Prime Minister Pham Minh Chinh, his spouse, and their entourage left Hanoi on Tuesday to attend the 54th Annual Meeting of the World Economic Forum (WEF-54) in Davos, Switzerland, and visit Hungary and Romania from January 16 to 23.

The PM is accompanied by Minister of Foreign Affairs, Minister of Planning and Investment, Minister of Industry and Trade, Minister of Education and Training, Minister of Science and Technology, and Governor of the State Bank of Vietnam, among other high-ranking officials.

This is the first overseas business trip by the Vietnamese government chief and his wife this year.

The WEF-54 commenced on Monday and will last until Friday with the theme of 'Rebuilding Trust,' bringing together more than 2,800 leaders from 120 countries.

PM Chinh is slated to attend the event from January 16 to 18, at the invitation of WEF founder and president Klaus Schwab.

Vietnam is among the nine partners suggested by the WEF to co-organize a Country Strategic Dialogue, and PM Chinh is one of the eight leaders chosen for a separate dialogue session with the forum.

This reflects the interest, recognition, and appreciation demonstrated by the WEF and multinational corporations for Vietnam's international role, position, as well as its achievements and development visions.

The Vietnamese leader is scheduled to attend and speak at all important WEF discussion sessions, including some special panels dedicated to Vietnam.

He will also chair discussions with representatives of the world’s leading corporations, and have bilateral meetings with leaders of countries and international organizations.

The event provides a valuable opportunity to grasp the world's new ideas, concepts, development models, and trends, allowing Vietnam to make the best use of opportunities and new trends, effectively respond to arising challenges, and attract more external resources for the country's socio-economic development, said Vietnamese Deputy Minister of Foreign Affairs Nguyen Minh Hang. 

This is also an ideal time for PM Chinh to present Vietnam’s socio-economic achievements, national development strategies, and foreign policies, while at the same time conveying a strong message about a dynamic and innovative Vietnam as an attractive investment destination for global corporations.

From the experience of Vietnam and ASEAN, the prime minister will propose both immediate and long-term solutions for strengthening international solidarity, rebuilding trust, and promoting cooperation between countries, Deputy Minister Hang said.

Vietnam will also highlight its responsible contributions to handling global challenges, especially in areas where the country has strengths such as food security, smart agriculture, adaptation to climate change, and just energy transition, she added. 

After attending the WEF-54, PM Chinh will pay official visits to Hungary and Romania at the invitation of his Hungarian and Romanian counterparts Viktor Orbán and Marcel Ciolacu, respectively, from January 18 to 23. 

The visits are aimed at further strengthening political trust, expanding traditional cooperation areas, exploring cooperative potential in fields of each other’s strength, and deepening the friendship between the peoples of Vietnam and the two European countries, Hang stated. 

During the trips, PM Chinh will have talks with senior leaders of Hungary and Romania, visit localities, universities, research centers, businesses, the Vietnam Friendship Associations in Hungary and Romania, and meet representatives of the Vietnamese communities in the two countries.

These visits aim to strengthen the ties between Vietnam and the Central and Eastern Europe region, as well as enhance relations between Hungary, Romania, and ASEAN countries, Hang remarked.

The goal is to facilitate close coordination in addressing global issues, thereby contributing to peace, stability, cooperation, and development in both the regions and the world, she added.

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