Prime Minister Nguyen Tan Dung will attend the 2012 World Economic Forum (WEF) on East Asia in Bangkok on May 31 at the invitation of Thailand ’s Prime Minister Yingluck Shinawatra and the WEF President, Klause Schwab.

Themed, “ Shaping the Region’s Future through Connectivity,” the forum will focus on the roles played by the ASEAN economies with high economic growth to help rebalance the global and regional overall economic outlook.

The forum will discuss the roles of governments and institutions in the development of financial policies to manage inflation, capital outflows, the volatility of commodity prices and a more balanced growth to stimulate a greater domestic and regional demand.

The participants will also discuss how the region will use its demographic dividends and technology base to develop a model that will increase growth through innovation, introduce a mobile workforce, help entrepreneurs and raise the level of workers’ skills.

WEF for East Asia this year is taking place at a time when the world’s economic situation has seen a more positive growth rate over the last year, with the East Asia region recording a growth rate of 8 percent in 2011 and expected to reach 7.4 percent in 2012.

The ASEAN member countries also hope to establish an ASEAN community by 2015, which includes a general overall plan for ASEAN connectivity.

Vietnam has increasingly integrated into the world and actively participated in international forums. The country successfully hosted the WEF in June, 2010 in Ho Chi Minh City . The forum attracted 450 delegates, including government leaders from Cambodia , Laos , Myanmar , Thailand and Vietnam .

With the theme, ‘Responding to the New Globalism’, the 2011 forum was held in Indonesia . The Vietnamese delegation was led by Minister of Agriculture and Rural Development Cao Duc Phat./.