Vietnam's Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation will attend the 54th annual World Economic Forum (WEF) gathering in Davos, Switzerland and pay an official visit to Hungary and Romania from January 16 to 23.

The top Vietnamese leader’s trips take place at the invitation of WEF founder and chair Klaus Schwab, Hungarian Prime Minister Viktor Orban, and Romanian Prime Minister Marcel Ciolacu.

The 54th annual WEF, which runs from January 15 to 19, is set to focus on 'Rebuilding Trust’ amid global challenges, including geopolitical tensions, climate change, and technological advances.

The WEF gathering will welcome over 100 governments, major international organizations, and the forum’s 1,000 partner companies, alongside civil society leaders, experts, youth activists, social entrepreneurs, and the media. 

The event will also be attended by French President Emmanuel Macron, Chinese Prime Minister Li Qiang, European Commission President Ursula von der Leyen, U.S. Secretary of State Antony Blinken, and U.S. National Security Adviser Jake Sullivan.

Other participants include Ajay S. Banga, president of the World Bank Group; Fatih Birol, executive director of the International Energy Agency; Cindy H. McCain, executive director of the World Food Program; Mohammad Abdulla AlGergawi, UAE Minister of Cabinet Affairs; and Mirjana Spoljaric Egger, president of the International Committee of the Red Cross.

Vietnam and Hungary established diplomatic relations in 1950. Two-way trade reached US$1.2 billion in 2022, nearly double the figure recorded in 2018, when the two nations upgraded their ties to a comprehensive partnership, reported Thanh Nien (Young People) newspaper.

Vietnam and Romania have been fostering their multifaceted cooperation, seeing bilateral trade total $425 million in 2022, a 14.8-percent year-on-year increase.

Romania is home to some 700,000 Vietnamese.

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