The Joint Statement on Upgrading Vietnam-US Relations to "Comprehensive Strategic Partnership" dated September 10, 2023, set out major directions for the bilateral relationship in the coming time in many key areas at the bilateral, regional and global cooperation levels.
The joint statement clearly stated that economic, trade and investment cooperation is identified as the "core foundation and important driving force" for the Vietnam-US relationship. Along with that, the joint statement also identified a "new breakthrough" for the bilateral relationship as cooperation in science, technology and innovation in the digital field.
Therefore, a week later, during his working trip to the United States, the Prime Minister had many activities to promote cooperation and attract investment in new areas that Vietnam has demand for, such as science and technology, digital transformation, innovation, promoting digital economy, green economy, circular economy, knowledge economy and semiconductor chip manufacturing.
The Head of Government has held dozens of economic and policy seminars with the business community, scholars, and researchers from major universities in the United States.
Through the 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 factors, viewpoints, and major guiding goals in Vietnam's development path.
Prime Minister Pham Minh Chinh said that Vietnam has a policy of selectively attracting investment, prioritizing projects in sectors and fields such as science and technology, innovation, research and development; green economy; digital economy; knowledge economy; circular economy, etc.
The Vietnamese Government is making efforts to improve the business investment environment, perfect institutions and policy mechanisms, promote administrative reform, develop infrastructure, and focus on training high-quality human resources, especially in emerging fields, to facilitate and balance cost reduction for businesses and increase product price competitiveness.
The Prime Minister said that the Vietnamese Government is committed to accompanying and creating favorable conditions for corporations to invest and do business effectively in Vietnam, with the view of ensuring harmony of interests between people, enterprises, and the State, sharing benefits, sharing risks, and the success of enterprises is also the success of Vietnam.
According to Minister of Planning and Investment Nguyen Chi Dung, the Prime Minister had separate meetings with enterprises in the fields of technology and innovation, with leading US semiconductor enterprises, with leading US enterprises, funds, financial organizations, banks, and financial institutions related to the financial center in Ho Chi Minh City.
“That is a new, more practical, more effective, and more focused approach,” Mr. Nguyen Chi Dung emphasized.
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