New investment resources need to prioritize the development of digital infrastructure, artificial intelligence, and biotechnology.

On October 26, in the Kingdom of Belgium, the Global Gateway Forum entered its final working day with many important discussion sessions, with the participation of leaders of the European Union (EU), member countries and partners, such as Spain - rotating presidency of the EU, Luxembourg, Portugal, Italy - 2024 G7 chair, President of Comoros - rotating presidency of the African Union.

New investment resources should prioritize the development of artificial intelligence and biotechnology infrastructure, figure 1. — Deputy Prime Minister Tran Hong Ha made specific proposals and requirements on approaches and implementation of the equitable energy transition process at the Global Gateway Forum.

With the theme "Stronger Together through Sustainable Investment", the Forum aims to enhance coordination among countries, international organizations and the private sector in unifying directions and mobilizing resources, increasing investment in high-quality infrastructure, human resource development, and health systems for sustainable development goals.

During the two working days, the leaders focused on discussing initiatives and solutions to increase investment in six priority areas such as green energy and green hydrogen transition, smart transport infrastructure development, digital connectivity, essential raw materials, improving healthcare capacity, education and training.

At the discussion session on digital connectivity, leaders of countries and international organizations assessed digital connectivity as an important solution for social development, contributing to promoting innovation and creativity. Delegates agreed that new investment resources should be prioritized for digital infrastructure development, research and development of artificial intelligence and biotechnology.

The discussion session on strengthening health systems highly appreciated the contribution of the global health sector in responding to the COVID-19 pandemic. In the coming time, countries and international organizations proposed to increase investment in research and development to invent new pharmaceuticals and improve health capacity to better withstand future epidemics. On this occasion, the European Investment Bank announced a support package worth 500 million euros to improve the quality of health infrastructure in less developed countries.

New investment resources should prioritize the development of artificial intelligence and biotechnology infrastructure, image 2. — Deputy Prime Minister Tran Hong Ha worked with Mr. François Michel, General Director of John Cockerill Group (Belgium).

Speaking at the high-level dialogue on green energy transition and green hydrogen, Deputy Prime Minister Tran Hong Ha stated that as one of four countries that have established a fair energy transition partnership with developed countries, Vietnam is ready to cooperate with other countries to act together for sustainable development goals through sharing its potential and strengths.

At the same time, the Deputy Prime Minister also suggested that developed countries and the private sector increase the provision of technology, green financial resources, support human resource training, and management experience so that the whole world can achieve the goal of zero net greenhouse gas emissions by 2050.

In his closing remarks at the Forum, the leaders of the European Commission and partner countries continued to affirm that the Global Gateway is one of the important strategies to enhance coordination between the EU, countries and international organizations in responding to climate change, green and sustainable development.

New investment resources should prioritize the development of artificial intelligence and biotechnology infrastructure, figure 3. — EC President Ursula von der Leyen delivers opening remarks at the Global Gateways Forum.

The Global Gateway Forum achieved its goal of reviewing the implementation of nearly 90 projects within the Strategy framework, orienting and proposing new directions for investment and support packages in global infrastructure development for the period 2024-2027.

Within the framework of the Forum, Deputy Prime Minister Tran Hong Ha received Mr. François Michel, General Director of John Cockerill Group (Belgium) to discuss the implementation of investment projects in Vietnam.

At the meeting, the Deputy Prime Minister welcomed John Cockerill's long-term investment commitment in Vietnam in extremely important fields such as green hydrogen energy. The Deputy Prime Minister appreciated John Cockerill's urgent implementation of the Group's investment plans and proposed to closely coordinate with Vietnamese ministries and sectors during the implementation process.

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