WEF ASEAN 2018: PM holds dialogue with global corporation leaders

Prime Minister Nguyen Xuan Phuc hosted a dialogue on September 12 with arout 20 leaders of multinational corporations who are in Vietnam to attend the 2018 World Economic Forum on ASEAN (WEF ASEAN).
 WEF ASEAN 2018: PM holds dialogue with global corporation leaders ảnh 1Prime Minister Nguyen Xuan Phuc speaks at the dialogue. (Source: VNA)

Hanoi (VNA) – PrimeMinister Nguyen Xuan Phuc hosted a dialogue on September 12 with arout 20leaders of multinational corporations who are in Vietnam to attend the 2018World Economic Forum on ASEAN (WEF ASEAN).

At the dialogue, the Vietnamese leaderwanted to know what investors expect from the Vietnamese Government and who arewilling to expand investment in Vietnam.

The PM urged the foreign businesses toclarify what adjustments that Vietnam should make to facilitate investors’expansion in the country.

He asked the participants to talk aboutissues of their interests as well as biggest concerns while running business inthe country, and called on investors to contribute ideas to help Vietnam makebreakthroughs in its development in both short and long terms.

Speaking at the dialogue, global CEOs appreciated the Vietnamese Government’smanagement, especially in improving business and investment environment, andmanaging macro-economy.

They all committed to working closelywith the Vietnamese Government to carry out its major policies, includingbuilding e-Government and developing digital economy.

Judy Hsu, CEO of Singapore’s Standard Chartered in ASEAN and South Asia saidthe bank, which has operated in Vietnam for 15 years, pledged to continue topromote stronger cooperation in the country.

She added that the State Bank of Vietnam recently allowed Standard Chartered toopen its 4th branch in Ho Chi Minh City.

Meanwhile, Simon Milner, Facebook's Vice President for Public Policy in Asia Pacific, said his firm wants to join the implementation of the Vietnamese Government’svision on digital country in the fields of digital citizen, digital economy,digital Government and digital connection.

Giving recommendations on policies for Vietnam to maintain a high growth in thecoming time, Yasuo Tanabe, Senior Vice President of Hitachi - the firm that isparticipating in a metro project in HCM City, stressed the need for Vietnam todevelop infrastructure, digital economy and digital commerce.

At the same time, representatives from Thai Beverage (Thaibev) of Thailand saidthe group invested about 5 billion USD in SaiGon Beer, Alcohol and Beverage Corporation (Sabeco) of Vietnam, andexpressed the belief in Vietnam’s strong economic growth prospect. The group pledgedto promote Sabeco brand name to the world.

President and CEO of the GeneralElectric (GE) Company Alex Dimitrief, for his part, said that his business hassome 300,000 staff working across the five continents, including 2,000 inVietnam.

GE has provided equipment for Vietnam to generate power and upgrade thousandsof power transmission lines. About 55 percent of the Vietnamese hospitals useat least one technology of the company, he said, adding that Vietnam Airlinesand Vietjet Air have already bought jet engines of the firm.

Lauding GE for its commitment to land long-term investment in Vietnam, PM Phucsaid that GE has made significant contributions to the Vietnam-US relations.

He told the guests that Vietnam has ordered 200 airplanes from the US, with 200engines produced by GE.

Lauding GE’s construction of largeplants in Ho Chi Minh City and Hai Phong, the PM said the move is significantto balance trade between Vietnam and the US.

The Vietnamese Government leader affirmed that Vietnam always attaches great importanceto foreign investors, and is making constant efforts to better business climateto facilitate foreigners landing investment and expanding business in thecountry.-VNA
VNA

See more

Party General Secretary To Lam (L) meets with Speaker of the Parliament of Singapore Seah Kian Peng (Photo: VNA)

Vietnamese Party leader meets with Singaporean Parliament Speaker

Vietnam highly values and seeks to develop its Comprehensive Strategic Partnership with Singapore in a profound and comprehensive manner, said Party General Secretary To Lam while meeting with Speaker of the Parliament of Singapore Seah Kian Peng on March 12.

Prime Minister Pham Minh Chinh (R) welcomes Vice-President of the European Investment Bank Nicola Beer (Photo: VNA)

PM urges EIB to provide Vietnam with new-generation ODA loans

Prime Minister Pham Minh Chinh proposed the bank and Vietnam sign a new-generation official development assistance (ODA) agreement with a larger financial scale, more preferential interest rates, simpler procedures, and less stringent conditions.

Party General Secretary To Lam (R) meets former Prime Minister Lee Hsien Loong (Photo: VNA)

Party leader meets former Singaporean Prime Minister

Party General Secretary To Lam and former PM of Singapore Lee Hsien Loong discussed ways to further deepen bilateral relations in this new phase of development, in line with the freshly established Comprehensive Strategic Partnership. This includes enhancing collaboration between the two ruling parties by promoting delegation exchanges and sharing experience in governance and national development.

☕ Afternoon briefing on March 12

☕ Afternoon briefing on March 12

The elevation of the Vietnam – Singapore relations to a Comprehensive Strategic Partnership, the opening of the AI-Semiconductor Conference, and the WB’s project for Vietnam’s economic growth are some of news highlights on March 12.

This year’s session brings together representatives from nearly 200 UN member states and observers, dozens of international organisations, and more than 200 non-governmental organisations. (Photo: VNA)

Vietnam proposes key priorities for advancing gender equality

Sharing Vietnam’s achievements, Thanh noted that women account for nearly one-third of Vietnam’s National Assembly members; 40% of Vietnam’s STEM workforce is female; 26.5% of businesses in the country are owned by women; women account for 68.5% of the country’s labour force, surpassing the global average of 48.7% and 14.4% of Vietnam’s peacekeepers are women, higher than the UN average of 10.2%.

General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam (first) and Singaporean Prime Minister and Secretary-General of the ruling People's Action Party (PAP) Lawrence Wong review the Guard of Honour of Singapore at the welcome ceremony on March 12. (Photo: VNA)

Singaporean leader hosts welcome ceremony for Vietnamese Party chief

This is the first visit to Singapore by Lam in his position as the CPV General Secretary, marking a new milestone in the bilateral relations, and demonstrating Vietnam’s special attention to elevating relations with Singapore to new heights, in line with Vietnam’s foreign policy.

Party General Secretary To Lam (4th from left), his spouse, and a high-ranking Vietnamese delegation visit the statue of President Ho Chi Minh in the Asian Civilizations Museum (ACM), Singapore. (Photo: VNA)

Party chief offers flowers in tribute to President Ho Chi Minh in Singapore

The Party chief, his spouse and the high-ranking Vietnamese delegation observed a minute of silence to commemorate the great contributions of beloved Uncle Ho to the glorious revolutionary cause of the Party and the nation, expressing their deep gratitude for his selfless sacrifice for the people and the country, and vowing to continue to strive, study and follow President Ho Chi Minh's thought, morality and style.

Vietnamese Ambassador to Cuba and Jamaica Le Quang Long (R) presents his credentials to Governor-General of Jamaica Patrick Allen on March 11. (Photo: VNA)

Vietnam seeks stronger ties with Jamaica

The diplomat emphasised that Vietnam highly values its friendly relations with Jamaica. He proposed practical measures to strengthen bilateral ties, including increasing the exchange of delegations at various levels, enhancing coordination in multilateral forums, and expanding collaboration in key areas such as economy and climate change.