Chinese scholar commends Vietnamese PM’s role in world economy
The fact that Vietnamese Prime Minister Pham Minh Chinh has been invited to the World Economic Forum (WEF) Annual Meeting of the New Champions in China for two consecutive years demonstrates Vietnam's important role in the forum and the country’s prominent priority in China's foreign policy, held Xu Liping, Director of the Centre of Southeast Asian Studies of the Chinese Academy of Social Sciences.
Beijing (VNA) – The fact that Vietnamese Prime Minister Pham Minh Chinh has been invited to the World Economic Forum (WEF) Annual Meeting of the New Champions in China for two consecutive years demonstrates Vietnam's important role in the forum and the country’s prominent priority in China's foreign policy, held Xu Liping, Director of the Centre of Southeast Asian Studies of the Chinese Academy of Social Sciences.
These fully reflect Vietnam's important leading role in the world economy, he told the Vietnam News Agency’s correspondents in Beijing.
He held that Vietnam is in the development process of the world economy, so to some extent plays a pioneering role, making it fit to the event.
Statistics show that Vietnam's economic growth in 2023 reached 5.5%, and the figure is expected to reach 6%-6.5% in 2024. This economic growth rate is very remarkable, he commented, adding that it is relatively high among emerging Asia's economies, reflecting the potential and economic development of Vietnam in the future, especially amid the current recovering global economic situation.
The growth of Vietnam's economy has created more confidence in the recovery of the world economy, and this is a very important point for Vietnam to be invited to the forum for the second time in a row, Xu said, asserting that this fully reflects the contribution of the Vietnamese economy to the growth of the Asia-Pacific economy and even the world economy.
Commenting on PM Chinh’s speech at the opening of the plenary session of the meeting, the scholar said that it is very rich in content and has many very positive points, certainly creating strong confidence for the business community and political community participating in the forum. The issues raised by the Vietnamese PM reflect the Vietnamese leader's accurate assessments of the development of the world economy.
The three proposals given by PM Chinh, including digital economy development, green economy promotion and human resources development are new breakthrough development steps that Vietnam offers to promote the world growth, he stated.
Xu also highly valued PM Chinh’s three economic recovery measures proposed at the event, especially that in institution building in some emerging economies.
ꦉ According to the scholar, PM Chinh’s high evaluation of China’s contributions to the global economy shows the high level of strategic trust between China and Vietnam./.
Prime Minister Pham Minh Chinh and Executive Chairman of the World Economic Forum (WEF) Prof. Klaus Schwab on June 26 co-chaired a dialogue with leaders of about 20 major WEF economic groups on the sidelines of the 15th WEF Annual Meeting of the New Champions in Dalian city, China's Liaoning province.
Prime Minister Pham Minh Chinh on June 26 met Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), on the sidelines of the 15th WEF’s Annual Meeting of the New Champions 2024 in Dalian city, China’s Liaoning province.
Prime Minister Pham Minh Chinh hosted receptions on June 25 for Kim Sang-hyup, Co-Chairperson of the Presidential Commission on Carbon Neutrality and Green Growth of the Republic of Korea, and Lou Qiliang, Chairman and Director General of China Railway Signal Information Corporation (CRSC).
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
