Xi addresses Davos, Samsung results, Vietnam party congress

Xi addresses Davos, Samsung results, Vietnam party congress

Your weekly lineup of Asia’s biggest business and political events

Welcome to Your Week in Asia.

Two weeklong events begin on Monday, each with a certain degree of rarity. Vietnam’s Communist Party will hold its quinquennial gathering to chart the country’s next five years. Its neighbor China’s leader, Xi Jinping, makes his second appearance at a World Economic Forum virtual event.

Later in the week will see a slew of GDP figures, starting with South Korea on Tuesday, the Philippines on Thursday, and ending with Hong Kong and Taiwan on Friday. China’s monthly PMI is due Sunday.

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Vietnam’s twice-a-decade party congress

The Vietnam Communist Party will select the country’s leaders for the next five years at its 13th Congress, which starts Monday. Delegates at the quinquennial congress will select the party’s next chief, as well as Vietnam’s state president, prime minister and National Assembly chair.

On the agenda: Socioeconomic targets for 2025 and beyond. Continuing Vietnam’s successful response to COVID-19, which allowed the economy to grow 2.9% in 2020. Tensions between China, Vietnam’s neighbor and fellow communist nation, and the U.S., the biggest buyer of Vietnamese exports.