Prime Minister Nguyen Xuan Phuc met with President of the World Bank (WB) Jim Yong Kim, Director General of the World Trade Organisation (WTO) Roberto Azevêdo, and Chairman of the Chinese Alibaba Group Jack Ma on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland, on January 19.  

At his meeting with the WB President, the PM praised the lender’s role and positive contributions to Vietnam’s socio-economic development. He invited the official to attend the APEC High-level Week 2017 in Vietnam.

The WB executive showed his impression at Vietnam’s development over the past years and affirmed that his institution will continuously assist Vietnam in accomplishing its development goals and is ready to participate in activities in the APEC Year 2017.

He expected that Vietnam will work with the lender in rallying additional capital sources.

During a reception for the WTO Director General, PM Phuc asserted that Vietnam highly values the multilateral trade system with the WTO playing the key role.

He briefed his guest about Vietnam’s ratification of the amended protocol on the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS) and suggested the organisation support the country in training and enhancing the capacity for implementing the WTO agreements, trade talks and dispute settlements.

Welcoming the Chairman of the Chinese Alibaba group, he affirmed that the economic cooperation between Vietnam and China has grown actively in recent years as the two governments have moved to facilitate their businesspeople to boost partnerships in the fields that bring in mutual benefits.

He hailed the Alibaba and Chairman Jack Ma as a shining example of startup and suggested the executive sharing startup experience and seeking investment cooperation opportunities with Vietnamese partners.

Jack Ma said Vietnam is a potential market with young population, noting that his group is devising a cooperation plan, which includes digital technology, with Vietnam.

VNA