Log in
Business

Prime Minister set to attend WEF forum in China

Prime Minister Pham Minh Chinh is scheduled to attend the World Economic Forum's (WEF) 15th Annual Pioneers Meeting in China next week.

At the invitation of Chinese Premier Li Qiang and WEF Founder and Executive Chairman Klaus Schwab, Prime Minister Pham Minh Chinh is scheduled to participate in the 15th Annual Meeting of the New Champions in Dalian, Liaoning Province, and conduct official visits in China from June 24-27, according to a statement from the Ministry of Foreign Affairs.

 Prime Minister Pham Minh Chinh. Photo: VGP

The Annual Meeting of Champions, co-organized by the WEF and the Chinese Government, is the second largest event after the annual meeting in Davos, Switzerland. This year's event will bring together over 1,500 senior leaders from governments, businesses, social and international organizations, as well as entrepreneurs, inventors, and scholars from various fields to discuss solutions for the global economy.

This year's conference, themed "New Frontiers for Growth," comes at a time when the latest economic forecasts indicate the global economy is entering a "soft landing" phase. Economic growth is recovering, inflation is decreasing, and the rapid advancement of technologies like artificial intelligence (AI) is driving development across all economic sectors.

However, WEF suggested that risks and tensions still persist, as such, only through the participation and cooperation of all stakeholders at all appropriate levels can the world unlock new growth frontiers.

In June 2023, Prime Minister Chinh made an official visit to China and attended the 14th Annual Meeting of the New Champions held in Tianjin.

During his visit, the Prime Minister discussed challenges hindering global and Vietnamese economic growth, such as the global economic downturn, rising inflation, difficulties in people's livelihoods, the aftermath of Covid-19, geopolitical competition, protectionism, and conflicts threatening global food and energy security.

Reactions:
Share:
Trending
Most Viewed
Related news
Miền Bắc, Hà Nội thay đổi hình thái thời tiết, nồm ẩm sắp quay trở lại

Miền Bắc, Hà Nội thay đổi hình thái thời tiết, nồm ẩm sắp quay trở lại

Kinhtedothi - Trung tâm Dự báo khí tượng thủy văn Quốc gia cho biết, dự báo thời tiết hôm nay 19/3, hình thái thời tiết ở miền Bắc có sự thay đổi sau những ngày đón không khí lạnh tăng cường.

Hanoi Metro partners with ride-hailing providers for public transport convenience

Hanoi Metro partners with ride-hailing providers for public transport convenience

The cooperation aims to improve traffic management and develop smart transportation services in Hanoi, contributing to the progress of urban railway lines in Vietnam.

Local banks cut interest rates in response to PM’s request

Local banks cut interest rates in response to PM’s request

The rate cuts come in response to the Prime Minister’s directive to inspect and review banks that have recently increased deposit rates.

Hanoi revises up GRDP growth target to 8% in 2025

Hanoi revises up GRDP growth target to 8% in 2025

The city is committed to streamlining its organizational structure to be more efficient while ensuring that reforms do not disrupt residents or business operations.

Standards challenge Vietnamese exports amid tighter market regulations

Standards challenge Vietnamese exports amid tighter market regulations

Vietnam lacks specific standards for key agricultural export products, complicating outreach and inspection efforts.

Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief

Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief

A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.

Vietnam set to have digital banks within financial centers

Vietnam set to have digital banks within financial centers

Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.

Government-backed waste management startups to be launched

Government-backed waste management startups to be launched

By 2030, each province will have at least five models of senior-led waste collection and sorting.