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PM calls for more investment from leading German businesses

Prime Minister Nguyen Xuan Phuc had a dialogue with leading German businesses operating in various fields such as information-technology, finance, healthcare, agriculture, and hi-tech industry in Berlin in July 6.
PM calls for more investment from leading German businesses ảnh 1Prime Minister Nguyen Xuan Phuc visits a gas turbine manufacturing factory of Siemens Group (Photo: VNA)
Berlin (VNA) – PrimeMinister Nguyen Xuan Phuc had a dialogue with leading German businessesoperating in various fields such as information-technology, finance, healthcare,agriculture, and hi-tech industry in Berlin in July 6.

The PM said Vietnam is a dynamic economy withrapid growth, stable macro-economy, and favourable business environment, addingthat the country is shifting economicgrowth to high-added value sectors, and has joined many new-generation freetrade agreements.

He went on to say that Vietnam has abundant andyoung human resources, who are quick to master the latest technologies. Thecountry is among the top 10 in Asia-Pacific and top 30 in the globe in softwareoutsourcing.

Phuc also stressed that Germanyis one of the prioritised partners of Vietnam in the fourth industrialrevolution, noting that many Germanbusinesses are operating effectively in Vietnam, contributing to raisingbilateral trade to over 9 billion USD.

Therefore, Vietnam and Germany could promotecooperation in such potential arenas as trade, investment, training, energy,tourism, and information technology, the PM suggested.

At the dialogue, German firms expressed their wishto cooperate with Vietnam in the fields of healthcare, education, training,hi-tech agriculture, renewable energy, and smart power-saving solutions.

Cedrik Neike from Siemens said his company iskeen to partner with Vietnam in the provision of green energy and healthcareservices.

Siemens and other German firmsalso want to join the underground project in Ho Chi Minh City and the manufacturingof gas-fuelled turbines in Vietnam, he added.

Meanwhile, chief financial officer of BayerHealthcare Pharma Julio Triana, said the company has been present in Vietnam for20 years and hopes to make stronger investment in healthcare and agriculture.

Chief executive officer of Philips Lighting DACHKarsten Vierke affirmed his company’s wish to invest in human resources training,develop smart city using the company’s latest technology which can save up to65 percent of electricity.

Prime Minister Nguyen Xuan Phuc hailed this ideaand hoped the Philips Lighting DACH will soon cooperate with Vietnam to implementits project in major cities.

The PM also welcomed the German investor DeustcheBank to invest in the field of finance and stock markets.

He appealed for Germaninvestment in improving healthcare services in Vietnam, including theproduction of high-quality medicines at reasonable prices.

Answering a query on Vietnam’s long-term policyto develop renewable energy, the PM said he has signed an important decision toadjust the price of solar electricity to 9.35 cent per one kWh. 

Vietnam boasts huge potential in renewableenergy and hopes German investors will consider investment in the country, hesaid.

The same day, PM Phuc visiteda gas turbine manufacturing factory of Siemens Group – which has been presentin Vietnam since 1979 and participated in many important infrastructureprojects and other fields such as electricity, mechanical engineering andhealthcare equipment production.-VNA

VNA
#Prime Minister Nguyen Xuan Phuc #dialogue #German businesses #information-technology #finance #healthcare #agriculture #hi-tech industry #Asia-Pacific #free trade agreements #trade #investment #training #energy #tourism #infrastructure #gas turbine #Siemens #Deustche Bank Germany Vietnam
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