Prime Minister Nguyen Xuan Phuc delivers a speech at the opening plenary (Photo: VNA) Phnom Penh (VNA) – Prime Minister Nguyen Xuan Phuc attended the 26th World Economic Forum on ASEAN (WEF ASEAN) in Phnom Penh on May 11, emphasisingthe creation of a new growth driving force to maintain the bloc’s dynamicdevelopment and competitiveness.
In his speech at the opening plenary themed “ASEAN: 50 Years Young”, the PM highlightedachievements on development and regional integration ASEAN has obtained overthe past 50 years, saying that the bloc’s dynamic development has offered opportunitiesto businesses.
He said to maintain its dynamic development and competitiveness, ASEAN shouldnot only depend on resources and young labour force, but also create a strongergrowth driving force from innovation.
Apart from renewing economic management and governance, ASEAN countries need toequip and provide people, especially young labourers, with necessary skills tomaster advanced technology, meeting requirements on new jobs.
The PM proposed setting a working group to study and put forth policies on educationand vocational training and startup promotion, and encourage businesses toinvest in or buy startup initiatives of ASEAN youngsters.
As a dynamic member of ASEAN, he said, Vietnam is working toward sustainable growthby improving growth quality and taking advantage of the fourth IndustrialRevolution to raise labour productivity, competitiveness and jump to a higher placein the global value chain.
Vietnam is working to build a constructive government, promote institutionalreform, create favourable environment for enterprises and people, especiallythe youth, and uphold the startup spirit and dynamism of the nation.
Later, PM Nguyen Xuan Phuc and other ASEAN leaders were provided with a reporton ASEAN development and integration by the WEF’s ASEAN regional strategicgroup.
The 26th WEF ASEAN takes place on May 11-12 amidst ASEAN celebrating its 50thanniversary. It is scheduled to have 40 panels focusing on youth, technologyand growth.
The event draws the participation of over 600 delegates, including senior leaders,ministers of ASEAN member countries and countries like Japan, the Republic ofKorea, and representatives from international organisations and regional andglobal groups.
Following the opening session, PM Nguyen Xua Phuc had bilateral meetings on thesidelines of the event.-VNA
In his speech at the opening plenary themed “ASEAN: 50 Years Young”, the PM highlightedachievements on development and regional integration ASEAN has obtained overthe past 50 years, saying that the bloc’s dynamic development has offered opportunitiesto businesses.
He said to maintain its dynamic development and competitiveness, ASEAN shouldnot only depend on resources and young labour force, but also create a strongergrowth driving force from innovation.
Apart from renewing economic management and governance, ASEAN countries need toequip and provide people, especially young labourers, with necessary skills tomaster advanced technology, meeting requirements on new jobs.
The PM proposed setting a working group to study and put forth policies on educationand vocational training and startup promotion, and encourage businesses toinvest in or buy startup initiatives of ASEAN youngsters.
As a dynamic member of ASEAN, he said, Vietnam is working toward sustainable growthby improving growth quality and taking advantage of the fourth IndustrialRevolution to raise labour productivity, competitiveness and jump to a higher placein the global value chain.
Vietnam is working to build a constructive government, promote institutionalreform, create favourable environment for enterprises and people, especiallythe youth, and uphold the startup spirit and dynamism of the nation.
Later, PM Nguyen Xuan Phuc and other ASEAN leaders were provided with a reporton ASEAN development and integration by the WEF’s ASEAN regional strategicgroup.
The 26th WEF ASEAN takes place on May 11-12 amidst ASEAN celebrating its 50thanniversary. It is scheduled to have 40 panels focusing on youth, technologyand growth.
The event draws the participation of over 600 delegates, including senior leaders,ministers of ASEAN member countries and countries like Japan, the Republic ofKorea, and representatives from international organisations and regional andglobal groups.
Following the opening session, PM Nguyen Xua Phuc had bilateral meetings on thesidelines of the event.-VNA
VNA
