Deputy Minister of Foreign Affairs Nguyen Minh Vu talks with media on the significance of the national strategic dialogue between Vietnam and the World Economic Forum (WEF), co-chaired by Prime Minister Pham Minh Chinh and WEF Founder and Executive Chairman Klaus Schwab on October 29. (Photo: VNA) Hanoi (VNA) – Deputy Minister of Foreign Affairs Nguyen Minh Vu hasshared the significance of the national strategic dialogue between Vietnam andthe World Economic Forum (WEF), co-chaired by Prime Minister Pham MinhChinh and WEF Founder and Executive Chairman Klaus Schwab on October 29.
The first event of its kind took the theme "Enhancingpublic-private partnership: Key motivation for comprehensive recovery andinclusive, sustainable development and innovation", attracting nearly 70global corporations, especially those working in fields that match Vietnam’sdevelopment priorities such as technology, health care, smart solutions andrenewable energy.
Vu said the event took place at a time when theworld economy is recovering in many areas and the COVID-19 has been graduallyunder control.
It provided a platform for theVietnamese Government to share economic recovery plans, thus boosting cooperationbetween the Government, localities and leading corporations in restoring production and trade, especially in industrial and economic zones at presentand in the near future, he said.
According to him, it also afforded theVietnamese PM a chance to extend a policy message to the global businesscommunity that the Vietnamese Government is stepping up business recovery in the newnormal as well as long-term plans on economic reform.
The Vietnamese leader was also able to learnabout difficulties faced by foreign investors, thus drawing high-qualityforeign investment to Vietnam and tapping the trend of relocating investments and supply chainsover the past time, he said.
Vu informed that the Vietnamese Governmentand the WEF established bilateral ties in 1989. Vietnam is one of the countriesto regularly join annual activities of the WEF in Davos. Both sides devised long-termcooperation plans and recently held joint events, notably the WEF on ASEAN 2018in Vietnam, which was hailed as a success.
At the event (Photo: VNA)
The deputy minister said the WEF praises Vietnam as a dynamic economy which always shows its commitments torenovation and reform.
The WEF could bring Vietnam closer to theworld’s leading investors and businesspeople to join in its economy, he added.
In his view, Vietnam needs policyconsultations from the WEF to update new ideas and mindsets in directing socio-economicdevelopment./.
