Prime Minister leaves for WEF-ASEAN in Phnom Penh

A Vietnamese delegation led by Prime Minister Nguyen Xuan Phuc left Hanoi on May 11^th morning to attend the World Economic Forum on ASEAN (WEF-ASEAN) in Phnom Penh, Cambodia.

Prime Minister Nguyen Xuan Phuc. (Photo: VNA)

The participation is made at the invitation of the Cambodian Prime Minister Samdech Techo Hun Sen and WEF Executive Chairman Klaus Schwab.

The WEF-ASEAN 2017 is themed “Youth, Technology and Growth: Securing ASEAN’s Digital and Demographic Dividends”.

It will focus on assessing ASEAN’s development and integration and problems the bloc will face in the time ahead. Other issues on the agenda are ASEAN’s position in the new global geopolitical and economic context, the prospect of the ASEAN Economic Community, and impacts of the Fourth Industrial Revolution on ASEAN countries.

Vietnam and the WEF began their cooperative relationship in 1989. Since then, Senior leaders of Vietnam have regularly attended the WEF Annual Meeting in Davos and the WEF on East Asia. WEF Managing Director Philipp Roesler visited the country in November 2014, July 2015 and April 2016.

After nearly three decades, the WEF has become an important dialogue forum between Vietnamese Government leaders and the world’s leading enterprises.

There are 11 Vietnamese businesses which are members of the WEF, including military-run telecommunications group Viettel, FPT Corporation, VinGroup, VinaCapital, the Vietnam Posts and Telecommunications Group (VNPT), the Join Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), and Saigon Invest Group.

At the event, Cambodia will hand over the hosting of the WEF-ASEAN 2018 to Vietnam./.

VNF/VNA