WEF ASEAN 2018 – To join hands in building the ASEAN Community in the fourth industrial revolution era (09:19 14/09/2018)

HNP – The world is changing rapidly due to impact of the globalization and the tremendous development of science and technology, and the fourth industrial revolution. In that context, ASEAN countries are positively making effort, overcoming difficulties and challenges, taking opportunities for their development in order to realize the ASEAN Community Vision 2025 towards construction of the ASEAN Community stronger to promote the central role in regional mechanisms.

PM Nguyen Xuan Phuc talks with foreign experts about the preparation for the forum

As the host country of the World Economic Forum on ASEAN in 2018 (WEF ASEAN 2018), Viet Nam along with ASEAN countries will focus on discussing important issues and offering ideas and orientations on development of ASEAN members in the fourth industrial revolution so as to contribute to successfully implementing the ASEAN Community Vision 2025 for benefit and development of the entire region and each country, thus contributing to the common prosperity of the region and the world.

In addition to other multilateral forums and conferences held in the period of 2016-2020, the hosting of the WEF ASEAN 2018 is seen as specific step in realizing the foreign policy set by the 12th Congress of the Party, the Resolution of the Party Central Committee and the Directive of the Secretariat on elevating multilateral diplomacy to a new height: “Improving the quality, efficiency of multilateral diplomacy,  actively and positively contributing to the building and shaping of multilateral institutions’.

To join hands in building the ASEAN Community

The ASEAN Community is coping with great chances to develop and promote economic connections due to extensive and intensive globalization and the fourth industrial revolution, especially digital technology, internet, big data, etc.

Facing with the situation, Viet Nam has proactively worked with the WEF and ASEAN countries to identify the theme of the WEF ASEAN 2018 “ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution”.

The theme is not only suitable for the development trend of the world but also supplement the common theme of ASEAN 2018: towards the “resilient and innovative” ASEAN Community, meeting the attention, wishes and the common interests of countries in ASEAN and the region.

In the spirit of construction and cooperation for mutual benefits, Viet Nam along with countries in ASEAN and the region, top multinational corporations of the WEF and the world and Vietnamese enterprises will focus on discussing, offering ideas, vision and orientations on development and intensive integration of ASEAN member in the context of the fourth industrial revolution.

First, to research and create motivation in association with the fourth industrial revolution;  to promote the sustainable growth via strengthening administrative reform, promoting innovation, creativity of businesses and people, developing high quality human resources and necessary conditions to adapt new technology environment and meet the requirement of development and integration.

Second, to enhance connectivity within ASEAN and between ASEAN with the region and the world through strengthening digital connectivity, digital commerce, financial technology (fintech), supply chain connectivity, synchronous facilities, hi-tech agriculture and other contents so as to maintain the dynamic growth in economies in ASEAN.

Third, to consolidate and further promote the central role of ASEAN in the region; to improve the capacity of resilience and adaptability to rapid fluctuations in the region and the world; to boost innovation, creativity and improve the efficiency of cooperation, integration in order to bring more practical benefits to people and enterprises.

The WEF ASEAN 2018 not only shows the responsible role and contributions of Viet Nam to ASEAN but also affirms the strategic vision on foreign affairs and development of the Party and State. It also is a strategic vision on building an action-oriented, development-enabling government with integrity; placing people and enterprises in the center of the development; vigorously encouraging entrepreneurial spirit, dynamism and creativity of people and enterprise community.

To consolidate and raise Viet Nam’s status

The WEF ASEAN 2018 in Viet Nam gathers many high-level leaders of ASEAN countries and partners, about 1,000 representatives of multinational corporations, ASEAN, international businesses and 800 Vietnamese enterprises.

Following the success of the 2017 APEC Year APEC Year and the 6th Greater Mekong Sub-region Summit (GMS 6) in March, 2018, the event confirms the ever-growing role, prestige and status of Viet Nam in ASEAN, the region and the world, expresses the trust of the enterprise community, international investors about in the development prospects of Viet Nam.

It also affirms Viet Nam’s new status and power after over 30 years of reform as well as shows the country’s pro-activity and "stature" in international integration and building, shaping the regional and global economy.

Under the leadership of the Founding Chairman Professor Klaus Schwab, the WEF has been the cradle for many new and innovative development ideas with global strategic relevance. Known as an important event attracting the special attention of the region and the world, the  WEF ASEAN 2018 is a favorable condition to  convey messages to international enterprises, investors and communities  about guidelines, policies and determination for renewal and international integration of the Party and State as well as introduce images of a peace-loving Vietnamese nation with social and political stability, a dynamic, open and rapidly growing economy of Viet Nam, and a trustworthy, sincere and responsible partner of the region and the world.

The WEF ASEAN 2018 is a chance for us to deepen the relationship with countries, strategic and key partners, thus fostering the open, multi-lateralized and diversified foreign relations, contributing to creating peaceful, stable environment for the socio-economic development, and raising the country’s status and prestige in international arena.

To bring practical benefits to people and enterprises

Following the theme “ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution”, with 60 discussions, the forum will focus on discussing and recommending ideas, orientations and policies to invigorate the potential, creativity and dynamism of businesses and people towards building the people-centered, dynamic, strong and prosperous ASEAN Community.  

Especially, a large number of real contents will be discussed deeply, such as innovation, start-up, new business model, development of digital economy, digital knowledge and skills, education and job creation, narrowing development gap and sustainable poverty reduction.

In total of about 1,000 international businesses participating in the forum, many are among the top 500 corporations in the world. They have the great capacity of finance, technology and managerial skills. By witnessing the country’s strong development, the determination to build a to build the enabling Government, the effort to improve investment, business environment,  the dynamic business atmosphere and the image of Vietnamese people, who are friendly, hospitable, open, dynamic, creative and endowed with an unbreakable aspiration will encourage them to boost the cooperation and increase investment into Viet Nam through diversified action programs and projects on deploying opportunities of the fourth industrial revolution. Cooperation with multinational corporations will be a chances and motivation for domestic enterprises to dare to think big and do big to raise the productivity, quality, effectiveness and competitiveness so as to reach the open seas.

The WEF ASEAN 2018 will include a wide range of activities, such as the Open Forum on Innovative Start-up, the Viet Nam Business Summit, the Vietnamese Cultural Soirée, national  and provincial exhibitions of Ha Noi, Ho Chi Minh City, Da Nang and Quang Ninh, etc. These events are a chance for levels, sectors, localities and Vietnamese enterprises to enhance the exchange and cooperation with large-scale corporations in the world so as to expand the market, increase the attraction of investment, technology, tourism and external resources for the development.

With the country’s ever-growing status and power after 30 years of reform, the support and cooperation of international friends and partners as well as the joint efforts of all levels, sectors, enterprise community and people, we believed that the WEF ASEAN 2018 in Ha Noi will be successful. It will bring real interests to all parties, for the cooperation, development and prosperity in ASEAN, the region and the world.

The success of the WEF ASEAN 2018 will create new motivation to promote international integration, contributing to confirming the role, status and positive contribution of Viet Nam in ASEAN and the region. It will also stir national pride; encourage the spirit of self-reliance and aspiration to rise to the challenge to build a socialist Viet Nam whose people are well off, whose nation is mighty, who shall enjoy democracy, equality and modernity.

By Tran Huong


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