's commitment to promoting international cooperation, said Ambassador Phan Mai Dung, Permanent Representative of Vietnam to the United Nations, World Trade Organisation, and other international organisation in Geneva.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
The ministry has instructed Vietnamese representative agencies in Israel, Iran, as well as those in neighbouring countries, to closely monitor the situation and request local authorities to ensure absolute safety for Vietnamese citizens living, studying, and working in high-risk areas.
Senior Vietnamese leaders on June 19 sent letters of congratulations to New Zealand leaders on the occasion of the 50th founding anniversary of Vietnam – New Zealand diplomatic relations (June 19, 1975 – 2025).
The Party chief attributed the achievements in the first half to the continuous, direct, and comprehensive leadership of the Politburo and the Secretariat of the Party Central Committee, and the close and effective coordination of relevant ministries, sectors and localities.
General Nguyen Tan Cuong, Chief of the VPA’s General Staff and Deputy Minister of National Defence reaffirmed Vietnam’s unwavering gratitude for Cuba’s invaluable support during its struggle for independence and nation-building efforts, and pledged to stand shoulder-to-shoulder with Cuba as it navigates current challenges.