“A truly new opportunity has dawned on East Asia and so it must take a greater role in global governance,” Nguyen Tan Dung, Prime Minister of Vietnam told more than 400 of Asia’s leading decision-makers at the inauguration of the 19th World Economic Forum on East Asia in Vietnam. The region has recovered swiftly from the global economic crisis, he said, but it must work to turn recovery into economic growth that is sustainable, equitable and helps to solve the problem of climate change.

Optimism and confidence characterized the remarks of leaders at the meeting – among them Prime Ministers Bouasone Bouphavanh of Laos, and Samdach Akka Moha Sena Padei Techo Hun Sen of Cambodia, along with Kiat Sittheeamorn, President of Thailand Trade Representative, and Wang Zhizhen, Vice-Chairwoman, National Committee of the Chinese People’s Political Consultative Conference (CPPCC), People’s Republic of China.

Vice-Chairwoman Wang said that in past crises, it was Asian countries that provided the engine for economic revival. “Everyone is hoping to learn from Asian dynamism.” In historic turning points like this, she added, Asia and the rest of the world must work together for world peace and progress. She called on countries in Asia to develop strategies for post-crisis economic development, continue areas of cooperation and ponder the region’s enhanced role in the world economy.
Watch the full session below: