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

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