Ambassador and Head of Vietnam's permanent delegation to the United Nations Duong Chi Dung (Photo: VNA)

Geneva (VNA) – Prime Minister Nguyen Xuan Phuc’s attendance of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, will highlight Vietnam’s determination to promote comprehensive reform and international integration in 2016-2020, a Vietnamese official has said.

In an interview granted to Vietnam News Agency correspondents in Geneva on the threshold of the event, Ambassador and Head of Vietnam's permanent delegation to the United Nations, the World Trade Organisation and other organizations in Geneva Duong Chi Dung detailed the relations between Vietnam and the WEF and events that the PM will attend.

Through the summit, PM Phuc will affirm Vietnam’s committment to building a constructive and action-minded government and will highlight the efforts made by the Vietnamese Government to improve the confidence of the international business community, thus attracting more foreign investments to Vietnam, Dung said.

The Prime Minister will also promote the position and role of Vietnam, as the host of APEC 2017, to call for support of the international community for this event.

PM Phuc will also deliver a speech at the Informal Gathering of World Economic Leaders themed “Responsive and Responsible Leadership in a multi-polar world”, which will emphasise the Vietnamese Government’s commitment to the country’s comprehensive reform process, the diplomat said.

The Prime Minister will participate in activities to celebrate the 50th founding anniversary of ASEAN during the meeting and give speeches to highlight Vietnam’s contributions to the bloc, he added.

The government leader will also meet with state and government leaders of a number of countries, representatives of multinational groups and leading enterprises worldwide, and those from international organisations, the ambassador revealed.

The PM is attending the meeting at the invitation of the WEF Executive Chairman Klaus Schwab from January 18-21.
Since joining the WEF in 1989, the relations between Vietnam and the WEF have rapidly developed. The forum connects Vietnam with many leading global corporations, bringing investment and development opportunities.

Vietnam participates actively in the forum’s initiatives like “New vision for agriculture”, “Grow Asia”, “Green growth Action Alliance”, and “Shaping the Future of Global Production Systems”. Vietnam held the WEF Mekong summit in Hanoi in June last year.

So far, a total of 11 big Vietnamese groups have become members of the WEF. They have joined activities of the forum which helps them network and learn experience from other members.
WEF Davos 2017 includes 446 sessions, focusing on promoting global economic growth, embracing inclusive growth, measures to take advantage of the fourth on-going industrial revolution, and shaping global cooperation orientations to effectively tackle issues related to peace, development and humanity, migration and the environment.

The event will include nearly 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 engaging businesses, politicians, academics and other leaders of society to shape global, regional and industrial agendas.-VNA