Vietnam resolved to become leading investment destination
Vietnam is actively positioning itself as a premier investment destination, with Prime Minister Pham Minh Chinh urging investors to bring capital and advanced technologies to the country. This call was made during a seminar in Davos, Switzerland, as part of the 54th Annual Meeting of the World Economic Forum.
PM Chinh highlighted Vietnam's commitment to rebuilding global trust, emphasizing key factors that make the country attractive for investment. These include the pursuit of national independence and socialism, leveraging national and international solidarity, and creatively applying ideological principles. Vietnam aims to build a socialist democracy, a law-governed socialist state, and a socialist-oriented market economy.
The Prime Minister stressed the importance of state regulation in Vietnam's developing economy, emphasizing that social equality, welfare, and environmental concerns will not be compromised for economic growth. Foreign policy priorities were reiterated, focusing on independence, self-reliance, peace, friendship, cooperation, and multilateral relations.
Vietnam aims to become a developed, high-income nation by 2045, focusing on strategic infrastructure construction, high-quality personnel training, and institutional perfection. Despite global challenges, Vietnam remains committed to policies that balance the interests of the state, people, businesses, and investors.
Delegates praised Vietnam's socio-economic achievements, including a 5.05% GDP growth and substantial foreign direct investment in 2023. Prime Minister Chinh called on investors to bring capital and cutting-edge technologies to Vietnam, welcoming ideas to strengthen institutions and enhance administrative capacity. Thomas Serva, CEO of France's Baracoda Group, expressed interest in contributing to innovation centers and AI development in Vietnam.
Source: vnexpress
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