Deputy PM joins WEF discussions
Deputy Prime Minister Le Minh Khai joined activities at the 52nd World Economic Forum (WEF) in Davos, Switzerland, on May 23-24.

Deputy Prime Minister Le Minh Khai joined activities at the 52nd World Economic Forum (WEF) in Davos, Switzerland, on May 23-24.

At the ‘A Digital ASEAN for All’ session and dialogue between leaders regarding self-reliant economies for sustainable development, chaired by WEF President Borge Brende, Khai shared Vietnam’s viewpoints and development direction including sustainable development in science-technology, innovation and digital transformation.

Deputy Prime Minister Le Minh Khai attends the ‘A Digital ASEAN for All’ session__Photo: VNA

Vietnam welcomes and stands ready to create optimal conditions for foreign organizations and firms to join hands with the Vietnamese Government and businesses to promote digital economic development through human resources training, technology transfer, research development and innovation, he said.

He underlined that digital transformation, combined with sustainable development, must be carried out on three levels.

International cooperation must be bolstered at the global level to support developing nations to narrow the digital gap and ensure that no one is left behind. Global and multilateral mechanisms and frameworks are needed to manage emerging issues related to the digital economy.

A digital ecosystem must be built at the national level, including digital institutions, infrastructure, management, and personnel. Public-private partnerships need to be strengthened to maximize stakeholder engagement.

Businesses have to take advantage of digital technology and data to improve productivity and competitiveness, use energy efficiently and develop green products, thereby creating momentum for sustainable development.

Bilateral meetings

Deputy PM Khai had a meeting with Lithuanian President Gitanas Nauseda, during which the two sides affirmed that they treasure the traditional friendship between Vietnam and Lithuania.

As the two countries celebrate the 30th anniversary of their diplomatic relationship this year, Khai suggested that the two sides make the best use of bilateral cooperative mechanisms and coordinate to hold trade promotion events to bolster economic ties.

He thanked Lithuania for its support of the Vietnam-EU Free Trade Agreement (EVFTA) and for being among the first countries to ratify the EU-Vietnam Investment Protection Agreement.

President Nauseda asked Vietnam to facilitate Lithuanian enterprises’ access to the Vietnamese market and the Southeast Asian region.

Meeting with Federal Councillor Guy Parmelin, the head of the Federal Department of Economic Affairs, Education and Research of Switzerland, Deputy PM Khai suggested that the two countries intensify measures to restore their economic ties, especially in fields where Switzerland has strength, such as finance-banking, insurance, manufacturing, pharmaceuticals, farm produce processing and tourism.

Parmelin said he hoped the two countries would continue to push ahead with negotiations on a free trade agreement between the EFTA and Vietnam. He affirmed that Switzerland would soon hold a discussion with Vietnam for the early conclusion of the FTA, thus promoting the sustainable development of bilateral trade ties.

In another meeting, Deputy PM Khai and Peruvian Foreign Minister César Rogrigo Landa noted their joy at developing bilateral ties between the two countries, particularly in economics-trade-investment. They said that Vietnam’s Bitel project in Peru and Peru’s investment in beverage and tourism in Vietnam was operating effectively.

While receiving OECD Secretary-General Mathias Cormann, the Vietnamese Deputy PM proposed that OECD continue assisting Vietnam in its program for socio-economic recovery, especially in areas where OECD has strengths such as economic restructuring, growth model renewal and innovation, stock market management, State-owned enterprise governance and anti-corruption.

Cormann said that Vietnam was among the most important partners of the OECD in Southeast Asia. He pledged that the organization would work closely with Vietnam to help the country realize its development goals.

At another meeting with Minister-President of Flanders Jan Jambon, Deputy PM Khai noted the development trend of Vietnam-Belgium ties and that the region was a significant development partner of the Mekong River Commission.

The Vietnamese Government official expressed his hope that the two sides would continue to join hands for the early approval of the EVIPA by Belgian agencies. He urged Belgium and the EU to promote investment in the Mekong River region and the Mekong Delta in smart agriculture, climate change adaptive irrigation, green infrastructure and human resources training.

The Minister-President of Flanders pledged to work for the early ratification of the EVIPA and promote the region’s cooperation with Vietnam in fields of the region’s strength, for example, agriculture, maritime trade, education, science-technology, water resources management, and climate change adaptation.- (VLLF)

back to top