Prime Minister Pham Minh Chinh to share Viet Nam visions at WEF 2024

Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Viet Nam to the United Nations, WTO and other international organizations in Geneva said Prime Minister Pham Minh Chinh’s participation at the WEF-54 will provide a chance for Viet Nam to share ideas, commitments and solutions to realize the country’s strategy on sustainable socio-economic development and international integration.

She said that the Vietnamese Government leader will join the main sessions, including a WEF Country Strategic Dialogue on Viet Nam, a policy dialogue of Viet Nam and a discussion with some ASEAN countries on promoting the role of global cooperation in ASEAN.

As scheduled, the Prime Minister will also join leaders of countries, international organization and multi-national businesses at a WEF session on recovering confidence on the global system.

The Vietnamese leader will address several other events, including a seminar on attracting investment in the semiconductor industry, and another on experience and development models of international financial centers with the participation of leading Swiss financial groups.

On the sidelines of the forum, Prime Minister Pham will hold bilateral meetings with leaders of some countries and international organizations to discuss regional and international issues of shared concern, and strengthen connectivity with partners.

The Vietnamese leader will directly tell leaders of states, international organizations and multi-national enterprises about Viet Nam’s efforts to renovate the growth model, promote green economy, reduce greenhouse gas emissions, speed up innovation and digital transformation on an equal and inclusive principle and enhance capacity to deal with climate change, showing the country’s determination and attempts to deliver on the commitment it had made at the 26th UN Climate Change Conference (COP26) to achieve net-zero emission by 2050.

The Vietnamese Prime Minister is expected to have a meeting with WEF Founder and Executive Chairman Klaus Schwab, during which they will witness the signing of a memorandum of understanding on cooperation between Viet Nam’s Ministry of Labor, Invalids and Social Affairs and WEF on developing innovation and green transition skills, and a deal between the People’s Committee of Ho Chi Minh City and the WEF on collaboration in establishing a Fourth Industrial Revolution Centre.

Active and responsible partner of WEF

During more than 30 years of cooperation with the WEF, Viet Nam has always been an active and responsible member and a reliable partner. The cooperation is also expanding.

The WEF and Professor Klaus Schwab personally attached great importance to and highly value the role and position of Viet Nam.

The two sides have cooperated in macro policy consultations, reducing plastic waste, promoting sustainable agriculture, narrowing the labor skills gap and speeding up digital transformation.

Viet Nam's cooperation with the WEF through programs and projects and participation in WEF meetings as well as hosting a number of the forum's events have helped the country attract more investment, promote the image of the nation, foster collaboration with many global enterprises and update on new trends and advanced development-governance practices.

Last year, Prime Minister Pham Minh Chinh and Professor Klaus Schwab, the founder and executive chairman of the WEF witnessed the signing of a memorandum of understanding (MoU) between Viet Nam and the WEF.

The MoU aims to promote cooperation between Viet Nam and the WEF in the new phase, with a focus on six key areas: innovation in agriculture, green transformation, net-zero goals, reducing waste and plastic, transition to renewable energy, digital transformation, and the establishment of the Fourth Industrial Revolution Center./.