Vietnam to benefit from first PPP deal with WEF

Vietnam has become the first partner of the WEF within the public-private partnership (PPP) model, which is expected to provide Vietnam with access to great resources and relationships.
Vietnam to benefit from first PPP deal with WEF ảnh 1A WEF press conference on Davos Forum 2017 (Photo: VNA)
Geneva (VNA) – Vietnamhas become the first partner of the World Economic Forum (WEF) within the public-privatepartnership (PPP) model, which is expected to provide Vietnam with access togreat resources and relationships for the country’s development.

In a recent interview withVietnam News Agency in Geneva, WEF Managing Director Philipp Rosler said that thedeal aims to build a trusting partnership with Vietnam in information exchange,while supporting the country on the threshold of the fourth industrial revolution.

Activities include providingtraining courses on the fourth industrial revolution as well as challenges and opportunitiesfor Vietnam, he said, adding that as many as 2,000 people could access thecourses each year.

Rosler showed optimism on future cooperationprospects between the forum and Vietnam amidst the sound bilateral partnership,especially in agriculture with about 20 WEF partner enterprises supportingVietnam in shaping strategies for high technology farm produce development.

The new cooperation mechanismthat the forum hopes to share with Vietnam is a comprehensive partnershipcovering a wide range from industry, agriculture, infrastructure, trade, IT,services to climate change, immigration and economic security. The mechanism isborderless, he said, adding that WEF global activities will provide Vietnamwith access to WEF resources.

WEF wishes to approach thecooperation model with Vietnam in two aspects: shaping strategies throughsending academic scholars to help Vietnam build management strategies andplanning to adapt to the fourth industrial revolution and supporting Vietnam inworking with world leading groups and enterprises that share or will set uppartnerships with WEF, said Rosler.

At the WEF for ASEAN region inMay this year in Cambodia, the forum will hold working sessions with Vietnameseofficials to discuss the PPP deal. Prime Minister Nguyen Xuan Phuc is scheduledto attend the event.

Every year, the WEF gathers about3,000 delegates to the Davos Forum, the largest economic forum in Europe.

WEF has a partnership network groupingthousands of enterprises, groups and research institutes in all fields.

If Vietnam successfully builds apartnership with the WEF, the country will enhance its position and role in theworld by directly engaging in building global rules.

Many economists said that the PPPdeal between Vietnam and the WEF is a great chance for Vietnam to send its officialsto WEF to learn from WEF experts for national sustainable growth, while contributingto world efforts in strengthening economic development.-VNA
VNA

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