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May 11, 2017 / 14:52

PM Phuc leaves Hanoi for WEF-ASEAN in Phnom Penh

Vietnamese Prime Minister Nguyen Xuan Phuc left Hanoi to Phnom Penh, Camobodia on May 11 to attend the World Economic Forum on ASEAN (WEF-ASEAN) at the invitation of the Cambodian PM Samdech Techo Hun Sen and WEF Executive Chairman Klaus Schwab.


Under the title “Youth, Technology and Growth: Securing ASEAN’s Digital and Demographic Dividends”, the WEF-ASEAN 2017 focuses on assessing ASEAN’s development and integration and problems the bloc will face in the time ahead. Other issues on the agenda are ASEAN’s position in the new global geopolitical and economic context, the prospect of the ASEAN Economic Community, and impacts of the Fourth Industrial Revolution on ASEAN countries.

Vietnam and the WEF began their cooperative relationship in 1989. Since then, the WEF has become an important dialogue forum between Vietnamese Government leaders and the world’s leading enterprises.

Currently, eleven  Vietnamese businesses are members of the WEF, including military-run telecommunications group Viettel, FPT Corporation, VinGroup, VinaCapital, the Vietnam Posts and Telecommunications Group (VNPT), the Join Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), and Saigon Invest Group.