The Joint Statement on Upgrading Vietnam-US Relations to a "Comprehensive Strategic Partnership," issued on September 10, 2023, outlined major directions for bilateral relations in the coming period across many key areas at the bilateral, regional, and global levels of cooperation.
The joint statement clearly stated that economic , trade, and investment cooperation is identified as the "core foundation and key driving force" for the relationship between Vietnam and the United States. Along with that, the joint statement also identified a "new breakthrough" for the bilateral relationship: cooperation in science, technology, and innovation in the digital field.
Therefore, a week later, during his trip to the United States, the Prime Minister undertook numerous activities to promote cooperation and attract investment in new areas where Vietnam has needs, such as science and technology, digital transformation, innovation, promoting the digital economy, green economy, circular economy, knowledge economy, and semiconductor chip manufacturing.
The head of government has held dozens of economic and policy talks with business communities, academics, and researchers from major universities in the United States.
Through these meetings, the Prime Minister provided information on Vietnam's outstanding achievements under the leadership of the Communist Party of Vietnam, headed by General Secretary Nguyen Phu Trong, along with the fundamental elements, perspectives, and major directional goals in Vietnam's development path.
Prime Minister Pham Minh Chinh stated that Vietnam's policy is to attract selective investment, prioritizing projects in sectors such as science and technology, innovation, research and development; green economy; digital economy; knowledge economy; and circular economy…
The Vietnamese government is striving to improve the investment and business environment, perfect institutions and policy mechanisms, promote administrative reform, develop infrastructure, and focus on training high-quality human resources, especially in emerging fields, in order to facilitate and balance costs for businesses and increase the competitiveness of product prices.
The Prime Minister stated that the Vietnamese Government is committed to supporting and creating favorable conditions for corporations to invest and conduct business effectively in Vietnam, with the view of ensuring a harmonious balance of interests among the people, businesses, and the State, sharing benefits and risks, and that the success of businesses is also the success of Vietnam.
According to Minister of Planning and Investment Nguyen Chi Dung, the Prime Minister has held separate meetings with businesses in the technology and innovation sectors, with leading US semiconductor companies, and with businesses, funds, financial institutions, banks, and leading US financial organizations related to the financial center in Ho Chi Minh City.
"This is a new approach, more practical, more effective, and more focused," Mr. Nguyen Chi Dung emphasized.
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