PM Nguyen Xuan Phuc receives WEF Executive Chairman

Prime Minister Nguyen Xuan Phuc meets with the Founder and Executive Chairman of the World Economic Forum Klaus Schwab on Wednesday.-VNA/VNS Photo Thong Nhat

He appreciated the WEF’s close co-ordination in working with Viet Nam to build the theme, content, and agenda of the WEF ASEAN, stressing that this forum’s theme – “ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution” – matched global trends, suited ASEAN countries’ interests, and was associated with the “Resilience and Innovation” ASEAN focus for 2018.

The Government leader asked the WEF to support Viet Nam’s ideas and initiatives in terms of promoting ASEAN-WEF co-operation.

He also thanked Schwab for supporting the implementation of the WEF’s co-operation agreement with Viet Nam, noting that the country had many advantages and is making efforts to grasp opportunities arising from Industry 4.0.

PM Phúc called on the WEF to actively assist and advise Viet Nam on how to improve its readiness to effectively participate in Industry 4.0.

At the meeting, Schwab said he was happy to return to Viet Nam and was impressed with the fast development and spectacular changes that had taken place.

He thanked the Vietnamese Government for supporting and working closely with the WEF to prepare for the upcoming forum, expressing his belief that the event would be successful.

The chairman spoke highly of the co-operation agreement signed with Viet Nam at the WEF in Davos in 2017 and noted that Viet Nam was the first country in the region that the WEF had signed a co-operation deal with.

The WEF would continue working with Viet Nam to realise this agreement to ready the country and increase its participation in the Fourth Industrial Revolution, he said.

It would also continue to co-operate with the global business community, including the world’s leading enterprises – of whom many are WEF members, Schwab added.