President Biden: Cooperation is not only in good times, but also in bad times

Báo Dân tríBáo Dân trí11/09/2023

(Dan Tri) - Affirming that upgrading relations is an opportunity for both sides to promote cooperation in all areas, US President Joe Biden emphasized cooperation and sharing not only in favorable times, but also in difficult times.

On the afternoon of September 11, at the Government headquarters, US President Joe Biden and Prime Minister Pham Minh Chinh attended the Vietnam-US Summit on Investment and Innovation. The conference was attended by representatives of ministries, sectors and many Vietnamese-US businesses.

The US will cooperate and support Vietnam to seize opportunities and potential.

Speaking at the conference, Prime Minister Pham Minh Chinh said one of the focuses of President Biden's visit to Vietnam is "promoting the development of Vietnam's economy focusing on technology and innovation".

At the same time, General Secretary Nguyen Phu Trong also emphasized that promoting economic-trade-investment cooperation in the direction of innovation is the foundation, focus and driving force of the bilateral relationship; enhancing scientific-technological cooperation is a new breakthrough of the Comprehensive Strategic Partnership.

Accordingly, Prime Minister Pham Minh Chinh and US President Joe Biden agreed to make technology, innovation and investment truly become important new pillars of the Vietnam - US Comprehensive Strategic Partnership.

Tổng thống Biden: Hợp tác không chỉ khi thuận lợi, mà cả lúc khó khăn - 1

Prime Minister Pham Minh Chinh and US President Joe Biden attend the Vietnam-US Summit on Innovation and Investment at noon on September 11 (Photo: Manh Quan).

Agreeing with President Biden's view that "innovation is the key to unlocking our future", the Prime Minister suggested that businesses of both countries spend time, effort, intelligence, and resources prioritizing investment in science and technology, innovation; especially digital transformation, semiconductor industry, green growth, renewable energy, climate change response, and circular economy.

With the motto "taking internal strength as fundamental, strategic, long-term, and decisive; external strength as important and breakthrough", Vietnam's consistent policy is to call for investment and open the market to all partners and businesses around the world, especially American businesses.

The head of the Vietnamese Government hopes to continue receiving strong political support from the US Government and President Joe Biden.

Along with that is the commitment of capital, science and technology and training of high-quality human resources from the US business community in supporting Vietnam in transforming its growth model and restructuring the economy towards green, fast, sustainable and inclusive development.

Tổng thống Biden: Hợp tác không chỉ khi thuận lợi, mà cả lúc khó khăn - 2

Overview of the conference (Photo: Manh Quan).

Agreeing with Prime Minister Pham Minh Chinh, US President Joe Biden expressed his respect and appreciation for Vietnam's development achievements in recent times.

President Biden believes that now is an opportunity for the two countries to promote relations, not only in the fields of investment and innovation but in all fields, to bring about common prosperity. However, this is only the starting point. The two sides need to work together to consolidate and strengthen cooperation to go further in the future.

Accordingly, the US will cooperate and support Vietnam to seize its opportunities and potential; and propose that Vietnam in general and Vietnamese enterprises in particular continue to cooperate closely to promote development.

These include areas such as science and technology, innovation, semiconductor industry, green transformation, climate change response, human resource training; especially deeper participation in regional and global value chains.

President Joe Biden emphasized cooperation and sharing not only during favorable times of development, but also when difficulties and risks may arise.

Vietnamese and US businesses prioritize investment cooperation in 4 areas

Co-chairing the conference, Minister of Planning and Investment Nguyen Chi Dung and US Secretary of State Antony Blinken affirmed that the upgrading of Vietnam-US relations is a historic moment and a new opportunity and potential for the two countries and businesses to promote investment cooperation, especially in areas such as innovation.

Therefore, businesses need to take advantage of this opportunity to strengthen cooperation, bringing benefits not only to businesses but also to people of the two countries.

Tổng thống Biden: Hợp tác không chỉ khi thuận lợi, mà cả lúc khó khăn - 3

Minister of Planning and Investment Nguyen Chi Dung and US Secretary of State Antony Blinken co-chaired the conference (Photo: Manh Quan).

The ministries and sectors of the two countries will continue to work together and create favorable conditions for US and Vietnamese businesses to invest and do business successfully, contributing to creating sustainable values ​​and deepening common interests; participating in sustainable supply chains in the region and globally...

Accordingly, Vietnam's orientation in the coming period is to selectively attract investment towards the development of digital economy, green economy, circular economy, knowledge economy; prioritizing projects such as high technology, electronics, semiconductors, innovation, renewable energy, new energy (hydrogen), financial centers, modern trade and services, infrastructure construction, research and development activities, etc.

These are also areas where the US has potential and strengths. Cooperation between the two countries in these areas is complementary and complementary for mutual development.

Tổng thống Biden: Hợp tác không chỉ khi thuận lợi, mà cả lúc khó khăn - 4

US Secretary of State Antony Blinken talks with US President Joe Biden at the Conference (Photo: Manh Quan).

At the conference, representatives of businesses from both sides had open, frank and substantive exchanges on investment cooperation opportunities, focusing on four main areas: technology and innovation; production investment; financial services and fintech; and trade and services.

Vietnamese businesses expressed interest in cooperating with US businesses in the fields of finance, high technology, renewable energy, finance, green transformation, clean fuel production, hydrogen, aerospace technology, information network security, artificial intelligence, etc.

Meanwhile, US businesses also want and are ready to cooperate with Vietnamese businesses in the production of semiconductors, electronic chips, 5G network development, human resource training, incubation, startups, innovation, etc.

Dantri.com.vn


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