Vietnam puts forward numerous important proposals at WEF Davos 2022
In his speech given at the 52nd World Economic Forum (WEF) annual meeting held on May 23 in Geneva, Deputy PM Khai emphasised that the "dual" impact of the COVID-19 pandemic and geopolitical tensions are causing an unprecedented impact on supply prices. In addition, it is also hitting the global food supply chain, meaning the important proposals are necessary steps.
He called for greater international co-operation in strengthening the resilience and adaptability to climate change for the Mekong Delta, thereby contributing to national and regional food security.
The Vice President of Tanzania, the director of the World Food Program, and the president of Syngenta Group all shared the assessments and recommendations put forward by the Vietnamese delegation. They emphasized that inflation, supply chain disruptions, climate change, environmental degradation, and rampant urbanisation are seriously affecting global food security.
Delegates also underlined the necessity of enhancing public-private partnerships to address food shortages and promote sustainable and inclusive global food systems.
On May 23 there were also many discussions held on important issues such as the future health system, the future of globalization, the future of global trade, the prospect of global cyber security, and the future of global trade towards net zero emissions. Other topics include the role of carbon dioxide reduction technology, overcoming the energy crisis, as well as building and revitalizing tourism.
On the sidelines of the event, Deputy PM Khai held a meeting with Patrick Leahy, president pro tempore of the United States Senate, during which both sides expressed their delight at the strong development across a variety of fields in Vietnam-US relations.
Deputy PM Khai showed his sincere thanks to Leahy and many US lawmakers for their special sentiment towards Vietnam, along with their support for the development of bilateral relations, especially in co-operation in dealing with the consequences of war.
The same day saw Deputy PM Khai hold a host of working sessions with leaders of a number of major groups on green finance attraction, as well as holding a series of meetings with many business leaders of Wonderloop, Horasis, Menzies Aviation, dHealth Foundation, NAS, Citibank, HSBC, and ToGo.
Representatives from numerous corporations and financial investment funds highly appreciate Vietnamese determination and efforts to transform the economy towards green and sustainable growth.
They came together to affirm their desire to accompany and co-operate alongside the country in the fields of green finance, energy transformation, green growth, high technology, innovation, and human resource development.
The Vietnamese politician reiterated the nation’s determination to pursue a green growth roadmap and attract greater green financial resources towards the country's sustainable development.
During the course of the meeting, Philipp Rösler, former Vice-Chancellor and chairman of Consessor AG, told foreign investors that Vietnam is one of the most attractive investment destinations in the region. Indeed, it boasts many advantages in terms of geographical location, a young population, and a highly-open economy.
Rösler also applauded the Vietnamese development strategy and orientation, affirming his readiness to continue calling for foreign investors, connecting financial institutions and banks, and providing green financial programmes for the nation in the near future.
Meeting with Andre Soelistyo, CEO of GoTo Group, Deputy PM Khai was appreciative the group's business results in technology solutions for transport and tourism in the country and its contributions to recent Vietnamese COVID-19 containment efforts.
The Deputy PM encouraged GoTo Group to increase their investment in the fields of technology, services, information technology, and digital transformation in trade and investment promotion activities. He affirmed that the country would facilitate their investment in the Southeast Asian nation on the basis of Vietnamese and international laws.
In response, Soelistyo said that moving forward the Group will continue to expand its business activities and contribute to the rapid digital transformation in Vietnam.
During an earlier meeting held with Amanda Murphy, head of commercial banking of HSBC for South and Southeast Asia, Deputy PM Khai applauded HSBC's active and effective contributions to developing finance-credit sector in Vietnam. He also affirmed the Government's priority given to developing green and sustainable finance, especially promoting the development of the green bond market.
Murphy said that HSBC is interested and ready to work hand in hand with the Vietnamese Government in the process of implementing green energy transformation, thereby contributing to sustainable development goals.
Moving forward, she is set to visit the country soon to hold detail discussion with relevant ministries and sectors in a bid accelerate the implementation of specific schemes and projects.