All 495 lawmakers present endorsed his nomination, according to parliament, formalizing a dual leadership structure that departs from Vietnam’s long-standing system of collective governance.

Lam, who secured a second term earlier this year as head of the Communist Party of Vietnam, now holds both the top party and state positions for the next five years. Analysts say the concentration of authority could streamline policymaking but also raises concerns about increased centralization of power.

In a televised address after the vote, Lam pledged to pursue a new growth strategy driven by science, technology, innovation and digital transformation, while emphasizing stability, self-reliance in defense and improvements in living standards.

The leadership shift marks a structural change in Vietnam’s political system, bringing it closer to models seen in other one-party states where power is concentrated in a single figure.

Observers say this could accelerate economic decision-making in the fast-growing Southeast Asian economy.Lam, 68, previously served as minister of public security and has promoted reforms aimed at boosting competitiveness and reducing reliance on low-cost manufacturing.

His policies have drawn both praise from investors and concerns over potential risks such as market distortions, favouritism and asset bubbles.Vietnam’s foreign policy is expected to remain broadly unchanged, with Lam continuing a balancing approach between major powers while expanding global partnerships.

The National Assembly is expected to appoint a new prime minister later on Tuesday to replace Pham Minh Chinh.

Speaking at the annual China Development Forum in Beijing, Li said China would expand imports of high-quality foreign goods and work with trading partners to promote more balanced global trade, according to state media.

Li’s remarks come as China faces mounting concerns from major economies, particularly the United States and the European Union, over its trade practices, industrial overcapacity and reliance on Chinese exports.

While he did not directly reference the record surplus, his comments indicated an effort to address imbalances that have strained international economic relations.The forum, which brings together foreign business leaders, policymakers and economists, is a key platform for Beijing to outline its economic priorities and signal openness to global investors.

In a separate address, central bank governor Pan Gongsheng said assessments of global imbalances should account for both goods and services trade, as well as financial flows. He noted that while China runs the world’s largest goods surplus, it also posts the largest services deficit.

Pan added that China does not intend to gain a competitive trade advantage through currency depreciation, responding to longstanding concerns from trading partners over exchange rate policies.

Beijing is also attempting to reverse a decline in foreign direct investment, which fell 5.7% year-on-year to just over 92 billion yuan ($13.36 billion) in January, following a 9.5% drop in 2025.

In December, authorities expanded incentives for foreign investors by adding 200 sectors eligible for benefits such as tax breaks and preferential land use, focusing on areas including advanced manufacturing and modern services.

Efforts to stabilise trade ties come as geopolitical tensions persist. U.S. President Donald Trump recently postponed a planned visit to Beijing to meet President Xi Jinping due to the Iran conflict, delaying talks aimed at easing economic tensions between the two countries.

The forum, held under the theme “A Spirit of Dialogue,” provides a strategic platform for Saudi Arabia to share its Vision 2030 experience while reinforcing partnerships that address shared global challenges in an increasingly interconnected world.

Prince Faisal emphasized that long-term prosperity cannot be achieved by governments acting alone, stressing that meaningful collaboration between the public and private sectors is essential for sustainable growth, resilience, and innovation.

He noted that Saudi Arabia views the World Economic Forum as a vital space for exchanging ideas on economic transformation, environmental responsibility, technological advancement, and human development, all of which are core pillars of the Kingdom’s national vision and reform agenda.

The Saudi delegation includes senior officials responsible for finance, investment, economy and planning, commerce, tourism, industry and mineral resources, as well as communications and information technology, reflecting the breadth of the Kingdom’s reform efforts.

Their participation in bilateral meetings and public sessions is aimed at deepening cooperation with international partners, attracting investment, and showcasing Saudi Arabia’s progress in diversifying its economy beyond oil while strengthening institutional capacity and competitiveness.

Prince Faisal highlighted that Saudi Arabia continues to develop new business models and policy frameworks that encourage innovation, enhance productivity, and create high-quality investment opportunities aligned with global trends.

He added that the Davos forum enables constructive engagement with governments, business leaders, and civil society representatives on pressing issues such as global economic uncertainty, climate challenges, digital transformation, and inclusive growth, all of which require collective action and shared responsibility.

Saudi House will also return to Davos in 2026 after its successful debut, hosting more than 20 focused sessions on investment, human capability development, quality of life, and global collaboration.

These sessions are designed to present Saudi perspectives, facilitate dialogue, and build bridges between international stakeholders, reinforcing the Kingdom’s image as an active contributor to global solutions rather than a passive participant.

The 56th World Economic Forum annual meeting is expected to attract around 3,000 participants from nearly 130 countries, including heads of state, government officials, CEOs, and thought leaders.

Saudi Arabia’s strong presence at the forum reflects its confidence in its reform trajectory and its willingness to engage openly with the world to promote stability, shared prosperity, and sustainable development through dialogue and cooperation.

The demonstrations, driven largely by rising prices and currency pressures, reflect deep economic anxieties among ordinary citizens who are calling for relief, accountability, and improved living standards.

U.S. President Donald Trump issued a warning cautioning against the use of force on demonstrators, framing his remarks as support for civilian safety and the principle of protecting lives during periods of unrest.

While his language was forceful, the message underscored global concern about avoiding bloodshed and encouraging restraint as tensions rise during a sensitive domestic moment for Iran.

Iranian officials rejected any suggestion of foreign interference, emphasizing sovereignty and warning that external pressure could widen regional instability if not carefully managed.

At the same time, authorities within Iran signaled firmness toward unlawful violence, while also acknowledging the seriousness of economic grievances expressed by segments of the population.

Reports from various provinces indicate that protests have spread beyond isolated areas, highlighting the nationwide impact of inflation and currency depreciation on households and small businesses.

Despite clashes reported in some locations, officials stressed the importance of restoring calm and preventing escalation while investigations continue into incidents that resulted in loss of life.

Human rights groups and local media have cited multiple fatalities and arrests, drawing international attention and prompting renewed calls for transparency and accountability.

Medical services and emergency responders have remained active in affected areas, reflecting efforts to manage the situation and protect public safety amid heightened tensions.

Iran’s leadership has a long history of navigating internal unrest, and analysts note that experience, combined with reform efforts, could shape how the current situation evolves.

President Masoud Pezeshkian has adopted a notably conciliatory tone, publicly acknowledging that economic mismanagement and governance gaps have contributed to public dissatisfaction.

His remarks emphasizing responsibility and dialogue were widely seen as an effort to rebuild trust and open channels of communication with concerned citizens.

The government’s economic reform agenda, including attempts to liberalize certain markets, aims to address long-term structural challenges, even as short-term impacts have proven difficult.

A sharp decline in the rial has intensified inflationary pressures, affecting food prices, housing costs, and basic services, and amplifying frustration among working families.

International observers note that economic recovery will require a combination of domestic reforms and eased external pressures to stabilize markets and restore confidence.

U.S. sanctions remain a central factor shaping Iran’s economic environment, with their impact felt across trade, investment, and currency stability.

Regional dynamics also influence the situation, as Iran’s relationships with neighboring countries and allied groups continue to shape broader Middle Eastern geopolitics.

Despite sharp rhetoric, diplomatic channels remain active, and many global actors continue to stress the value of dialogue over confrontation in resolving disputes.

Analysts suggest that measured responses, economic relief efforts, and inclusive policymaking could help de-escalate tensions and support long-term stability.

As events continue to unfold, the focus for many inside and outside Iran remains on protecting lives, addressing economic hardship, and encouraging peaceful solutions.

The current moment is widely viewed as a test of leadership, resilience, and the ability of institutions to respond constructively to public concerns.

Amid uncertainty, there is cautious optimism that acknowledgment of internal challenges and international engagement can open space for reform and recovery.

The report confirms that Ukraine is confidently advancing toward full European Union membership, marking a historic step in the nation’s integration into the European family.

In his remarks, President Zelenskiy emphasized that the findings demonstrate Ukraine’s strong and steady movement toward meeting EU standards.

He said the country is ready to open the first three negotiation clusters, a key step in the formal accession process, reflecting Ukraine’s dedication to governance, transparency, and democratic values.

The president underscored that this achievement is not just a milestone for Ukraine but a victory for the entire European community.

He called on the EU to take decisive action to remove artificial barriers that stand in the way of progress, urging for unity and mutual support in building a stronger, more resilient Europe.

European leaders, including European Council President Antonio Costa, European Commission Vice-President Kaja Kallas, and EU

Enlargement Commissioner Marta Kos, met with Zelenskiy in Kyiv to reaffirm the EU’s continued commitment to Ukraine.
Their meeting symbolized solidarity, partnership, and the shared belief that Ukraine’s future lies firmly within the European Union.

Zelenskiy praised the European Commission for recognizing Ukraine’s reforms, which include progress in anti-corruption measures, judicial independence, and economic modernization.

He noted that despite the ongoing challenges posed by Russia’s invasion, Ukraine has not deviated from its reform agenda or its vision of democratic governance.

The European Union has consistently acknowledged Ukraine’s courage and resilience under extraordinary circumstances.

By pushing forward with reforms in the middle of conflict, Ukraine has demonstrated the strength and unity of its people, inspiring admiration and respect across the continent.

According to political analysts, the latest EU report reinforces Ukraine’s credibility as a candidate country. It confirms that the country has met key benchmarks in the rule of law, economic stability, and institutional transparency — essential pillars for EU membership.

This steady progress reflects a nation determined to transform itself and contribute meaningfully to Europe’s collective future.

For many Ukrainians, the European dream represents more than political alignment — it is a symbol of freedom, opportunity, and long-term peace.

Citizens across the country have embraced the vision of a modern, democratic Ukraine deeply integrated with its European partners.
Public support for EU membership remains strong, reflecting national unity in the face of adversity.

European officials have also commended Ukraine’s progress in aligning its legislation with EU standards. From environmental protection to digital transformation, Ukraine continues to implement reforms that enhance its competitiveness and resilience.

These steps ensure that the country is well-prepared to contribute to Europe’s innovation-driven and sustainable future.

Zelenskiy’s message of confidence and determination has resonated across the continent. He reaffirmed that Ukraine’s European path is not just a political ambition but a moral commitment to uphold the principles of democracy, justice, and human rights.

His words echo the aspirations of millions who believe in a united and prosperous Europe.

The EU’s encouragement and recognition have provided a new wave of motivation for Ukrainian institutions and civil society.

Together, they are working to accelerate reform, strengthen institutions, and build partnerships that reflect shared values and mutual trust. The process may be long, but the direction is clear — Ukraine is on a path of transformation and progress.

As Zelenskiy stated, Ukraine’s future is European, and its progress represents hope for a stronger, more integrated continent. The European Commission’s report serves as a beacon of encouragement for nations striving toward reform, unity, and shared prosperity.

In every step forward, Ukraine continues to prove that determination, courage, and faith in democratic values can shape the future of Europe.