"PM Nguyen Xuan Phuc will participate in the 27th summit of the Asia-Pacific Economic Cooperation (APEC) forum online on November 20 at an invitation from Malaysia's Prime Minister Muhyiddin Yassin," Foreign Ministry spokeswoman Le Thi Thu Hang said at a press meet Thursday.

Phuc is expected to deliver an important speech in which he will share evaluations of global and regional situations and issues related to multilateral cooperation, and make cooperation proposals for APEC.

Twenty one APEC member economies, including the U.S. and China, account for 39 percent of the world's population, contributing 59 percent of global GDP and over 49 percent of trade.

After the APEC Summit, themed "APEC Re-Imagined: Priorities in the Aftermath of Covid-19," Phuc will participate in the G20 Summit held online November 21-22. He is expected to speak at two sessions, Hang said.

Last year, Phuc traveled to Japan for the 14th G20 Summit, representing Vietnam as one of eight guest nations.

G20 is an international forum for the governments and central bank governors of 19 countries, including the world's biggest economies and the E.U., accounting for 90 percent of the global economy.