Deputy PM Vương Đình Huệ concludes activities in Davos

Deputy Prime Minister Vương Đình Huệ yesterday concluded activities at the 48th Annual Meeting of the World Economic Forum (WEF), in Davos, Switzerland, contributing to improving Việt Nam’s stature in a global forum and rallying foreign support for the country’s development.

Deputy Prime Minister Vương Đình Huệ meets Director General of the International Labour Organisation Guy Ryder in in Davos, Switzerland yesterday.  — VNA/VNS Photo Hoàng Hoa

DAVOS — Deputy Prime Minister Vương Đình Huệ yesterday concluded activities at the 48th Annual Meeting of the World Economic Forum (WEF), in Davos, Switzerland, contributing to improving Việt Nam’s stature in a global forum and rallying foreign support for the country’s development. 

Speaking at a dialogue with global leaders about pooling financial resources for sustainable development, Huệ said governments should refine mechanisms, attract private investment in social fields and step up integration and economic connectivity to pool foreign capital for the healthy development of education-training, health care, environment and energy. 

According to him, Việt Nam is accelerating private involvement in education, health care and environment. 

Meeting President of Guinea Alpha Condé on the sidelines of the WEF meeting, Huệ wished that Việt Nam and Guinea will develop their ties. 

Condé said the two countries have potential for ties across agriculture and telecommunications and hoped to visit Việt Nam in the near future to expand links. 

In a meeting with Queen Maxima of the Netherlands, Huệ lauded her advice about promoting inclusive finance development.

He suggested that the Queen, in her capacity as United Nations Secretary General’s Special Advocate for Inclusive Finance for Development, pool financial and technical resources from the UN and international organisations to assist Việt Nam in inclusive finance development. 

During a reception for Argentine Foreign Minister Jorge Faurie, Huệ asked both sides to maintain the exchange of all-level visits by ministries, agencies, localities and businesses to raise mutual understanding and deepen bilateral relations. 

Talking with European Commissioner for Trade Cecilia Malmstrom, Huệ called for the early signing and ratification of the European Union–Việt Nam Free Trade Agreement to enhance bilateral economic-trade ties. 

In a conversation with Director General of the International Labour Organisation Guy Ryder, the Vietnamese Deputy PM affirmed that Việt Nam would deliver commitments on social insurance and wage reform once joining FTAs. Ryder vowed to support Việt Nam in the field. 

Chief Executive of Unilever Paul Polman expressed his respect for Việt Nam’s high economic growth. Meanwhile, Chief Executive of the Standard Chartered Bill Winters committed to promoting financial technology development and joining the equitisation of banks in Việt Nam. 

A representative of Avaada Company expressed interest in investing in power projects in Việt Nam while Puma Energy Company wished to become a strategic shareholder of energy firms in the country. 

In a dialogue with financial and technological enterprises, Huệ said Việt Nam is determined to build a disciplined, transparent, action-minded, creative and efficient government. 

Việt Nam will deliver commitments with the Word Trade Organisation, facilitate trade in goods in ASEAN, realise signed free trade agreements, as well as accelerate the early ratification of the Việt Nam – EU Free Trade Agreement and the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, he said. 

He stated that Việt Nam will create favourable conditions for foreign firms to do long-term business in the country. 

Huệ also wished that more leading groups would attend the WEF meeting on ASEAN slated for September 2018 in Hà Nội. — VNS

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