Representatives of foreign companies recommend solutions to promote the development of Việt Nam


VIETNAM, September 18 –

HÀ NỘI — In a hybrid meeting with Prime Minister Phạm Minh Chính on Saturday, representatives of foreign-invested enterprises and business associations candidly highlighted gaps and obstacles and offered solutions to promote development in Việt Nam .

They applauded Việt Nam for its achievements in recent years, especially in the context of the COVID-19 pandemic and changes in the world. They expressed their thanks for the Vietnamese government’s support to the business community in general and FDI companies in particular.

Nakajima Takeo, chief representative of the Japan External Trade Organization (JETRO) in Hà Nội, said that in a survey conducted by his agency of more than 1,700 parent companies of Japanese companies, Việt Nam ranked second among the countries in which companies wish to increase their investments.

FDI companies are eager to follow the evolution of Việt Nam’s politics. They highlighted the need to diversify in terms of networks in the supply chain; suggested to the local authorities to increase the training of the workers and to provide them with housing and means of transport.

Kim Young-chul, vice president of the Korean Business Association in Việt Nam (KORCHAM), said that amid global uncertainties such as inflation and supply chain disruption, Việt Nam is still highly valued thanks to efforts to keep prices stable. and exchange rate.

Việt Nam should have a more open visa policy to become a global tourism hub and attract more foreign investment, Kim said, adding that short- and long-term infrastructure planning plans, including systems electricity, roads and bridges, need to be upgraded to support high-tech projects.

At the same time, a representative of the Singapore Business Association Việt Nam stressed the importance of developing domestic support industries to reduce dependence on imported materials, and called on the Vietnamese authorities to simplify administrative procedures to facilitate business operations.

According to HSBC Vietnam CEO Tim Evans, Việt Nam continues to be an attractive destination. It is ranked 2nd in terms of post-pandemic recovery potential.

Evans recommended that Việt Nam promote regular dialogues between state management agencies and FDI companies to clarify regulations and policies related to capital flows, financing, business creation and to incentives.

He also underscored the need for Việt Nam to focus on developing skilled workers, saying this will be an important factor in promoting and attracting high-value investments in high-value industries such as semiconductors, electronics, etc. automotive engineering, fintech and logistics.

Erin Ennis, Senior Vice President of DELL TECHNOLOGIES Group, said investments over the past 30 years show that Dell’s projects in Việt Nam have promoted and contributed significantly to the development of electronic and mechanical industries and packing in the country.

Việt Nam will play an important role in the continued diversification of Dell’s supply chain, she said, adding that Dell looks forward to contributing more to Việt Nam’s economy and electronics industry.

Meanwhile, Michael Vũ Nguyễn, country manager of Boeing Vietnam, said Boeing introduced the potential of sustainable energy for the aviation industry and encouraged investment, production and use of clean fuel for airlines. flights to Việt Nam in the future.

He expressed the hope that the Vietnamese government will continue its open, flexible and effective policy for major suppliers in the aviation industry to facilitate their investment in the country.

Việt Nam should promote the deployment of green infrastructure and green materials, he said, expecting the country to become an important source of supply for the aerospace industry in general and the supply chain. supply from Boeing Corporation in particular.

Nguyễn Hoàng, representative of the South Hà Nội Supporting Industrial Park Board of Directors, suggested that large international companies and multinationals operating in Việt Nam create the most favorable conditions and opportunities for Vietnamese companies, especially those specializing in the support industry, to become their partners and satellite manufacturers; and join the production chain in Việt Nam.

During the conference, representatives from a number of localities such as Quảng Ninh, Cần Thơ and Nghệ An briefed participants on the potential, strengths and investment opportunities, mechanisms, policies, environment business and investment in their localities. VNS


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