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| Prime Minister Pham Minh Chinh witnessed the signing of the Vietnam-WEF MOU for the 2023-2026 period at WEF Tianjin, June 26, 2023. (Source: VGP) |
At the invitation of the Founder and Chairman of the World Economic Forum (WEF), Prime Minister Pham Minh Chinh will attend the 54th WEF Annual Meeting from January 15-19 in Davos, Switzerland.
Future-oriented efforts
Ambassador Le Thi Tuyet Mai - Head of the Permanent Mission of Vietnam to the United Nations, the World Trade Organization and other international organizations in Geneva commented that with the theme "Rebuilding trust", WEF 2024 has special meaning and importance.
At the Conference, the Prime Minister delivered important speeches, presenting ideas and policy thinking to develop the socio-economy and improve people's lives in the current important period, contributing to the success of the Conference. The Prime Minister will share the country's vision at the dialogue and discussion sessions of the Conference, including the Vietnam-WEF National Strategy Dialogue with leading WEF corporations on the topic "Next Horizon: Promoting transformation, opening up new growth drivers in Vietnam", the Policy Dialogue "Vietnam: Orienting a global vision" and the discussion session with a number of ASEAN leaders on "Promoting the role of global cooperation in ASEAN".
The Head of Government will attend a working session of world leaders on “Restoring confidence in the global system” with the participation of leaders of countries, international organizations and multinational corporations. In addition, the Prime Minister will speak at a number of important seminars on attracting investment in the semiconductor sector, on experience and models for developing international financial centers with the participation of leading Swiss financial corporations. The above topics are all key issues in the agenda of the Conference, receiving much attention from countries as well as the international business community, and are also priority areas in Vietnam's development strategy.
Also at WEF 2024, Prime Minister Pham Minh Chinh will have bilateral meetings with leaders of a number of countries and international organizations to further discuss global and regional issues of mutual concern, share policies and experiences, as well as strengthen connectivity activities and expand partnerships.
According to Ambassador Le Thi Tuyet Mai, attending WEF Davos 2024 is an opportunity for Vietnam to directly convey to leaders of countries, international organizations, and multinational companies Vietnam's strong commitment and solutions to implementing the strategy of sustainable socio-economic development and international integration, including the process of continuing to strongly innovate the growth model, develop a green economy, reduce greenhouse gas emissions, promote innovation and digital transformation on the principles of equality, inclusion, and enhance resilience, demonstrating Vietnam's determination in its efforts to fulfill its commitment at COP26 - to bring net emissions to zero by 2050. This is an important opportunity for Vietnam to promote its role as an active partner of the international community, ready to join hands to solve global issues and strive to shape the future by proposing ideas and policy thinking to develop the economy - society, improve people's lives in the country. This important stage contributes to the success of the WEF Davos 2024 Conference.
The Prime Minister's participation and contributions at WEF Davos 2024 show that Vietnam always attaches importance to its partnership with WEF, while affirming its role, position and prestige in the international arena. With its achievements, business and investment environment as well as its current socio-economic development strategy, Vietnam continues to be a destination highly appreciated by WEF, leaders of global enterprises and international organizations in business development and cooperation.
Unleashing Vietnam-Hungary potential
From January 19-21, Prime Minister Pham Minh Chinh will officially visit Hungary, one of Vietnam's friends for more than seven decades. Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao said that this is the first official visit to Hungary by a Vietnamese Prime Minister after 15 years. This is also the first Prime Minister-level meeting since the two countries upgraded their relations to Comprehensive Partnership in 2018 and Prime Minister Pham Minh Chinh is the first high-ranking guest to be officially welcomed by host country Prime Minister Viktor Orban in 2024.
In the context of the general difficulties of the world economy, geopolitical instability and despite the geographical distance, the visit aims to affirm the importance of the relationship between Vietnam and Hungary, the only Central Eastern European country with a comprehensive partnership with us, to consolidate political trust, maintain high-level contacts, exchange measures to deepen political and diplomatic relations, strengthen cooperation in multilateral forums, promote cooperation in traditional areas such as economics - trade - investment, defense - security, development cooperation, education - training, health, environment, culture - tourism, etc. At the same time, the visit will promote cooperation in potential areas such as high-tech agriculture, renewable energy, labor, technology - information, digital transformation, green transformation, etc.
The two Prime Ministers will discuss measures to support and promote Vietnam-EU and ASEAN-EU cooperation in the context that Hungary will hold the rotating presidency of the European Council in the second half of 2024, showing that Vietnam is ready to act as a bridge for Hungary to enter the ASEAN market, and hopes that Hungary will be a gateway for Vietnamese goods to penetrate the regional market. The visit is an important milestone in the overall policy of the Party and State to continue implementing the foreign policy set forth by the 13th National Party Congress on independence, self-reliance, diversification, multilateralization, and demonstrating respect for Vietnam's traditional friends.
Ambassador Nguyen Thi Bich Thao said that during the visit, the two Prime Ministers will witness the signing of cooperation documents in a number of areas such as diplomacy, culture, water management, cooperation between universities of the two countries, etc. The Prime Minister will also attend the Vietnam-Hungary Business Forum, meet with the business communities of the two countries, promote finding solutions to strengthen economic and investment cooperation; visit the Embassy and meet with the Vietnamese community in Hungary. The Prime Minister will visit Hungarian enterprises, speak at the Hungarian National University of Public Administration, sending a strong political message, affirming that Vietnam is a reliable and responsible partner, contributing to peace, stability and development in the region and the world.
Regarding two-way trade, the Ambassador said that this is one of the bright spots in the bilateral relationship, achieving impressive growth, from 354 million USD in 2017 to over 1.2 billion USD in 2022. Vietnam is always in the top of Southeast Asian countries exporting to Hungary. The Ambassador believes that with the close attention of senior leaders and the practical and effective work content, Prime Minister Pham Minh Chinh's visit will create new developments to promote the Comprehensive Partnership to become increasingly stable and sustainable, bringing practical benefits to the people of the two countries.
Making a new push with Romania
As Prime Minister, returning to the beautiful country of Romania, where the head of the Vietnamese Government once studied, researched and worked, the visit will certainly bring him special emotions.
According to Vietnamese Ambassador to Romania Do Duc Thanh, the visit affirms that Vietnam continues to attach importance to the traditional friendship and multifaceted cooperation between the two countries, which has been painstakingly built and nurtured since the two countries established diplomatic relations 74 years ago.
With valuable support and assistance to each other, over the years, that relationship has continued to be demonstrated at international forums, in the signing and ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), in the fight against the Covid-19 pandemic, in the evacuation of Vietnamese citizens from the conflict in Ukraine as well as in supporting the Vietnamese community living, working and studying in Romania.
Prime Minister Pham Minh Chinh's visit to Romania has aroused untapped potentials, creating a "push" for the substantive relationship between the two countries, for the benefit of each side, regaining momentum after a period of stagnation due to the impact of the Covid-19 pandemic, the complicated situation in the region, the world as well as the difficulties of the global economy. That is the expectation and belief not only of the Ambassador himself, but also of many Romanian friends who love Vietnam and Vietnamese friends who love Romania, placing in this visit of the Prime Minister, Ambassador Do Duc Thanh affirmed.
The Ambassador said that during the visit, the Prime Minister will discuss with Romanian leaders measures to continue promoting and boosting cooperation, especially in areas with great potential. In particular, Prime Minister Pham Minh Chinh and Prime Minister Ion-Marcel Ciolacu will open the Vietnam-Romania Business Forum, meet with the business community, witness the signing of a series of cooperation documents, visit economic establishments, schools, research institutes, meet with some Romanian friends and the Vietnamese community...
Following the success and results achieved from a series of bilateral visits and international forums by the Head of Government in 2023, we have every reason to expect that the Prime Minister's visit will open up new, more practical and effective cooperation opportunities with WEF partners and long-time friends Hungary and Romania.
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