Prime Minister meets with int’l finance and business executives
Prime Minister Nguyen Xuan Phuc met with WB President Jim Yong Kim, WTO Director General Roberto Azevêdo and Chairman of the Chinese Alibaba Group Jack Ma in Davos on January 19.
Prime Minister Nguyen Xuan Phuc (L) meets with WB President Jim Yong Kim on January 19 (Photo: VNA)
Davos (VNA) – Prime Minister Nguyen Xuan Phuc met with President ofthe World Bank (WB) Jim Yong Kim, Director General of the World TradeOrganisation (WTO) Roberto Azevêdo, and Chairman of the Chinese Alibaba GroupJack Ma on the sidelines of the World Economic Forum Annual Meeting in Davos,Switzerland, on January 19.
At his meeting with the WB President, the PM praised the lender’s role andpositive contributions to Vietnam’s socio-economic development. He invited theofficial to attend the APEC High-level Week 2017 in Vietnam.
The WB executive showed his impression at Vietnam’s development over the pastyears and affirmed that his institution will continuously assist Vietnam inaccomplishing its development goals and is ready to participate in activitiesin the APEC Year 2017.
He expected thatVietnam will work with the lender in rallying additional capital sources.
During a reception for the WTO Director General, PM Phuc asserted that Vietnam highlyvalues the multilateral trade system with the WTO playing the key role.
He briefed his guest about Vietnam’s ratification of the amended protocol onthe Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS)and suggested the organisation support the country in training and enhancingthe capacity for implementing the WTO agreements, trade talks and disputesettlements.
Prime Minister Nguyen Xuan Phuc (L) meets Alibaba Chairman Jack Ma in Davos (Photo: VNA)
Welcoming the Chairmanof the Chinese Alibaba group, he affirmed that the economic cooperation betweenVietnam and China has grown actively in recent years as the two governmentshave moved to facilitate their businesspeople to boost partnerships in thefields that bring in mutual benefits.
He hailed the Alibaba and Chairman Jack Ma as a shining example of startup andsuggested the executive sharing startup experience and seeking investmentcooperation opportunities with Vietnamese partners.
Jack Ma said Vietnam is a potential market with young population, noting thathis group is devising a cooperation plan, which includes digital technology,with Vietnam.-VNA
PM Nguyen Xuan Phuc’s attendance of the annual meeting of the World Economic Forum in Davos will highlight Vietnam’s determination to promote comprehensive reform and international integration.
Vietnam is focusing on completing economic reforms and building a consistent, synchronous and modern administrative regime to enhance governance efficiency, said Prime Minister Nguyen Xuan Phuc.
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.
Prime Minister Nguyen Xuan Phuc has affirmed that Vietnam always welcomes international media to the country to cover its development and global integration.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Prime Minister Nguyen Xuan Phuc (L) meets with WB President Jim Yong Kim on January 19 (Photo: VNA) 
Prime Minister Nguyen Xuan Phuc (L) meets Alibaba Chairman Jack Ma in Davos (Photo: VNA) 
