Deputy PM Nhan attends World Economic Forum

Deputy Prime Minister Nguyen Thien Nhan attended the opening session of the annual World Economic Forum yesterday in Davos, Switzerland.

The five-day meeting under the theme “Shared Norms for the New Reality” has drawn the participation of more than 2,500 elites from over 100 countries, and is scheduled to address the challenges and risks facing the world while striving to forge new shared norms.

Participants will focus their discussions on four main topics of responding to the new reality; the economic outlook and defining policies for inclusive growth; supporting the G20 agenda and building a risk response network, and reflecting the foremost concerns of the world today.

Nhan is expected to deliver speeches about Viet Nam achieving its development targets and a new vision for the development of agriculture, later on today and tomorrow. He will also meet with Swiss Economic Minister Johann Schneider-Ammann and WEF Chairman Klaus Schwab, among others. CEOs from Unilever UK&Ireland and South Korea’s Posco are also due to meet Nhen.

Schwab said prior to the meeting: “One of the most important factors of the new reality is the shift of geopolitical and geo-economic power from north to south, from west to east. We will concentrate on defining the new reality and discuss which shared norms are required for making global co-operation possible in this new age.”

Participants will have over 200 sessions and seminars on subjects ranging from economic recovery and growth and the shift in global political and economic power, to health and social development.

The meeting has attracted more than 1,400 business leaders from the world’s top 1,000 companies, over 30 heads of state or government, and about 30 leaders of international organisations and NGOs. They are joined by academic, cultural and religious activists as well as representatives from civil society, media and other circles.

The Geneva-based World Economic Forum is an independent non-profit international organisation which is committed to shaping global, regional and industrial agendas. — VNS

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