Vice President Vo Thi Anh Xuan (R) and President and CEO of the AIA Group Lee Yuan Siong at the meeting in Hanoi on August 1. (Photo: VNA) Congratulating AIA on itspreeminent achievements after over 20 years of operation in Vietnam, Xuan noted the country is working to create an open and stable business climatefor foreign businesses to expand operations.
Vietnam has viewed the foreigninvested sector as an important part of its economy, and it has encouraged foreignenterprises to make more investment, especially in finance, she emphasised.
The Vice President called on AIA to shareexperience in not only insurance but also management of financial investment andresponse to climate challenges and other risks to guarantee sustainableinvestment and development.
Leaders of Vietnam are readyto listen to opinions from foreign firms, including US businesses, so as toensure the best possible environment that matches local laws and internationalpractices for their development, Xuan stressed.
To achieve net zero emissionsby 2050, Vietnam looks to form a practical ecosystem for digitaltransformation, the Vice President said, expressing her hope that foreignpartners, including enterprises from the US, will assist the country to carryout this commitment through manpower training, infrastructure investment, andfinancial support for feasible digital transformation and energy transitionprojects.
She also asked AIA to upholdits sense of social responsibility by increasing charity activities and communitysupport, especially for disadvantaged children and the communities hit hard bythe COVID-19 pandemic.
For his part, Lee highlyvalued Vietnam’s efforts to improve the investment and business climate, and appreciated the favourable conditions provided by the Vietnamese Government,particularly insurance authorities, for AIA.
He noted children, logisticsand health care are among the focuses of AIA, and Vietnam is an importantmarket for the firm to carry out its investment plan.
Voicing his belief in Vietnam’sprosperous development in the future, he added AIA will contribute more to thecountry’s sustainable socio-economic development, especially the activities andprojects for the sake of the local community./.
VNA
