Prime Minister Nguyen Tan Dung has said Vietnam hopes the World Economic Forum (WEF)’s member nations will continue making active contributions to bringing peace, stability, cooperation and prosperous development to the Asia-Pacific region.

PM Dung voiced the desire during his May 22 meeting with WEF Chairman, Professor Klaus Schwab on the fringes of the ongoing WEF on East Asia 2014 in the Philippines.

The PM said Vietnam is working to better its economic institutions and change its growth model towards building a competitively green economy in connection with social equality.

For his part, Professor Schwab praised Vietnam’s initiative on the Public-Private Partnership (PPP) for building an ASEAN economic community, affirming that his agency will work closely with Vietnam to deploy several projects on agriculture and customs in the coming time.

The chairman also expressed his concern about the recent developments in the East Sea, saying that he hopes the WEF will serve as a channel for dialogue to solve the issues.-VNA