HomePolitical ActivitiesMinister Nguyen Chi Dung worked with the Ho Chi Minh City Business Delegation...

Minister Nguyen Chi Dung worked with the American Business Council Business Delegation



(MPI) – On the afternoon of March 19, 3, Minister of Planning and Investment Nguyen Chi Dung had a working session with the US-ASEAN Business Council (USABC) Business Delegation led by Mr. Ted Osius, Chairman cum General Director of USABC, former US Ambassador to Vietnam as Head of Delegation.

Minister Nguyen Chi Dung spoke at the working session. Photo: MPI

Speaking at the meeting, the Minister highly appreciated the production and business investment activities of the US business community, including members of USABC in Vietnam. The working session is an important annual dialogue activity, in the special context when the two countries have just upgraded their bilateral relations; Looking forward to hearing from US businesses about new investment plans, investment expansion, difficulties, problems and policy recommendations in the coming time.

At the meeting, representatives of a number of US companies and corporations operating in many fields such as aviation and defense, technology, energy, manufacturing, agriculture and food, financial services, medicine economy, investment funds (such as AES Vietnam, Meta, Ge Vernova, Boing, SAP Asia Pte Ltd, KKR, Atmo, FedEx Express. Ford Vietnam, GE Vietnam...) have shared information about the business investment situation. ; future business investment plans and expressed interest in the Vietnamese market.

AES Vietnam business representative said that the company sees many opportunities to invest and do business in Vietnam, especially in the energy sector; highly appreciates Vietnam's potential in the field of gas and electricity investment and believes that Vietnam will attract more investors into this field, thereby promoting socio-economic development.

Director of Meta Asia-Pacific Rafael Frankel spoke at the meeting. Photo: MPI

Mr. Rafael Frankel, Director of Meta in the Asia-Pacific region, highly appreciated Vietnam's potentials and opportunities, including digital transformation and innovation. At the same time, Meta also cooperated with the Ministry of Planning and Investment to organize competitions on innovation, creating AI products, new products, and creating tools for small and medium-sized enterprises. , promoting digital transformation in Vietnam. Continuing the success of 2023, on March 18, 3, "Vietnam Innovation Challenge" in 2024 with the theme "Innovation with businesses to promote the semiconductor industry and artificial intelligence" "recovering the global market" was officially announced to seek innovative solutions from organizations/individuals around the world to solve important national challenges, towards a developed Vietnam. prosperous and sustainable development; promote growth and improve competitiveness.

Panoramic meeting. Photo: MPI

Minister Nguyen Chi Dung highly appreciated and thanked the frank sharing about the business situation and investment commitments in Vietnam in new fields as well as policy proposals and recommendations; emphasizing the context of the world's current situation affecting the Vietnamese economy such as natural disasters, epidemics, climate change, trade competition, rising inflation, etc. Meanwhile, Vietnam has Identify specific goals, by 2030, to be a developing country with modern industry and high average income; By 2045, it will become a developed, high-income country; make a commitment to achieve net zero emissions by 0;... to achieve the set goals, Vietnam needs the participation and support of the business community, including US businesses.

Accordingly, the Minister informed about Vietnam's priority areas such as green growth, applying ESG standards; innovation, renewable energy, high technology, semiconductor chips, international financial center; We recommend that US businesses pay attention and expand investment in Vietnam, contributing to realizing goals, bringing benefits to each other, and bringing investment cooperation relationships to match the cooperation relationships. Vietnam - United States strategy; affirmed that, as the focal agency in handling difficulties, problems and arising issues of businesses, the Ministry of Planning and Investment always pays attention to and supports businesses and creates an investment environment. favorable business.

President and General Director of USABC, former US Ambassador to Vietnam Ted Osius spoke at the meeting. Photo: MPI

Thanking Minister Nguyen Chi Dung for the welcome and shared information, Mr. Ted Osius said that with the number of US businessmen participating in the delegation to Vietnam since the two countries upgraded their relationship to a Strategic Partnership, The comprehensive strategy demonstrates businesses' interest in Vietnam's business investment environment. At the same time, he said that USABC is interested in and wishes to invest and do business in Vietnam, especially upgrading the Vietnam - United States relationship is a good premise for businesses to invest and develop.

Mr. Ted Osius also highly appreciated Vietnam's policies to welcome foreign investors as well as priority areas such as the operational goals of the National Innovation Center and the development of a Development Project. Human resources for the semiconductor industry until 2030, orientation to 2045" with the goal of training 50 thousand engineers by 2030./.



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