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WEF set to explore Asia’s leadership role
By Thanh Trung anh Thu Nguyet - The Saigon Times Daily  
Sunday,  Jun 6, 2010,20:23 (GMT+7)
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WEF set to explore Asia’s leadership role

By Thanh Trung anh Thu Nguyet - The Saigon Times Daily  

Deputy Minister of Foreign Affairs Doan Xuan Hung introduces the World Economic Forum on East Asia 2010 at a news conference in Hanoi on Thursday while Sushant Palakurthi Rao (2nd, L), director, head of Asia, World Economic Forum, and Ministry of Foreign Affairs spokesperson Nguyen Phuong Nga (R) look on Photo: TTXVN
HANOI, HCMC - About 450 of Asia’s business, government, academia and civil society decision-makers from over 50 countries will start gathering in HCMC on Sunday for the World Economic Forum on East Asia designed to look into the region’s greater role in responding to global challenges.

Vị trí đặt quảng cáoThe two-day 19th World Economic Forum on East Asia is taking place at a time when Asia is quickly returning to its growth path while the rest of the world is still struggling with the consequences of the global financial crisis.

For the first time, the forum will be held in Vietnam, the chair of the Association of Southeast Asian Nations (ASEAN) in 2010, which groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. 

The theme “Rethinking Asia’s Leadership Agenda” and the selection of Vietnam as a host country indicate the region’s rising influence on the world economy.

Sushant Palakurthi Rao, director, head of Asia, World Economic Forum, said in a statement that Asia as a region was rebounding quickly from the financial crisis and had a head start on the global economic recovery.

The World Economic Forum on East Asia 2010 will provide an important opportunity to explore Asia’s leadership agenda and discuss how the region will respond to global challenges, Rao said.

The forthcoming discussions will consider to what extent ongoing regional integration will serve as the basis for Asian leaders to assume a greater leadership role in global cooperation, and to what extent ASEAN’s integration will facilitate China’s future growth or serve as a counterbalance.  

“By holding the World Economic Forum on East Asia in Vietnam, we will be in a country that exemplifies the dynamism of this region,” Rao said.  

Speaking at a news conference in Hanoi on Thursday, Deputy Minister of Foreign Affairs Doan Xuan Hung said: “The diverse discussion model of the World Economic Forum on East Asia will be an ideal platform for Vietnam and other countries to share with participants the practices and development orientations in the recovery process of the regional and world economies.

“In addition, assuming the chairmanship of ASEAN in 2010 and hosting the World Economic Forum on East Asia will help Vietnam broaden the opportunities for better understanding and policy cohesion among countries in the region and other partners in the world to cope with current challenges and drive towards sustainable growth.”

The agenda of the forum is also to look into how high-growth economies can improve their competitiveness through developing innovation-driven, green economies.  

Prime Minister Nguyen Tan Dung is expected to come to the forum to announce the inauguration of this high-profile event and attend two main sessions.

He and other high-profile government officials of Vietnam will have bilateral meetings with participating countries’ officials and business leaders. Vietnam’s Deputy Prime Minister and Minister of Foreign Affairs Pham Gia Khiem and some ministers will speak at discussion sessions. About 20 Vietnamese enterprises, including 12 business members of WEF, will take part in the forum.

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