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WEF ASEAN among Vietnam’s largest diplomatic events in 2018: Deputy FM

The World Economic Forum on ASEAN (WEF ASEAN) is one of the largest multilateral diplomatic events hosted by Vietnam this year, according to Deputy Foreign Minister Bui Thanh Son.
WEF ASEAN among Vietnam’s largest diplomatic events in 2018: Deputy FM ảnh 1Deputy Foreign Minister Bui Thanh Son, head of the organising board of  the WEF ASEAN (Photo: VNA)

Hanoi (VNA) – The World Economic Forum on ASEAN (WEF ASEAN) is one of the largest multilateral diplomatic events hosted by Vietnam this year, according to Deputy Foreign Minister Bui Thanh Son.

The WEF ASEAN, scheduled to take place in Hanoi from September 11 to 13, is expected to receive high-ranking government representatives, nearly 1,000 executives of regional- and world-leading corporations and hundreds of reporters from global and regional media outlets to cover the event.

Son, head of the organising board of the event, said that the WEF ASEAN is taking place as the construction of the ASEAN Community has been accelerated, with the world witnessing rapid and complicated developments, along with the fourth industrial revolution impacting the global economy.

He said the theme of the forum “ASEAN 4.0: Entrepreneurship in the fourth industrial revolution” proposed by Vietnam, has gained support of political and business circles and partners, especially ASEAN members, as it is relevant to the ASEAN theme of “resilient and innovative ASEAN”.

It also shows the solidarity, dynamism and self-reliance of ASEAN countries in taking advantage of and overcoming challenges from Industry 4.0.

The participation of leaders from various countries and major international organisations, along with the WEF founder and executive chairman, affirms Vietnam’s increasing position in ASEAN and the world, especially after the country’s successful organisation of the APEC in 2017.

The WEF ASEAN will deepen relations between Vietnam and other countries in the region, Son added. A number of meetings and official visits of foreign leaders to Vietnam will be made during the event to bolster bilateral ties and collaboration.

With the participation of nearly 1,000 international business executives, the WEF ASEAN also offers chances to introduce Vietnam to the world, along with the policies of the Vietnamese Party and State in economic reform, improvement of business climate and start-up development, among others.

In addition, the forum will facilitate access to new ideas and to development trends, particularly of Industry 4.0, serving the country’s building and implementation of policies, strategies and plans on socio-economic development and domestic businesses’ operation.

The WEF ASEAN is also a festival of ASEAN countries. The organising board has dedicated a space for ASEAN countries to promote themselves, which is a new point in WEF events so far.

The WEF was established in 1971 as a non-profit foundation and is headquartered in Geneva, Switzerland. The forum engages political, business and other leaders to shape global, regional and industry agendas.

Founded in 1967, ASEAN groups together Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.-VNA

VNA

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Party General Secretary and State President To Lam's article marking the 101st anniversary of Vietnam Revolutionary Press Day, PM Le Minh Hung's participation in the ASEAN – Russia Commemorative Summit, and the 14th National Congress of the Vietnam Women's Union are among news highlights on June 18.

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National Assembly Chairman Tran Thanh Man said on June 18 that women should not only participate in the process but also become one of the key forces shaping the country’s future.

Le Thi Thuy, President of the Vietnam Women’s Union (VWU) for the 14th tenure, affirmed that in response to the country’s development requirements in the new era, the Central Committee and Standing Board of the VWU will continue to uphold the tradition of solidarity and unity, and make every effort to lead and coordinate the successful implementation of the Resolution of the 14th National Women’s Congress.

President of the International Fund for Agricultural Development (IFAD) Alvaro Lario affirmed that IFAD attaches importance to its cooperation with Vietnam and appreciates the country’s proactive and responsible engagement within IFAD, including its participation in the Fund’s replenishment cycles.

Le Thi Thuy, Vice President of the Vietnam Fatherland Front Central Committee and President of the Vietnam Women's Union (VWU), highlighted the significant achievements recorded by the Union and women's movements during the previous term, saying Vietnamese women have continued to demonstrate resilience, creativity, intellectual capacity and a strong commitment to national development.

Two-way trade has continued to grow, with Russia exporting products such as fertilisers and potash to Vietnam, while importing Vietnamese goods including garments-textiles and coffee. However, both sides agreed that overall trade turnover remains modest relative to the potential and the level of the comprehensive strategic partnership between the two countries.

PM Le Minh Hung's activities as part of his trip to attend the ASEAN-Russia Commemorative Summit in Russia, and a meeting of the permanent members of the Steering Committee for reviewing 100 years of the Party’s leadership of the revolution are among news highlights on June 17 evening.

The PM lauded the role and highly effective activities of the Union of Vietnamese Organisations in Russia, along with business associations, fellow-countrymen associations, professional associations, and community organisations, in uniting the community, protecting their rights and legitimate interests, upholding national cultural identity, and maintaining bonds with the homeland.

Vietnam today is one of the most dynamic economies in the world, and Russian businesses increasingly view the country as a gateway to the broader ASEAN market of more than 680 million consumers, said Russian Minister of Economic Development Maxim Reshetnikov.